There are a lot of questions that pop in the minds of a person who wants to start trading. However, one of the most common questions that people generally ask is one, what are the different things that can be traded. Although people receive answers to this, the answer itself leads people to their next dilemma, which is that among the different trading options are actually popular and lucrative.
This article is written to answer both these questions at one go. Here is a list of the three most profitable and popular trading markets that are available at your disposal today.
- Forex – One of the world’s most popular and the most bankable trading option is the foreign exchange currency, otherwise known as the Forex, in short. The reason for its popularity lies in the total volume of trades that are executed under Forex. Traders can exploit the numerous short-term trade opportunities that are present in each currency pair. Trades here are quick and are associated with unrivaled amounts of liquidity. The biggest advantage of trading in Forex is that it has not got any central market. Thus, it allows traders to execute trades six days a week, 24×7 a day. Hence, Forex is a great start for any kind of trader, especially the beginners of trading and even the aspiring traders who wish to earn a full time living out of trading.
- Stocks – The next most popular trading option is to invest in the physical stocks of big individual companies, futures, ETFs (Exchange Traded Fund) that hold varied stocks but is traded as a single stock and can be either regular or leveraged and other stock options. Trading stocks are quite different to the conventional “buy and hold” trading strategy and it also provides its traders with immense opportunities. Even speculating or betting on stock prices provides an opportunity to earn profits from declining prices as well.
- Cryptocurrencies – Another trading option that has gained widespread popularity in just a span of ten years are cryptocurrencies, of which Bitcoins and Ethereum are the most popular cryptocurrencies. Trading of these currencies can be executed on automatic trading platforms such as the Bitcoin Code software. Cryptocurrencies are commonly referred to as the current financial vehicle. Trading of cryptocurrencies is less complicated and is constantly being updated to provide simplified versions.
Apart from these three trading options, the other popular trade options include binary options, futures, and commodities. Binary options are simple and predictable and it is easy to know the expected returns from a successful trade. Futures include the future price associated with a security or any commodity while commodities consist of anything that can be traded such as oil, petrol, natural gas, gold, food items, metals, and minerals.