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Showing posts from April, 2020

How to start a trading business

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Learning to trade stocks is like other businesses. It demands a lot of dedication as well as time and money. People take months or even years to get a grip over skill that is needed just like to be an engineer or a lawyer if you take an example. I have seen traders looking at trading as a hobby or a side project. but in reality you start thinking of it as a hobby. you will lose money continuously. Also, many traders put money earned from their job and lose , as they don't have any strategies to enter into a trade. Before making any strategies , some skills you need to develop before you actually jump into trading. I have categorized it into five parts, these are , 1.) Psychology : Trading psychology accounts for more than 90% of success , This is because people are generally programmed to do everything in a wrong  way. They have internal biases that seem to lead them to do the exact  opposite of what is required for success. In trading your beliefs , like mark...