You may have heard about trading before in the media, news, television and even movies or perhaps you work in the finance industry or have studied economics. Regardless if you're aware of the concepts or just discovering them, trading is changing and evolving everyday in unisonwith advancing technology. So what's new and how can I benefit now?
Simply put, trading is the process of buying and selling securities over an electronic network, typically with a brokerage firm. This used to all be done with phyiscal paper and paperwork, but since the late 1990s and the advent of the internet many brokers offer these sort of services via a wide variety of online trading platforms, this type of trading and investing has become the norm for individual investors and traders. An online trading platform acts as the hub, allowing investors to purchase and sell such securities as fixed income, equities/stock, options, and mutual funds. There are many different types of trading, each cater to a certain person's financial power, knowledge, and time. If you're not familiar with the types and you want to find out which is best for you, click the link below:
- Must have a proven stream of income
- Must have an entrepreneurial mindset
- You will need to be available 12 hours in a week
- Must value education even if not an academic
- Must have clear future goals and plans
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