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Trading as a business – 3 steps to success
Learn how to create your ultimate trading and investing business plan, including how to plan each trading day and how to evaluate your performance.
Created by Tradimo.
About this course
Many people are interested in trading and investing, mostly to make an ambitious amount of extra income, but there are also those who want more. In this course, we would like to show you what's important if you want to build a business from your trading and investing activities. Of course, keeping these lessons in mind also helps those that only want to trade part-time.
In this course you will learn:
How to create your business plan
How to prepare every day for your trading success
Why evaluation of your trading and investing performance boosts your success
But before we get into the details, let us put it in context.
Why building a trading and investing business matters
It is perfectly OK to start trading for fun and a bit of extra income. At the same time, you will experience more success and joy if you take it seriously from the start.
Why not think about trading and investing as a business? It's YOUR business and you decide what the business does:
how much money to use,
your business processes and ways to make a decision,
and many more things... Isn't it exciting?
The other reason for building a trading and investing business rather than a hobby is longevity. In business, people say that only 1 out of 10 start-ups succeed. In trading and investing the number is even worse. There is a common saying that 90 percent of all traders lose 90% of their money within the first 90 days. Be different, have a plan, have a strategy, analyse and be successful.
To sum it up, the reason why building a business matters is that it will bring you more pleasure - first in the process of thinking about everything and in the long run, because it will be the basis for your success.
We wish you a great start to your future success with this course.
Risk warning: Trading in financial instruments carries a high level of risk to your capital with the possibility of losing more than your initial investment. Trading in financial instruments may not be suitable for all investors, and is only intended for people over 18. Please ensure that you are fully aware of the risks involved and, if necessary, seek independent financial advice. The educational content on Tradimo is presented for educational purposes only and does not constitute financial advice.