What is 'Trading' & 'Investing' ?
“ 'Trading' is a 'science' and a 'trader' is a 'scientist' ”
'Painting' is an 'art' –Painter
'Dancing' is an 'art' –Dancer
' Photography' is an 'art' –Photographer
'Acting' is an 'art' –Actor
'Music' is an 'art' –Musician
‘Magic’ is an ‘art’ –Magician
‘Trading’ is an ‘art’ –Trader
“Trading can not be fully taught, it must be practiced, felt and lived”.
“mastery is the goal’ and to become the master ,its required practice, practice and practice”.
By practicing candlestick pattern, chart pattern we can be master in observing the movement
of the price, so make a habit of seeing as many chart as we can practice.
Trading as Both Art and Science
The Science :
☛ The interpretation of data, timing, market psychology, and risk management bring the “art” into play .
☛ No two traders approach the market exactly the same way, which makes it highly individualistic .
The Art :
☛ The interpretation of data, timing, market psychology, and risk management bring the “art” into play .
☛ No two traders approach the market exactly the same way, which makes it highly individualistic .
What is Investing ?
☛ Investing is the act of allocating money, time, or resources with the expectation of generating a return or profit in the future . This return can come in the form of income, capital appreciation, or other benefits. It involves putting resources into assets, ventures, or instruments with the hope that their value will grow over time.
Why People Trade:
☛ To generate income (short – term or long – term).
☛ To hedge against risks in other investments.
☛ To speculate based on market trends.
