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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.
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.
================================================================================
================================================================================
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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