What is Trading?

     Trading is a very broad term. When I refer to it, I am talking about exchanging one's money/assets for another. One can trade foreign exchange (forex), which would encompass buying and selling foreign currencies, such as the Great British pound, the euro, the Japanese yen, etc... Although this is my focus, the concepts we use to trade forex pairs are the same for indices (S&P 500), futures, commodities (gold), and cryptocurrencies (Bitcoin). 

    Trading can be done from anywhere with a phone or computer and some internet access. One can trade with whatever amount of capital one desires (even a demo account with virtual money on platforms like MT4) and use risk management to slowly compound an account. I am a student at the IM Academy and have been learning how to trade for just over half a year now and have been absolutely loving every moment of it!

Why start trading?

• You want another source of income
• You want to work from home or any other location of your choosing
• You want to participate in the largest financial market in the world (~$7.7 trillion circulate a day in the forex market)