11/03/2021
Hi guys,
In today's report, we are gonna look into the trading basics and how to leverage on the most volatile and recession free market.
Welcome to trading training. Trading is a great opportunity to earn money, however at the same time it has financial risks. You will learn to understand the laws of which the market bears, and to control and even reduce exposure to financial risk.
The main purpose of trading is to make a profit on trading assets. It can be money, stocks, commodities, cryptocurrencies, etc.
You can earn on the purchase and sale of the asset. When a trader buys an asset, they hope that the asset will rise in price and can be sold at a higher price.
When a trader sells an asset, they expect to be able to make money by redeeming the asset at an even lower price. In fact, the trader sells what they do not own.
You can be an oil mogul without having an oil well in trading.
To predict the future market value of assets and make money on it, traders use different strategies.
One of the possible and easier strategies is to work with news. As a rule, it is chosen by beginners. However, advanced traders use technical analysis.
Advanced traders take into account many factors, use indicators, know how to predict trends.
However, even professionals have losing trades. Fear, uncertainty, lack of patience or the desire to earn more bring losses even to experienced traders. Simple rules of risk management help to keep emotions under control.
Assets in the trading world are a commodity. These include money, securities, raw materials, indices and digital currencies. The price of an asset is affected by the volume of trades that are made for the asset. The more often an asset is bought, the higher the price becomes. If the asset starts to sell actively, the price falls. The fluctuation in the value of an asset per unit of time is called the rate of volatility.
The main trader`s goal is not to buy a commodity, but to make a profit due to the difference between the purchase price and sale price. So, you can earn when the value of the asset rises and when it falls.
There are 5 main types of assets: forex, stocks, indices, commodities and crypto currencies.
*SUCCIIFOREX*
*Learn to trade the right side*