Basics of Trading and Finance (Part 01) : Intro & Preliminary Idea on Trading and Finance

in Tron Fan Club2 years ago

Intro

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Finance and trading are inextricably linked to our lives just as mathematics and management are associated with our lives. So I intend to share with you the details of finance and basics of trading in a continuous tutorial format.

From that idea, today I am sharing with you the first post of the series related to trading and finance. I hope I can write in this series consistently like other series and those who have absolutely no idea about trading can sharpen their basic knowledge through this series of tutorials.

In international trading, we have to trade one currency for another currency. The cryptocurrency world is no different. For our own needs we have to convert from one currency to another currency i.e. buy one currency for another currency. Whenever this shopping question comes up, the question comes up about price. And when it comes to the question of price, it is the question of the buyer and the seller. How many buyers are going to buy a coin at what price or how many sellers are willing to sell a currency at which price is very important.

We do our daily shopping by going to our neighborhood market or we shop from online marketplaces. Actually market does not refer to a place but rather a mechanism where buyers and sellers are willing to exchange a particular product or service at a particular price. Similarly in the cryptocurrency market, there will be a certain number of buyers & sellers and prices at which we want to buy and sell our desired token or currency.

There are many people who want to profit through short-term or long-term trading, which we call arbitrage gain or speculative gain. Again, in the case of many companies, if they need a specific currency in the future, they buy and sell currencies using various methods, including Forward, Future and Swaps. Many do leveraged trading with a certain amount of leverage (i.e. borrowing).

All these things can seem very complicated to a new trader or someone using exchange sites. And that's why I have this tutorial series. Here I will share with you the details of trading very briefly so that you have a basic clear idea about trading. I hope that once the basic concept is made, you can learn any advanced level by watching some tutorials or enrolling in a course. Then you can become a pro level trader.

Today first series here just tried to give some basic idea. In the next episode, I will first introduce you to some terms and then start our main tutorial sequence. Hoping to see the next tutorial I am ending here for today and see you in the next tutorial. Thanks everyone.






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This is a wonderful teaching sir, I applaud your effort on this topic. You have explained the basics of trading and finance in a more clarified way. I look forward to reading the part 2 version of it.

You have done a well and detailed explanation on the basics of trading. I have for long wanting to learn arbitrage trading but have found no luck.
I have also engaged in leverage trading but the risk is very high

You've made a great post and I'm pretty sure a lot of people will benefit largely from it

Trading can be complex but also requires technicality, a newbie will need guide and lot of research to venture into trading.

Looking forward to more of the tutorial information thanks much.

This is a superb topic from you sir, thank you for a well detailed lesson. I await the next post on this topic.

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