For successful work on financial markets, it is important to collect a set of rules. Most often, traders draft a plan on paper for no steep movements on the market to make them turn away from their goal. What is more, experienced investors advise to make a sort of a checklist with several questions, the answers to which will show if the time is good for opening a position or the trade is better skipped.
Tag: trading basics
Let’s consider the etymology of the word “trading”. “Trading” is derived from English “to trade”. Thus, we may come to the understanding that trading is some kind of activity, which is related to buying or selling something.
The financial market consists of several segments, such as a securities market, a currency market, and so on.