High-risk trading often scares people off and investors keep distance as much as they can against these types of investments. On the other hand, it should not be – the right brokerage company coupled with a smart strategy can turn this daunting concept into a winning strategy. This article by Traders Union, providing the AMP Global review and analyzing successful trading strategy.
AMP Global review by Traders Union
Founded in 2010, AMP Global is a Chicago-based Forex broker known for its high regulatory standards, operating under the oversight of Cyprus Securities and Exchange Commission (CySEC). The broker has steadily built a presence across three continents namely North America, South America, and Europe, with significant client bases in the United States, Italy, Russia, Mexico, and Colombia.
AMP Global offers moderate leverage (1:100 for Forex) to protect traders, particularly beginner ones, from potentially large losses. It also incentivizes clients through an affiliate referral program, earning them a steady passive income simply by bringing new traders to the platform.
In just over a decade, AMP Global has established itself as a reliable and accessible option for Forex trading, prioritizing safety and client benefit. On the other hand, Traders Union’s AMP Global review highlights that the platform is a moderate to high-risk broker, with a TU Overall Score of 5.14 out of 10.00.
Navigating through market risks
Coming with inherent risks means a wider legroom to achieve profitability. It offers a wide-range of toolkits that allows clients to trade seven (7) classes of Forex assets, exchange futures, and Contract for Differences (CFDs). The availability of multi-asset class trading allows traders to play with the most liquid class at a given moment, increasing chances for higher profitability.
Despite it being considered a moderate to high risk platform, it is worth noting that client funds on AMP Global are in segregated accounts and are therefore separated from brokerage capital. This ensures safety and security of client investments, making sure they are not being used for personal gains. Moreover, the CySEC license and the availability of compensation funds puts traders’ welfare in times of economic shocks and unforeseen situations.
Steve Cohen’s high risk strategy
In addition to scouting for brokers with potential to give out immense returns, a critical aspect of achieving success in high-risk, high-reward trading is to go after the strategies of successful trading personalities in the financial markets.
For instance, according to TU, accomplished investor and owner of New York Mets Steve Cohen attained his current billionaire status by displaying a significant appetite for investing in risky assets. Cohen, now one of the world’s wealthiest individuals with a net worth of $19.8 billion in the 2024 Forbes list, initiated his trading journey with a $1,000 tuition fund while studying at the University of Pennsylvania.
Cohen’s approach places a strong emphasis on acquiring shares in businesses that he believes possess high growth potential. He is renowned for exclusively investing in shares of companies with a history of high volatility, and doing so with high volumes. The billionaire frequently takes substantial and daring positions in his investments, resulting in significant gains when success comes in.
Traders Union experts found that Cohen uses a strategic combination of fundamental and qualitative analysis to effectively manage to mitigate risks while attaining his profit objectives at once.
Steve Cohen’s Advice for Traders
Even a titan like Cohen wasn’t born knowing it all. He honed his skills, and Traders Union shares his gems for aspiring Forex masters:
- Be a chill trader. Despite advocating for high risk investments, Cohen advises against adrenaline-filled trading sessions and highlights patience as the key to success. Stay calm to build sound strategies and take time to understand the mental game of investing.
- Be a master of one. The billionaire is a huge fan of being a master of one subject rather than dabbling into every little information that appears along the way. Deeply research and truly understand a single stock instead of spreading yourself too thin.
- Skip copycats. Developing one’s own strategy is key to Cohen’s trading strategy. Create one that is tailored to the strengths and weaknesses, risk appetite, and profit goals.
- Learn from losses. Everyone has to start somewhere and don’t let setbacks sink you. Analyze mistakes, learn, and rise smarter next time.
- Evolve and adapt. The market moves every second, so should the trading strategy. Continuous learning and adaptation are crucial for long-term success, especially in high-risk trading.
Cohen’s advice can pave the path for any eager trader willing to put in the work. On the other hand, what worked for some may not work for others – trading is always a risk.
CMC Markets: A great alternative to AMP Global
An expert review of AMP Global reveals a company focused on active trading, lacking passive investment options. The conditions, including minimum deposit size and spreads, are geared towards experienced traders. While the broker does not offer services for copying trades or advisor usage, its prompt customer support and CySEC license provide a level of assurance.
An article about AMP Global, drawing on analysis from Traders Union, has been published by Minimalistfocus. Based on the information provided in the article, AMP Global is not always the best option for all types of traders. With this, CMC Markets, a Forex and CFD broker with three decades of experience in the financial market, might be a good alternative.
CMC Markets caters primarily to active traders with its dynamic trading environment and favorable conditions. It is regulated by primary licensing bodies in Europe (United Kingdom’s Financial Conduct Authority (FCA) and Germany’s BaFin), Asia, the Americas, and Australia (Australian Securities and Investment Commission (ASIC), acting as protection for the 10,000+ trading instruments that can be used in its investment floor. The broker has a TU Overall Score of 9.40 out of 10.00, commended for its strong regulatory oversight, wide-variety of trading instruments, and zero deposit and withdrawal fee.
Conclusion
While high-risk trading may seem intimidating, it offers the potential for high returns. Navigating this market requires the assistance of the right broker and a smart strategy. AMP Global, with its moderate leverage and CySEC license, provides a secure platform for active traders with high risk appetite.
Billionaire investor Steve Cohen’s strategy also provides valuable insights on how to thread the risky market. He reminds traders to be calm, specialize in one area, develop their own strategy, learn from losses, and adapt to market changes for higher chances of success.In general, it is worth remembering that regardless of the platform and strategy, trading remains a risky venture and caution is advised at all times.
About the author
The author of this article is Oleg Tkachenko. Oleg’s expertise and insights quickly gained recognition and became an important part of Traders Union’s team of financial experts in 2020.
