business advice: 2nd of 3 articles

Day 1,215, 08:40 Published in USA USA by Pearcey333

This my second of three articles explaining the world of business.
Through out these articles i will explain how you can make money efficiently.
This article will focus on just trading.

Trading

As you know, you can trade currencies on the monetary market in order get a profit but now you can buy and sell products in order to get a profit .

Should I invest a lot of one currency?
NO
why?
It is best to spread your money out around a few currencies to allow for loss and to minimise risk. You mustn't invest in just one currency because the currency trading game is predominately for long term gain. Ensure that you try and get advice from experts of this field before you even consider this route of business because I have not even tried this, because I believe it is high risk.

Should i buy and sell products quickly?
NO
why?
Remember there is tax, if you buy Q3 food for 0.99USD and then sell it for 1.00USD then you will lose 0.01USD per unit because you get 0.98USD due to the perfectly fair 0.02USD tax.

YES
why?
In the US, the supply of goods is increasing so as soon as you can gain a profit then do so because at the same time prices are falling faster than i can remember in my eLife due to the recent Plato changes. However, Plato will probably reverse this in the medium to long term so keeping hold of products could led to bigger profit.

Overall, is this trading worth it?
YES
People have been to known to make fortunes through trading so it is defiantly a route of business to consider. Plus, you can work and own businesses at the same time so loss could be equalled out by other routes, as well as giving you investment money during gain.

NO
It is a bit like poker, experts will make the most money but luck can always favour the brave. Are you brave?




Pearcey333

money has many benefits