Step 1: Understand What Trading Really Is
Trading is the process of buying and selling assets to profit from price changes. These assets can include stocks, currencies (forex), or cryptocurrencies.
There are two main ways traders make money:
Buy low, sell high (long position)
Sell high, buy low (short position)
Unlike investing (which is long-term), trading focuses on shorter timeframes. Some traders hold positions for minutes, others for days.