When traders were trading on the Nasdaq, they learned the art of day-trading. They traded in increments of 100 units. The average day-trader bought an ounce of silver and sold an ounce of gold within the span of 10 minutes for an annual profit of 15% or more. In comparison, day-traders on the NYSE only buy and sell 100 units of silver every day, in increments of 1000 ounces. When most traders buy and sell on the NYSE, they must wait in a holding area for their silver to sell and a short term to buy.
Day-trading on the Nasdaq is just more of the same. Shorting or long positions on a Nasdaq platform offers traders a faster rate for profits. If the price of silver drops 50 cents, it takes just 10 minutes or less for a trader to sell his or her silver. An investor can buy an ounce of silver at the low (10 cents) and sell it at the high (15 cents), instantly making a profit.
As the world’s second largest exchange and the fastest growing electronic trading platform, the NYSE offers clients an excellent way to buy and sell silver (or any other investment asset) in just a couple of seconds; it also makes a trade safer than day trading.
What do I need to know if I want to use the NYSE platform?
The biggest things a trader has to know before using the NYSE platform are;
Where the silver should be bought and where to sell it.
How often to trade, and what to do if you have a good day or bad day.
What kind of leverage you need when trading the NYSE platform.
When you’re trading at the Nasdaq, you can use leverage (the leverage you require) as needed depending on whether you have a good or not so good day. Lifting your leverage from 30:1 to 60:1 can give you a great edge, or put you at a disadvantage. Leverage is determined by a number of factors, including your own trading skills, the market you’re trading on, and the market in which your trading is taking place.
What about trading at a broker?
If you’re unsure how to trade on a trading platform such as NYSE, or if you choose to trade on the NYSE, you’ll need to research brokers to find out the best one for you before trading in an exchange. Generally, if you plan to trade
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