The Banc De Binary Financial Analysis team is one of the best in the binary options trading industry.

In this exclusive insider peak: we provide you with a unique, and personal, letter Senior Analyst Raymond Reagan recently received from a valued client. Also, be sure to read Raymond’s re-assuring response.

 

Dear Raymond,

I’m new to trading, and have spent the past six months getting a hold of trading commodities. After experiencing significant returns on Gold, and Oil, I now wish to turn to stocks.

Every morning, I log onto the Bloomberg website’s video section. I love spending at least half an hour, with a cup of coffee in my hand, watching the top stories. There seems to be a lot of buzz recently around Amazon, Apple, and Tesla, and I wondered if you could give me your opinion on these stocks.

Please let me know if they are appropriate for a first-time trader like me. If not, perhaps you have some recommendations of your own…

Hoping to hear from you soon.

Sincerely,

Mr. Stock Market.

Dear Mr. Stock Market,

I am glad to hear that you have been delving deeply into commodities. There is a lot you can learn from trading Gold and Oil, especially about how supply and demand can cause assets to rise and fall.

As for your question: the world of stocks is a fascinating one, and can offer high profits to traders who are truly ready to buckle down and learn. Unfortunately, you couldn’t be more wrong as to the stocks you want to trade.

The stocks you mentioned (Apple, Amazon, and Tesla) are known in Wall Street lingo as “high-flier” stocks. While they are extremely popular, they are also extremely volatile.

If you’re just beginning to trade stocks, I recommend some more conservative choices. The Banc De Binary trading platform has many blue-chip stocks like General Electric, or Johnson & Johnson. Their market cap is based on tangible assets, not just good will.

As a great investor once said: “The successful trader is one who can separate himself from the herd when the time comes, and think for himself at all times.”

Wishing you all the best,

Raymond