What is Trading? – A Quick Guide
Trading is the act of buying and selling financial assets like stocks, currencies, commodities, or cryptocurrencies to make a profit. Unlike long-term investing, trading is usually short-term and requires quick decisions.
Types of Trading:
1. Stock Trading – Buying and selling company shares.
2. Forex Trading – Trading currencies like USD, EUR, INR.
3. Commodity Trading – Trading gold, oil, silver, etc.
4. Crypto Trading – Buying and selling digital coins like Bitcoin and Ethereum.
Trading vs. Investing:
• Trading is short-term; investing is long-term.
• Trading is riskier but can bring faster returns.
• Traders use tools like charts and indicators to make decisions.
Trading can be rewarding, but it needs knowledge, discipline, and a good strategy