economy and politics

Success in trading: this is the secret of those who dedicate themselves to this profession

Investment and investments

Although a few years ago it was seen as an activity that few could carry out due to the complexity of its operating systems; As the years go by, trading is receiving more and more people interested in moving into the stock world, not only because of the freedoms and time autonomy it offers, but for the economic returns received by those who do things well.

However, changes in the needs and characteristics of the market constantly translate into challenges to be overcome, for which we must be prepared, both in terms of knowledge, skills and abilities on the part of ‘traders’, professionals who are experts in this scenario.

More news: Possible non-compliance with Fiscal Rule complicates Colombia’s rating

Diego Galvis, founder of Trading College, maintains that the current financial landscape, both in Colombia and in the world, offers unprecedented opportunities and This has led to trading being seen as a viable tool to improve your quality of life.

“This is an activity where we sell and buy financial instruments such as stocks, currencies, futures, stock indices, ETFs or cryptocurrencies among others. This with the main objective of generating returns in the exchange,” Galvis explained.

Investment and investments.

Courtesy.

A secret to success

One of the first things to keep in mind for those who want to enter this worldis that knowing how to invest is a skill that is developed and that every person should master, understanding their profile, expectations, risk tolerance, among other factors, which will allow them to achieve greater economic well-being.

In this sense, the Founder of Trading College added that although the activity of trading as a profession in Colombia is increasingly accepted along with others such as gamers or influencers, it is still classified as a non-traditional profession due to its novel nature, which has many intricacies that require what for many is the secret to develop.

Other news: Financing law warms up engines, but the beginning of its process is not close

“In other countries like the United States, more than 60% of the population has investments in the stock market, since when we trade we can invest in both national and international markets, full of opportunities and that is where knowledge makes the difference; understand and read charts, understand the impact of global events, risk management and risk management Trading platforms are elements that make the difference for a trader,” says Galvis.

Now, regarding this key factor, this expert assured that it is about training, since trading generates many benefits for those who practice it, but poorly managed it can become a broken pocket or a pressure on the home economy or personal, that leads those who do not take care of themselves to bankruptcy.

stock market

stock market

iStock

“It is an activity where knowledge will always be the pathor, both short and long term. There are now accessible educational approaches, designed so that anyone, regardless of their level of experience, can learn the fundamentals of trading and investing in the stock market. Knowing how to invest is an essential skill,” he said.

The Trading College spokesperson closed by highlighting that with proper training, anyone can access the financial markets and generate additional income or even turn trading into their main activity.

“One of the main mistakes when starting to invest is the lack of training. Trading involves analyzing charts, understanding market movements and managing risks effectively. Lack of these tools can lead to costly mistakes. The technical knowledge It is necessary to make informed and safe decisions in your investments,” he concluded.

Source link