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Showing posts from February, 2022

Some Golden Rules Of Commodity Trading

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  It's not difficult to become a trader, but an easy start doesn't mean an easy profit. Trading is a kind of art. The commodity trading success will depend on many factors, starting from the choice of a broker, the size of the deposit and ending with the mental attitude. Let's explore the top 5 golden rules of commodity trading.  Write Down Your Trading Strategy The vital rule for successful trading has a proper plan. Some say, "Don't fail to plan, or else plan to fail". You should plan things before and have a proper trading plan about how you will approach the markets. No matter what you face, stick to your plan. Maintain discipline, and the results will follow.  Listen To The Charts, Not The News Charts can help investors to find out whether an investment choice has been successful or not. An investor is presented with all the necessary information. For example, if you choose to invest in a certain stock, your return and risk assessment (for example, potent

What Makes A Good Day Trader? 6 Qualities You Should Have

 To run a successful business, you have to work under pressure. Combine an analyst's research with the fearlessness of a trader, and you can certainly feel confident about your future at the job. There are times when it does become necessary to report to someone else, though. However, many businesses find that this isn't always necessary as long as they take care of their responsibilities. If someone were to enjoy analysis and active investing, however, then a job in trading might be an excellent career option. These individuals could eventually earn a healthy salary with ample time to live comfortably and even save up for retirement with the right education. HOW TO BE A GOOD DAY TRADER PERSONAL INDEPENDENCE Some negatives must be factored with the positives for those who want to trade from home as a part-time job. It's very difficult to separate the "work" you do when trading from the other parts of your life, which is why it's suggested that if you decide to

5 Deliberate Things to Do to Improve Your Trading

  Many traders spend hours thinking about spending enough time surrounding the markets, analyzing the charts, reading the books, and understanding the courses to improve their skills. Spending so much time won't necessarily increase your profit potential. If you do the same thing and keep repeating mistakes, investing hours will only ingrain those habits.  To enhance, make repeated and deliberated choices. Here are five things to begin for enhancement of the performance.  Get Help Having someone in your life who is responsible for all your trading is a blessing. Call them trading referee. All the lapses in discipline can occur with anyone, so having someone like this will make minimum lapses and will cost you less for your mistakes.  This person might be your mentor, guide, friend, or family member who has guided you through the plan and kept you updated on the performance.   Another option is a chat room, forum, or meeting surrounding the people you trust the most. You can share t
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Why are there a few successful day traders in a space where everyone is keen to learn day trading online ? Because this is not what an investor has dreamt of. The dream imagination was to sit back and relax & let the profits roll in post-investment, right? While many dreams but only a few achieve.  What is the Job of a Day Trader?  The job of a day trader includes buying and selling securities multiple times during the day, taking no open positions for the next day. They square up all the buy and sell positions during the day before the market closes. They differ from active traders who hold up a position for many days or take up investments from investors who invest for a longer time. Day traders hold to boost their intraday trade exposure.  Here’s a 5 step guide to learn day trading online and become a day trader 1. Run a Self-Assessment Test It would help if you had a mix of knowledge, expertise, mannerism, and dedication to that lifestyle. Are you aware of mathematical analysi