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Trading Basics for a good profit?
10 Answers
<p>Well, the only way to make money (or lose it) is to actually buy something and sell it. Day trading or delivery trading or something else. Do whatever you are comfortable with. You need to take risk. You need to be prepared to lose, though your intention is to gain.</p>
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<p>Read as much as you can and try to learn the concepts by understanding them. Make yourself familiar with the techniques used.</p>
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<p><br>Every investor wants to make money in trading, irrespective of the level of experience. It is easy to fall for the temptation, but one needs to have a good strategy in place to be able to protect one’s money and make handsome returns. It’s very simple to invest in trading, but not easy. It requires passion, patience, and discipline. Plus, one needs to have a sound understanding of the market and the forces at work and a bit of research capability.</p>
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<p><br>It is always better to invest systematically and with patience in the right funds. As the market is always volatile, an investor should be ready to absorb calculated risk and decide a necessary course of action like hedging.</p>
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<p id="isPasted">Beginners should focus on one to two stocks at a time. With just a few stocks, tracking and finding opportunities is easier. Recent years have seen an increase in fractional share trading. By doing so, you can invest smaller amounts of money. </p><p>When it comes to penny stocks, you might be looking for deals and low prices. Stocks in these categories are often illiquid, making it difficult to hit the jackpot with them. It is not necessary for profitable strategies to succeed every time. It is common for successful traders to only make profits on 50% to 60% of their …</p>
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