What trading as a business can bring you.

Trader, translated from English, means a merchant.

Just like in any business, in trading, you can be very successful and enjoy the benefits of the business. On the other hand, you can also be very dissatisfied with your decisions and mistakes, which are directly related to your income, expenses, and capital. Every investment, regardless of its size, must be returned in trading for your investment to be profitable, especially in the long run. Trading is a highly risky business, and there is no trader who is 100% right.

While there are some traders who consistently achieve a growing trend in their investments, the majority of traders invest their money based on delayed or inaccurate information or due to a lack of knowledge, putting their capital at risk. A professional trader bases their trading on solid decisions and arguments, regardless of the amount of capital invested in the market. They either thrive or fail based on their profitability. One advantage of trading is that you are free and independent, able to work anywhere in the world, manage your own time, and are removed from the routine of answering to others for your actions. Another significant advantage of trading is the ability to operate almost 24 hours a day. When one market closes, another one opens, and so on.

Exchanges hold great power as a significant amount of capital circulates rapidly within them. Therefore, it is crucial to exercise strong self-control over your decisions and enter each trade thoughtfully.

Like any trader, a trader earns profits through buying and selling their chosen financial instruments. Just as a trader at a farmers’ market trades in fruits and vegetables, a trader deals with stocks, currencies, bonds, and so on. Fundamentally, it is the same, with nuances being the only difference.

The advent of the internet has opened up countless opportunities to become a trader and trade for your own account. Online, there are numerous tools, websites, and brokers enticing you to invest, and it is up to you to decide whom to entrust your funds to and which path or instrument to choose.

Similar to any business, trading incurs costs such as tools, education, fees, commissions, market data, trading equipment, and so on.

In any case, the goal is to achieve what you desire with minimal costs and in the shortest possible time. You must be prepared for significant losses as well as substantial gains. It is essential to select an instrument that suits you, maintain a business plan, keep track of your losses and gains through a journal, have a well-developed strategy for entering and exiting positions, and most importantly, follow the trend rather than going against it.