What is the best way to explain stock trading to your mother?
Stock trading is buying and selling stocks, or shares of ownership in a public company, on a stock exchange. It is one of the most common ways to invest money.
There are two main types of stock trading: buy-and-hold investing and active trading. Buy-and-hold investing involves buying stocks and holding them for an extended period, usually years or even decades. On the other hand, active trading involves buying and selling stocks more frequently, often over just a few days or weeks.
If you're interested in stock trading, you should know a few things before getting started. You can learn more about the topic over here at https://www.home.saxo/en-sg/products/stocks.
What is the stock market?
The stock market is where traders trade stocks. It's basically like an auction, where buyers and...