Trading has become a popular way to grow wealth, offering a potential path to financial independence. But before diving into the fast-paced world of stocks, forex, or cryptocurrencies, it’s essential to grasp the basics and develop a strategy that works for you. This guide will walk you through the fundamentals of trading, key strategies, and tips for success.
What is Trading?
At its core, trading involves buying and selling financial assets such as stocks, bonds, commodities, currencies, or cryptocurrencies. The goal is to profit from price fluctuations in the market. Traders typically focus on short-term market movements, unlike long-term investors who aim to build wealth over years or decades.
