Ryan Litchfield – Trading by Candlelight
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What is Trading?
Everybody is familiar with the term “trading”. Most of us have traded in our everyday life, although we may not even know that we have done so. Essentially, everything you buy in a store is trading money for the goods you want.
At tradimo you will learn how to trade the financial markets online – but exactly what is online trading? This article will give you an understanding of how trading can be defined and how online trading works.
Japanese candlestick charts light up the signs in the market. Use this distance learning course to learn how to discover when the market will move. Learn how candlesticks can be powerful trading tools lighting the way to profits…
In this 4-DVD series, you will learn how to:
Recognize the frequency and accuracy of the patterns
Define long days, short days, inside days and outside days
Measure and understand the sentiment
Discover short-term behavior that may indicate a reversal
Learn the specific rules that accompany each pattern
The principles of trading
When we talk about trading in the financial markets, it is the same principle. Think about someone who trades shares. What they are actually doing is buying shares (or a small part) of a company. If the value of those shares increases, then they make money by selling them again at a higher price. This is trading. You buy something for one price and sell it again for another — hopefully at a higher price, thus making a profit and vice versa.
The term “trading” simply means “exchanging one item for another”. We usually understand this to be the exchanging of goods for money or in other words, simply buying something.