Trading can simply be refers to the various act of buying and selling of goods, commodity or stock with primary aim is making profit and lost possiblity.
In trading both profit and lost can't occur at the same time, it's one at a time
Trading is not one sided as many may think, we all desire profit in any trade or market we desire to invest into too but little do we think of the possiblity of making lost. Yes lost is a clear and certain possiblity in any trade but it's can be reduced and guilded by basic principles which includes;
1.Know Your Levels
- Be Mindful of Outside Forces
- Trail Your Stop Loss, but Not Too Soon
- Don't Get Greedy
- Always Have a Plan
It is a method I have heard many times. I would give me a lot of money to invest in it, some people it works for others not so much. Always be well informed before doing anything. In any business there is a big possibility of losing, but there is also the possibility of winning, that is the one that really interests us.
Exactly