For beginners in the trading industry, a lot of things can be confusing and complicated.

There are a number of questions newbie traders may ask themselves: what assets should I choose? what time of the day should I have my trading sessions and how do I maximize my profits?

However, it’s important to become acquainted with the basics and decide if you want to be a trader or an investor.

Yes, it might sound like the same thing but there is actually a significant difference in the strategies of investing versus trading.

So let’s start at the beginning.