Trading Basics
What is trading? It's probably wise to kick things off with a definition of the topic we'll be discussing. A staple of economics, trading simply refers to the buying and selling of assets. When you buy your groceries at the local shop, that's a trade. When you exchange your old PC for a new game console, that's a trade. We could go on forever here. To cut a long story short, any activity where you give something to someone in return for something else is a trade. This principle really extends to the financial markets. You trade financial assets like stocks, bonds, Forex pairs, options, cryptocurrencies, etc. Don't worry if you don't know what any of those are yet. By the end of this book, you'll be an expert!