Yikes. Where to start with this question : ))
Every trader has a unique approach to the market, so you’re likely to get a variety of answers to this question.
I can sum it up in a second by saying that it doesn’t matter what you trade, without a mechanical (emotionless) trading strategy, you will not be consistently profitable.
However, let’s break it down a little:
- Stocks and ETFs are often recommended for beginners due to their simplicity (market access), transparency, and availability of resources and tools for analysis. Stocks can also move a lot more than crypto in a day (15%+).
Tip: Avoid penny stocks
- Forex can also be relatively beginner-friendly but requires a good understanding of currency pairs, global economic factors, and risk management (high leverage is a double-edged sword).
Tip: Start with low volatility pairs like EUR/USD
Each asset class has its characteristics, and the ‘easiest’ depends on your familiarity with the market, the tools you use, and your risk tolerance.
Personally, I would avoid day trading crypto until you’re very proficient because crypto exchanges are normally very complicated and there are lots of fees involved.
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