Trading the financial markets from home is now affordable for anyone, as the retail industry has witnessed an exponential growth of traders over the past year. The economic hardships that came as a result of the pandemic pushed people towards online income streams and trading is one of them, given the favorable conditions.
More and more people are joining this sphere even in 2021 and because of that, a short but comprehensive guide needs to be provided, so they know some of the crucial things worth considering during the early stages of trade.
Education comes first
A trader must be educated and understand how financial markets work, in order to be able to spot trading opportunities. You need to know what is forex, how monetary policy affects financial assets, how to conduct technical/fundamental analysis, the benefits of risk management, how to analyze the market sentiment, etc.
These are just some of the…