What is interesting in financial markets and what they can give to me?
From birth, a person falls under the influence of many stereotypes.
Our environment is working hard on us, from birth to school in different places, then at work and outside of it.
They often try to sell a lot of incorrect ideas about life to us.
Therefore, most people eventually form a multi-dimensional “matrix” of stereotypes, patterns, and various prohibitions.
Studying in the universities, we diligently acquire knowledge that we think we need and that will ensure our bright future.
And we hope that we will be able to sell at high price our abilities, time, and actually a huge part of life to the employer, while often receiving a pittance.
Perhaps from the point of view of society it is right and moral.
To live “like everybody else”. But life presents its own adjustments and experience shows us that we are very vulnerable and dependent on the mass of the circumstances and on the certain individuals and their attitude to us.
It is often very hard to find a job, both in compliance with your background and bringing regular and sufficient income.
But having found such a job, you can easily lose it in the circumstances which are out of your control.
The whole life of most people often looks like endless running around in circles.
And many people who found themselves in such situations and think about such problems may find at least a few decisions to significantly change their lives for the better.
One solution is professional job in the financial markets.
And the most important advantage in this activity and the prize for the rejection of the patterns and stereotypes is a previously unattainable level of freedom and earnings with the ability to spend your time and energy at your own discretion.
What’s the difference of Stocks and Forex trading?
Do you know the differences between Stock Trading and Forex Trading and its Types?
Trading is altogether an exciting and challenging business for the people who are interested in this field and who try hard to earn large amount of money with little investment.
Forex Trading can be done in three different styles.
1. Day Trading
This is the professional form of trading in which the trader is committed to this as his only profession and work hard towards obtaining success more than a normal office employee.
Traders are glued to their computer screens whether they indulge in stock trading or forex trading.
Both type of trading is more or less similar in their basic structure.
The time pressure, multi-tasking, constant research and updation including the mind set – everything is similar. However, they have differences too.
Forex trading is more based on trending markets.
If the trader makes a wrong bet, then the loss will be much higher in forex trading.
Similarly, when he is in the right path, the profit he gains is also very much higher than the Stock Trading Forex Day.
2. Swing Trading
Traders mix both the long and short duration in this type of trading.
With a long-term plan and frame, the trader at times will hold positions for a short duration such as few hours or days or a week.
3. Position Trading
Position Trading Forex is meant for the long-term traders.
Traders who do not bother about the short term fluctuations and who operate with a long-term plan completely based on the fundamental concepts and opportunities are comfortable with this position trading style.