How To Start A Successful Trading Business

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How to Start A Successful Trading Business

Intro: 0:00
7 Things You Need To Start A Trading Business: 0:19

There are 7 top tools needed to start a successful trading business.

1. You MUST have a good charting software. Charting software is a window into the world of stocks. As a technical trader, I use charts and indicators to set up profitable trades. Charting software with good indicators is essential for your first step in profitable trading.

6. Newsletters! I prefer to read 3 different newsletters to stay informed. The news is terrible for getting non-biased information. For this reason I am recommending the following 3 newsletters:


7. Trading Entity and Taxes. You may or may not need a trading entity. If set up correctly, you may be able to increase your profits by reducing your tax liability.

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tastyworks, Inc. (“tastyworks”) has entered into a Marketing Agreement with Rockwell Trading Services, LLC whereby tastyworks pays compensation to Rockwell Trading Services, LLC to recommend tastyworks’ brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Rockwell Trading Services, LLC by tastyworks and/or any of its affiliated companies. Neither tastyworks nor any of its affiliated companies is responsible for the privacy practices of Rockwell Trading Services, LLC or this website. tastyworks does not warrant the accuracy or content of the products or services offered by Rockwell Trading Services, LLC or this website. Rockwell Trading Services, LLC is independent and is not an affiliate of tastyworks.
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For a successful trade you need a good guide

wilsonannnguyet
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Thank you for yet another wonderful and useful video Marcus! I am very interested in your experience and thoughts on "7. Trading Entity and Taxes". I hope you dedicate a separate video on that topic. Looking forward!

peterdemic
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Thanks for sharing this information, it's very helpful.

mistermark
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I thank you for the perspective. I am reading your book right now. Also clearing as many positions as I can to follow your plan and see if it helps me get a better result than my learning so far.

DanielleBlanchardArts
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Thanks ! the video was really helpful. Could you give more insight about trading taxes and starting a business as a trader.

kurbanhussain
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I I have a stop sell on a stock, do I want to remove that before the split. Will it trigger my stock to sell after the split?

tashastravel
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Hello Marcus!! Thanks for the video!! Wanna learn how to trade stocks and options but in Nigeria. Is the PowerX strategy book for free. Do you have an electronic version? Seems shipping to restricted to the US.

gboyegaorelaja
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Thank you for the information because, I start with project trader Peru Italy, I need study deep for understanding the business. Thank you again dear

richardmora
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Thx for helpful vid. I currently trade options with robinhood (no per contract fees). Can u plz help me with advantages moving to tastyworks in doing my options trading?

jayp.
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I'm digging that picture in picture. I like it.

Balibaliadashi
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howdy; my favorite part was " there's ways to save taxes"

LuizEduardo-mdjd
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Am just starting a coffee and tea trading business, wish me luck. 😎

Maryam-fvzz
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Soo Helpfull GO AHEAD please post more 👍🏻👍🏻👍🏻👍🏻👍🏻♥️💚💚💜💚💜💚😘😘😘😘😘

christoansaljoseph
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mark love u n tq so much kisss thk for everting 💋🔥

kapkungkapmohamad
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This shows how to trade. There is nothing about business on this video.

garrettkensler
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This video is terrible it’s not a business it’s a hobby

NerdLantern