JAKARTA - We often hear the term investment. Then what about trading terms? For those who don't know, trading is a buying and selling activity in the futures and equity markets.
Recently, especially during the pandemic, many people have entered the world of trading to find additional sources of income, including millennials.
The trend of young millennials entering the trading industry is good news for brokers and trading application providers. However, this also led to the emergence of illegal trading applications that did not get permission from the Commodity Futures Trading Regulatory Agency (BAPPEBTI).
In addition, there is also an application affiliate program that acts in the name of trading but in reality it is not a trading or investment activity but a gamble and this has been proven to be detrimental to traders, especially novice traders.
When deciding to run a trade, a trader should know the basics of trading such as the types of trading instruments, trading strategies, to the factors that can affect profitability.
"To know these basics, it is better for investors and potential traders, both beginners and those who have been in this field for a long time, to start realizing the importance of education related to trading and mentoring from trusted brokers. This is of course to prevent and minimize losses due to the rise of illegal trading applications. ," explained ECFutures trader Marc Stefano in a written statement, quoted Friday, January 28.
In response to this situation, ECFutures as a trusted brokerage company, operated under the regulations of Saint Vincent & The Grenadines, and supported by the 5 best liquidity providers which are currently focusing on developing in the Southeast Asia region.
This is done by ECFutures to provide services for retail and corporate clients in conducting forex, CFD and futures transactions which are directly traded on The Exchange by offering a scholarship program for novice traders in mentorship classes with experienced traders and supported by complete and accessible materials. for free.
"The most interesting thing is that the focus of this program is not only for those who already understand trading knowledge but for anyone, especially young millennials who are still at a blind spot about trading," said Marc.
Through this scholarship program, ECFutures wants to train and make the younger generation become independent traders on the platform that has been provided, this is to help novice traders connect with the global market and avoid the seduction of illegal trading applications.
"I hope that in the future my fellow traders will be able to become individuals who can be proud, never give up and can together maintain the climate and image of the trading world in society," hoped Marc
Given the huge potential for the development of the trading business in Indonesia, of course, it requires industry players who can cooperate well in this regard, such as investors, brokers, and brokerage companies that connect traders in trading in the trading industry.
"During the current COVID-19 pandemic, the trading scholarship program offered by ECFutures is expected to provide fresh air and enthusiasm for investors and novice traders to be able to recognize, master and improve trading knowledge and be able to achieve success in the futures trading field by expected level of profitability," concluded Marc.
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