Unit 1: The Business of Trading

Speculation in financial markets either through active investing or trading is a business and must be approached with insight, wisdom and professionalism.

An arbitrary and unsystematic approach that is ‘hit or miss’ is little more than gambling. Even if it is sometimes successful it will not provide sustainable returns in the long run. The outcome in the business of speculation does not rely on luck.

In this unit, you’ll learn what’s required to start and build a successful trading business.

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This PDF document will help you to learn and retain information from this Unit.