" The Basics of Trading "
By : Businessdynamixco.com
DATE :
2-JUNE-2024
TRADING 101 :
Earn by buying low, selling high in stocks, currencies, etc.
Trade What?
Stocks (companies), Forex (currencies), Commodities (oil, gold), Crypto (Bitcoin - risky).
Markets Explained:
Stock Exchanges (NYSE) connect buyers & sellers of stocks.
Forex trades currencies 24/7.
Commodity Exchanges trade oil, wheat, etc.
Bids & Asks:
Bid - highest buy price. Ask - lowest sell price. Trades happen when bid meets or beats ask.
Order Types:
Market Orders - buy/sell at best current price. Limit Orders - buy/sell at specific price or better.
Trading Terms:
spread, position, lot size, short, exchange, volatility, buy, sell...etc
Trading Risks:
Prices can change fast (volatility). You might lose money. Borrowing to trade (leverage) increases risk.
Beginner Resources:
Online courses, trading books, financial websites - learn the basics!
Call to Action:
Download our free trading guide! Learn more about Trading [Businessdynamixco].
Trading Journal:
Track trades, analyze your performance, improve your strategy.
Disclaimer :
Trading involves risk. Past performance doesn't guarantee future results. Do your research before investing.