In my quest to seek financial freedom, I started investing in stocks in the local market. Unfortunately, there were not many interesting companies to invest in and there was not much volatility as well.
This led me to the stock market of the United States of America. With more than 2,400 of the world’s best companies, innovators, and problem solvers listed at the New York Stock Exchange and the Nasdaq Stock Market, volatility with the market will never be an issue.
Volatility is a double edge sword. It can be your friend or a foe. But as an investor, we need to embrace it. Investing in an asset that doesn’t move will never make us any money.
Interestingly, the New York Stock Exchange is so developed, it also has the stock option on some of the stocks listed which is another way to get invested in the company you like at a fraction of the cost.
The New York Stock Exchange and the Nasdaq Stock Market are open on Monday through Friday from 9:30 am to 4:00 pm Eastern Daylight Time. Traders looking for another investment vehicle will consider Foreign Exchange Market (Forex) as well.
Recently many are getting interested in Cryptocurrencies which are very similar to Foreign Exchange. Crypto trading is the buying and selling of digital assets known as cryptocurrencies and NFTs (non-fungible tokens). On the hand, Forex trading is exchanging one fiat currency for another in the hope that it will rise in value.
In order to participate in these investment assets, you need to find a broker to execute your ideas, be it to buy or sell. There are so many brokers in the markets and not all are suitable to trade your preferred investment asset.
Starting Online Trading Daily is to get myself educated in various investment assets and the relevant broker to start my trading. This is also to get myself accountable and hopefully, with my sharing, readers like yourself will be benefited!