In addition,
Trading traps very short term:
Social networks and online platforms promise generous gains via very short -term trading. However, Some platforms offer to try it without using your own money, with paid access challenges. However, there are many traps. Consequently, Thomas Veillet, ex-trader and founder to invest.ch, warns young people in the show on this.
Proprietary trading, alias pop trading, refers to the management and investment of assets belonging to third parties. Nevertheless, This is what professional traders and traders committed by companies do to manage portfolios. However, Not to be confused with the Prop Trading, intended for the general public. Similarly, On online platforms, this term then designates a fictitious investment game.
Participants, attracted by the promise of real gains, pay fees in order to access challenges. For example. Nevertheless, the management of a virtual portfolio of 10,000 francs costs approximately 100 francs and a virtual prize pool of trading traps very short term 200,000 francs costs around 1000 francs. Moreover, If you fail, you can start the challenges again, paying again.
The very short -term trading platform system – Trading traps very short term
If the aspiring traders. Therefore, traders manage to cross the stages of the challenges, the platforms then promise money gains. The portfolios generally remain virtual. but if they display a profit, it is possible to receive around 80% of the fictitious added value: remuneration provided by the costs collected by these sites during challenges at the previous stages.
As the objective is to generate profits as quickly as possible. users perform operations in the very short term, on difficult financial instruments for the general public. If all the transactions are simulated, the price variations are based on the real market performance.
Many participants. few winners
On these prop trading sites, there are many obstacles to success and the drastic rules: as soon as a wallet exceeds a certain loss or trading traps very short term no longer meets certain criteria, the account is immediately closed. Aspiring traders and tradeuses can then start from the start and pay. Many people also fail checks and challenges from the stages.
However, these specific sites are only a facet of the appeal of a new generation for very short -term trading. Some also open accounts in traditional platforms. quickly hope to make their money grow – real this time – in multiple operations on a daily basis. Many publications on social media have also taken up this trend and promise advice, training, support, purchase and sale signals … but caution is in order.
The Call of the Sirens of Finance
Thomas Veillet is ex-trader and founder to invest.ch. He also works on the YouTube channel of the Swissquote online bank. He explains the attraction of this phenomenon and his dangers in the show on Monday. “With the advent of social networks, everyone trading traps very short term can say everything and anything without any experience or proof. We promise you that if you invest 5000 francs tomorrow. you can become very rich at the end of the week, or that it is enough to take lessons for three months to become a professional trader. These are sirens that attract a lot of people.”
Is it still possible to improvise trader on a daily basis? “On a mass of 100. 000 people, you will always have a few people who will get out of it and manage to do it. But the majority may find themselves in a complicated situation. You have to make a difference between learning to trade in the long term with your own money. this kind of games that require paying to experiment. It is very close to diagrams where we make people pay for a bet. In reflection, but it looks a lot like trading traps very short term a ponzi system, “concludes Thomas Veillet.
Radio subject: Jérôme Zimmermann
Adaptation Web: Myriam Semani
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