Simpler Options – Broken Wing Butterfly
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What is Trading?
Everybody is familiar with the term “trading”. Most of us have traded in our everyday life, although we may not even know that we have done so. Essentially, everything you buy in a store is trading money for the goods you want.
At tradimo you will learn how to trade the financial markets online – but exactly what is online trading? This article will give you an understanding of how trading can be defined and how online trading works.
The principles of trading
The term “trading” simply means “exchanging one item for another”. We usually understand this to be the exchanging of goods for money or in other words, simply buying something.
When we talk about trading in the financial markets, it is the same principle. Think about someone who trades shares. What they are actually doing is buying shares (or a small part) of a company. If the value of those shares increases, then they make money by selling them again at a higher price. This is trading. You buy something for one price and sell it again for another — hopefully at a higher price, thus making a profit and vice versa.
In this course you will learn:
The specific time you close the trade to protect you in a bad trade so your returns remain consistent.
How to avoid the most common mistakes people make when trading broken wing butterflies.
How to master the trade set up and manage the life cycle of the trade.
Get plenty of real world trade examples that will make you a better trader.
What stocks work best for MONTHLY income using a broken wing butterfly and how to find the good stocks and avoid the bad stocks.
How to set up a Broken Wing Butterfly so you know how to use it and why it works.
When to put on the trade and when to take off the trade to maximize your profit while minimizing your risk.
Step by step check list of how to put on the trade and take the trade off so you know exactly what to do.
And much more…