Tuesday, August 18

Trading Is Harder Than You Think: Complexity Of Trading

On the first glance, trading doesn’t seem to be that hard: you can either buy or sell, that’s it. At the same time, the potential profits a trader can make are limitless, especially when leverage is added to the equation. If you combine these two factors, they make the ideal couple for smart marketers and dodgy trading advertisers.
Many people become interested in trading because it seems pretty straight forward and if you only have to choose between your buy and sell button, it can’t be that hard, right?! But once you start to understand the whole concept of trading, you will notice that on any given day, you will have to answer a variety of complex answers and make decisions that will determine whether your trading strategy will win or lose money.
The First Decisions About Your Trading Strategy
Before you even take your first trade, you have answer a lot of questions that can be overwhelming to people who are new to trading. However, all aspects and concepts are interwoven and leaving out only one will tear a hole in your otherwise perfectly crafted trading strategy.

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