Conquering the Trading Market for Beginners: 5 Daily Habits PLUS Strategies and Techniques to Improve Your Stock Trading and Investing Skills by Adelfa Cristobal

Chapter 1:
Dive Into the Stock Market
Do you remember, some time ago, when the only people who dealt with the
stock market were professionals? These people were restricted to stock
exchange houses or brokers that understood the market. With the advent of
the internet and people’s growing knowledge, this has changed. Here,
knowledge and study are the essential keys, combined with patience and
enthusiasm. Online learning has enabled non-professionals to participate in
the market and make their profits. This is so true that some people even go
to the extreme of leaving their office jobs to dedicate themselves only to
trading. These people are known as traders.
A trader is an individual who is dedicated to buying and selling financial
instruments in the market. They can, for instance, purchase shares of stock
at $2 each and then sell them at $5 each, netting a $3 profit. Market
research, strategy formulation, trade recording and evaluation, and
networking with peers are some potential tasks that may come up in this
line of work. According to Elearn Markets (2020), working as a full-time
trader has some benefits over the regular desk job, and some of them
include managing your own time and enabling a better life balance,
working for yourself, continuous learning, and controlling your earnings
and losses. Let’s explore some of these better.

The Key Benefits of Trading Stocks Compared to
a Regular Job
Flexibility
The ability to control your own agenda is arguably the most alluring
possibility of being a trader. A 9-to-5 job is a classic example of a manner
of working that is now considered archaic, with its rigid schedule and
monotonous duties. As a trader, you can pace yourself according to your
needs, especially concerning stock market education and trading, as well as
adjust your schedule to fit your needs. In contrast to traditional
employment, self-employment allows you to set your weekly hours
according to your schedule, targets, and availability. This might make it
easier for you to carry out other responsibilities and tasks that you might
need to.
Work for Yourself

Conquering the Trading Market for Beginners: 5 Daily Habits PLUS Strategies and Techniques to Improve Your Stock Trading and Investing Skills by Adelfa Cristobal