Saturday, August 24

What to do before you want to start trading

Trading  is one of the most exciting and money making profession.As a new trader and hearing the success stories of few people making million in short time  it is tempting to jump in as early as possible head first and seek out those high profits for minimal work.However, the truth is trading has also made more number of people bankrupt and many traders are have quit trading during the course of time.Therefore, rather than jump in head first as your instincts drive you to the fast gains, you should dip a foot first then gradually immerse yourself.There are a few things you really MUST do before you get into Forex/Stocks/ commodity trading in order to ensure your long term profitability.
1. Education
In the  market, you cannot rely on luck like when gambling at a casino. You need to deal in facts and market forces as they occur.Therefore, you need to acquire an education about how  market works.
You need to know how to generate..

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