70Trades has Most Profitable Trading Recipe for Novice Traders

Jayanand Sagar | November 15, 2016 | 10:58 am
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70Trades has Most Profitable Trading Recipe for Novice Traders

Jayanand Sagar | November 15, 2016 | 10:58 am

A recipe is usually termed as a set of instructions for preparing a thing, mostly food. But in online trading, there are no such thing as rules. There are, of course, factors that have to be narrowed-in every time before placing a trade. But even they are not recipes to make profit from. Therefore, a trading-based recipe must be more dynamic — something that changes its style according to the market situation.

When 70Trades had decided to enter the online trading scenario, its first and foremost aim as an online brokerage firm was to simplify trading for novices. The Vanuatu-based company accordingly researched and found that it takes a trader a maximum of 70 trades to register his/her first profit. It not only adopted the name, but also emerged as one true partner for traders who want to reduce market risk while making those 70 first trades — that’s the core 70Trades theory.

70Trades today stands as one of best reviewed trading platforms (read 70Trades review), especially for its impeccable assistance to novices and professionals alike. It would be safe to say that it is the only online brokerage firm that helps traders balancing their psychology during a profit/loss trade.

“This is very important,” states 70Trades, “especially when you start trading with a difficult emotional situation, because if you are not calmed after a trade that has not been successful, this can automatically lead to an impact on your next trading operation.”

70Trades recipe further preaches the practice of money management and stop loss placement among traders. While the former strategy helps one manage his/her capital efficiently and spread risks among positions, the latter simply allows the brokers to close open positions early in order to avoid a volatile outcome.

And indeed, their trading platform does offer a wide variety of trading assets. It helps traders by allowing them to spread their portfolio, as well as the risks, on the sideways. These are the financial trading products that are available at 70Trades:

Forex

There are currently 180 national currencies that are recognised as legal tender by the United Nations. Like any other asset, the value of these currencies fluctuate against one another, in response to government’s and central bank’s policies. And it is only these fluctuations that contribute to the possibility of having a forex exchange trading industry.

70Trades offers the most in-demand currency pairs to trade on, including EURUSD, USDJPY, etc.

Commodity

Commodities represent traceable goods such as Gold, Copper, Silver, etc. 70Trades doesn’t actually allow traders to purchase these otherwise purchasable goods; but it certainly offers a smooth experience when it comes to speculating on their market values.

Stocks

Like commodities, 70Trades allows traders to speculate on the fluctuations of stocks. The trading platform currently lists stocks of Apple, Facebook, Walt Disney, Citigroup, General Electric, Google and many leading companies.

Indices

Indices represents the value of publicly-traded companies, including CAC40, S&P 500, FTSE 100, IBEX 35, NIKKEI, DOW JONES and others. 70Trades has included them all in its portfolio.

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  • F’enton

    This is worth giving a try. I hope my instincts are right, anyway.

  • Alicia

    The diverse approved currencies have made forex trading really profitable. There are lots of currencies to pair and trade on and that’s why investing in 70 trades was a great choice. The platform considers both novice and others and so one would not get confused over anything.

  • Zara

    Okay nice tips and all that, but I need a clearer description and maybe something about leverages and how their trading tools would be helpful for newbies.

  • Baal-tamar Paavo

    I’ve heard people say that this is a scam and I’m quite scared about investing in it. Please, anyone has withdrawn money for real from it? Honestly I’ve lost a lot of money trading online and I wouldn’t want to fail for more now.

    • Damia

      70 trades is really profitable and I can attest to that. I was a total novice when I learned about it but now I am almost an expert in the trading. I’ve withdrawn profits and I have referred friends to the system too.

  • Aishah

    My friend introduced me to this and I am proud to be a part of it. The trading system is very transparent and withdrawal doesn’t come with much stress at all. If a novice like me can actually come this far with this, then I don’t think anyone should miss this opportunity. It’s like the most profitable trading platform.

  • Ella Oscar

    Nice article here. I’m more enlightened about the whole 70 trades thingy now. At least now I can actually make a decision now.

  • Lesedi

    True, trading has no laid down rules because the market is not stable and so any rule made would not really be favorable. But this is a good art and would surely be helpful to the newbies in the field.

  • Aqeeb

    I don’t know why I still feel skeptical about this. Please, I need someone to convince me that I am not going to lose my money to this. Plus, I want to know their plans and how flexible they are?

  • Adelia

    These comments and testimonies really look amazing and promising. I will need to give this a try too and hope I don’t regret it too.

  • Amanda

    70Trades recipe preaches the practice of money management and actually stops loss placement among traders. They allow trading with demo accounts for newbies to allow them better understand the system and avoid losing money when they begin trading…

  • Alia Adib

    70trades trading platform does offer a wide variety of trading assets and financial trading products which allows traders to spread their portfolio, as well as the risks, on the sideways. Trading with them is almost risk free I must say.

  • Taofik Ali

    Hmm
    Actually 70trades looks Okay- at least for newbies in the game. But I think can be much more better here, especially improving on their plans.

  • Diyana

    I seriously need more convincing proofs before I delve into this. I have lost my money to lots of platforms that were even more promising than this.

  • Ethan Izham

    You actually have nothing to fear, guys.
    The platform has just made trading super-easy. Plus they deliver all their promises to the last drop.
    Go for it; you are safe.

  • Thato

    Honestly, I love their financial trading products available especially forex. The predictions are always spot on and it’s even more interesting because the platform offers all the help you may need while trading.

  • Philberta

    Their trading platform does offer a wide variety of trading assets. It helps traders by allowing them to spread their portfolio, as well as the risks, on the sideways. This is a very good approach and has helped a lot of traders. I give them a 5 star rating and would keep sharing to friends.

  • Anis Kim

    70Trades recipe further preaches the practice of money management and tries to stop loss placement among traders. I agree that I have lost quite a sum on trading but after joining 70 trades, it’s been better and even though 8 still record losses, it’s just little and I always get back profits to cover up.

  • Adam

    How true is all this things? Because even with a demo account, I am still not convinced enough that it won’t swallow newbies money

    • Amsyar

      One totally splendid thing about 70 trades India is that their plans are tailored for beginners, advanced traders, and professional traders. It doesn’t matter which you are, just be rest assured that your trading needs would be well taken care of. It’s as easy as you can imagine and you’ll start trading like a pro in no time.

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