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Basic Trading Concepts

Tutorial

If you decide to become a trader,

it's difficult to just jump into a market and be one. Before you can

even move into the nuts and bolts of trading, there are some basic

concepts you need to understand – the idea of trading itself, your

perception of trading, your resources, the use of money, the role

you play in the trading process and a number of other items that

deal mainly with the trader and not the trading.

The trading issues – trading

instruments available, how markets work and other trading basics –

are covered in the next tutorial. You may think you can just breeze

through these first two tutorials, but they are the foundation of

your trading education.

Knowing What You Don't Know

That

headline may sound like a strange way to start a tutorial, but when

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