Studying the evolution of trading over the years is quite fascinating. It evolved from being a not-so-popular financial activity that not everyone had access to and became a highly accessible market where anyone with internet access can trade.
There are many factors that have influenced the growth of trading over the years. Some of them have been positive, and others negative. However, the main reason why trading is evolving so much is that society and economics are evolving as well.
Trading has gone through many different phases. At first, a trading session was usually held in person, with several people bidding on a particular asset and making buy/sell trades on the spot. After that, phone trading allowed more people to make trades for underlying assets from the comfort of their homes, using a phone instead of having to go to auction sites.
Years later, electronic stock markets came along as a modern alternative to traditional trading. It involved trades or financial transactions that were held online or through electronic portals, which made the process much easier for everyone. It wasn’t until 1985 that Trade*Plus started to offer online trading services for brokerage houses.
Since the internet became hugely popular among general consumers in the 90s, online platforms started to develop an interest in bringing the trading format to these online settings. In 1991 E*Trade was created as a “consumer” version of Trade*Plus. The only downside to this new “online” format was that the transaction fees were extremely high, which made the platform not accessible for everyone.
Regardless of the issues with transaction fees, E*Trade quickly became the fastest-growing company in the United States. According to expert data, the average percentage of American traders before 1991 was below 5%; after E*Trade came along, that number sky-rocketed to 20%.
From the turn of the 21st century until today, the trading world has seen exponential growth, offering several new ways to trade, more accessible options for the average consumer, and much more. In the last five to ten years, trading hasn’t seen a lot of big changes, apart from the development of mobile trading.
If you want to get started on trading, there are some things that you need to check first. The thing about this activity is there is more than just one platform or one asset. In fact, there are hundreds of possibilities out there for everyone, so you have to carefully choose the right one for you.
First, you need to get started on the basics; if you jump right into trading without any knowledge, you’re likely to make mistakes on the way. Instead, if you take your time to read general information about how trading works, you’re going to enter your first trading session with a clearer mind.
The internet is a huge source of information for new traders, so make the most of it! Start with the basic concepts of trading, how the market works, and what trading strategies are. Once you get that in check, you can start looking at choosing the right asset for you.
Since the trading experience can work differently for different people, the process of choosing an asset can also depend on the user. Keep in mind that not everyone is looking to trade the same assets; most people make their financial decisions based on their current possibilities and goals.
In essence, you can choose any asset you want. However, you need to make sure that this asset fits some general criteria to see if it’s a good choice to trade it right now. Here is a list of the four main things that you need to keep in mind before choosing an asset to trade:
In short, choose an asset that you’re familiar with, make sure that it has a high liquidity rate, and keep an eye out for its price behavior and economic data that may affect its value over time.
Quantum Ai is a trading platform. Such platforms are a fairly new addition to the trading world, and they’re mostly used to make the trading process more streamlined and comfortable for the user.
Trading tends to get exhausting, especially if you have been doing it for quite some time. If you trade for an excessive amount of time, you can start to feel frustrated, anxious, and overwhelmed. Trading platforms such as Quantum Ai are designed to give you all the information you require so you can learn the ins and outs of trading and become a better trader over time, thus reducing the negative emotions and allowing you to trade more comfortably and with confidence.
To use it, you need to create a trading strategy based on your current knowledge and share your strategy with your broker, who can help you tweak it and suggest the relevant trading possibilities for you. Your broker is there to help you look for trades based on the parameters you’ve given them, and this allows you to have a much more personalized experience tailored to your specific goals.
Currently, the platform can be used by anyone who wants to start trading or already trades but wishes to streamline the whole experience. Quantum Ai wasn’t designed with a specific type of trading in mind, so you’re free to adjust your strategy and try out several assets until you find what works best for you.
It’s important to gain accurate information about each asset in these times since it can be confusing to choose a reliable source of information. With the arrival of modern trading, many scammers have also come along to feed new traders some false information that can have an adverse effect on their trading.
With Quantum Ai, you’re getting everything you need to get started and learn as you go, so you don’t need to worry about having to find a good source of information at first. Once you learn how to use the platform, you’re already going to have the knowledge to tell real information from fake news.
Overall, what Quantum Ai offers can allow you to make better financial decisions by providing you with the information you need and allowing you to consult your broker, so they may send you prompts and suggest trading options for you.
However, the platform’s user-friendly interface goes beyond that. If you want to fully appreciate the power of Quantum Ai, you have to know what you’re getting when you sign up
Compatibility with every device, from your desktop and tablet to your smartphone, so you can trade from anywhere in the world using a stable Wi-Fi
Some people shy away from even signing up for a trading platform because usually there are no guidelines, and it seems so complicated. To avoid this, Quantum Ai offers a three-step sign-up process you can complete in no time. Just read on and follow each step carefully:
Fill out the registration form with your basic contact information; this will facilitate the process of creating your new trading account, and once you’re done, you’ll be sent an e-mail with a verification link. To get started, click on the link, and you’ll be forwarded to your broker’s website.
Once there, log in using the credentials you chose upon registration, and you’ll be redirected to the platform.
This step is considered most vital, as it sets the foundations for your first trading session. Before you do anything, you need to fund your account with the amount of money you feel comfortable trading, and it doesn’t have to be a large sum, the minimum amount is $250.
When you’re finished doing that, make sure to read as much as possible and try out all the features of Quantum Ai. The more you learn and experiment, the more knowledge and confidence you acquire. Also, don’t forget to share your preferences with your broker, so they can tweak your strategy and send you trading options that suit your needs.
Click or tap on the “Trade” button to begin your first trading session. It’s important to note that you can change your parameters at any point by consulting with your broker. It is also recommended to check on the platform at least daily to ensure that everything is going okay
Since there are so many trading platforms on the market right now, users are always advised to clear up as many doubts as possible before they start trading. Some platforms tend to offer generalized information only, so choose your platform wisely.
To allay any misgivings, the team at Quantum Ai compiled a list of frequently asked questions that is continuously updated as more questions arise. If there’s any information that you still need to clear up, keep reading or consult with your broker.
While your broker at Quantum Ai will do the best they can to identify trading opportunities for you, the final decision is always yours to make. You’re in control over the parameters you share with your broker, your set-up process, the funds you upload, and any decision to trade.
The platform was mainly designed to help beginners start trading without being overwhelmed by tons of information they don’t need. However, many professionals have also used the platform, as it saves them time during their hectic daily trading, so it’s a great choice for traders of all skill levels.
No. There are no extra fees whatsoever that you need to pay on the platform. The team wanted this experience to be as accessible and comfortable as possible.
Of course! Not everyone works with the same goals or needs in mind, so it would have been impractical to limit your asset choices. With Quantum Ai, you can choose the number of assets you want to trade at a time. However, it is recommended that you start with only one to prevent any mistakes while you’re learning the ropes.
Developing the required skills to trade is certainly feasible with enough hard work, but if you have some help along the way, it can be much less daunting. In this case, Quantum Ai is the platform that can help you become a better trader over time if you have the patience and the dedication.
You can use the platform in any way you want, and you’re in charge of your trading journey starting today. If you want to sign up , fill out the registration form!