#TradingTypes101
What is trading 101?
Trading 101 gives you access to reviews of brokers so you can pick the one that's right for you and begin trading with confidence. Apart from our Independent Broker Reviews, users can also browse through individual comments and reviews left by other users to decide what Broker to start trading with!
Why do 90% of traders lose?
The emotional aspect of trading often leads to irrational decisions like panic selling. When the market moves unfavourably, many traders, especially those who are inexperienced, tend to panic and exit their positions hastily. This panic selling often occurs at the worst possible time, leading to significant losses.
Is trading haram in Islam?
In Islam, trading is not inherently haram . It's a permissible and even encouraged activity when conducted according to Islamic principles. However, certain types of trading practices are considered haram, primarily those involving interest (riba), excessive uncertainty (gharar), or gambling (maysir).