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The Newbie Market Traders Guide to Investing in Stocks
- Narrated by: Dyon Smith
- Length: 1 hr and 40 mins
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The Newbie Market Traders Guide to Investing in Stocks
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Summary
You want to get into stock trading and don’t have a plan. This guide is a quick and dirty lesson on how to develop a plan. A good trading plan ensures you have a strategy and set of rules to follow. But far more importantly, it says that in working out if you are carrying on a business as a share or derivatives trader, there are many factors. One of these factors is a trading plan that shows you have a set of rules, follows a system, and doesn’t speculate or gamble. This is a crucial aspect of carrying on a business, and ensuring you can claim your expenses as a tax deduction.