Essentials Before Start Trading | 5 Simple Fundamentals

Trading is the most profitable business you can invest on. One trade in few hours can multiply your investment by 100 times. How to start in this money multiplier business?

There are few things you need to check before making money. here is an introduction…

Broker

A broker is an individual or firm that acts as an intermediary between an investor and a securities exchange. Because securities exchanges only accept orders from individuals or firms who are members of that exchange, individual traders and investors need the services of exchange members.

Brokers provide that service and are compensated in various ways, either through commissions, fees, or through being paid by the exchange itself.

So you need a broker account to entering a trade. Here are our recommendations

Trading Take Profit

A take-profit order is a standing order put in place by traders to maximize their profits. It specifies a certain price above the purchase price, which is chosen by the trader. If the price of a security reaches that limit, it will automatically trigger a sale and take your profit out of market.

Trading Stop Loss

A stop-loss order is an order placed with a broker to buy or sell a specific stock once the stock reaches a certain price. A stop-loss is designed to limit an investor’s loss on a security position.

Trading Lot Size

A lot is the number of units of a financial instrument that is traded on an exchange. Simply it’s the amount you want to invest on specific market.

Trading is as simple as hit Buy/Sell Button but when to enter a trade is tricky. That’s why we developed an artificial intelligent to identify best time to enter a trade and how to exit. Sachiels AI is the angel of wealth that will send you Trading signals.