Trading Is A Business

Trading is a Business

Why do we trade? Because we want to make money!

Trading is a Business. It is an Industry.

Old maxim teaches us: "There are so many ways to skin a cat." In trading, as an Industry, there are so many ways to make money.

Gaining profits from your trade is just among the popular ways of making money from trading.

If you have entrepreneurial skills, there are other ways to make money in trading. Among them are as follow:

1.) Knowledge Industry - more than 95% of traders are hungry for information. Demand for knowledge is very high. Every trader seeks for maket information anywhere because the financial market is an environment of absurdity.

How do you make money from this Knowledge Industry?

To name a few, here are some of the most popular ways:

a.) writing a trading book
b.) market analysis subscriptions
c.) conducting lectures, seminars, events, conferences, summit, etc.
d.) news wires

2.) Mechanical Trading Programs - computerized trading is perceived to be more effecient than manual trading. It eliminates the factor of human emotions which are detrimental to trading success. It follows specific algorithms to trigger market engagements.

Examples are as follow:

a.) Expert Adviser (EA)
b.) Charting tools and softwares
c.) Proprietary indicators &/or oscillators
d.) Apps for trading signals

3.) Mentoring Programs - every trader varies in each degree of learnings. Some can learn on their own; while others need extensive coachings and mentorings.

Examples are as follow:

a.) webinars
b.) personal coachings (1-on-1)
c.) trading schools
d.) group meet-ups

4.) Brokering - many sales people working from brokerage firms are making more money than their traders. Their commissions from every trade are as constant as the price movements.

Examples are as follow:

a.) Introducing Brokers (IB)
b.) Institutional Brokerage
c.) Banks

These are just among the other ways of making money from trading. They are called "by-products" of trading.

Traders bashing entrepreneurs who are making money from the "by-products" of trading may just be envious because there are some people who are smarter than them.

If you want to make money and more money in trading, try to get out from your comfort zones and explore your world of trading!

TOP 10 List why TRAdING is the Ultimate "Second Source of Income" ( a Warren Buffet phrase)
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1) You are 100% mobile and can trade and make money from anywhere be it in White Beach in Boracay or El Nido, or while imbibing warm coffee from Tagaytay

2) You don't need to deal with pesky employees who get sick all the time and ask for advances

3) You need not have to chase sales quotas and silly budgets made up by your silly bosses, past due receivables or delayed suppliers

4) You don't need an office nor a secretary but come across as knowledgeable about oil drillings, taipans, convergence, fintechs, sunrise industries, corporate takeovers, IPOs and backdoor listings

5) You can still trade and chat with your trading buddies until 70 years old, unlike most 70 year olds who run out of things to say,or just talk of the past.

6) You can do something productive with FB such as go follow this #COolGroup vs follow #whatyourfriendeats last night.

7) You get smarter, wiser and most of all "CLOSER" to real money without stealing a mattress from your roommate back in Boulder.

8) You can make millions petots without renting some overpriced space in the Makati CBD, or some cheap place but way in the bundoks.

9) You sharpen your "emotional quotient" (EQ) such as patience, powers of observation, controlling fear or greed or panic!, knowledge of business and industries and instincts for smelling opportunities there, learning to cut loss in trade and in life (or maybe cut loss them clueless friends.. lols! )

10) You can actually play video games while trading, something you cannot do in other jobs 😝👍.. The ultimate FrEEDOM !! haha!