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Business & Economy

Thursday, 06 December 2018 09:38

TRADING – THE MARRIAGE OF KNOWLEDGE, INTEREST AND UNDERSTANDING

Written by 
Daniel Kibel, Director and Founder CM Trading

Make 2019 your year to commit 

Never before has trading been so lucrative and so exciting – 2018 has been an incredible year of ups and downs and 2019 promises to be even more interesting, says Daniel Kibel, CEO of top rated online trading company CM Trading

“While trading can be complicated and daunting, it can also be exciting,” says Kibel.  “If you compare trading with a relationship (which can also be complicated and daunting), things can become a lot clearer.  I know it sounds strange but with a relationship and with trading there are three key steps, as I see it:

Step 1: Falling in love. In a relationship you meet someone, get to know them, become familiar with them, their flaws as well as the things that you love about them – one of the most important steps in the relationship – you don’t invest yourself if you don’t understand the information you receive.  It is the same with trading, you need to get to know your market, the shares or the commodities that you are looking at trading in.  If you don’t understand it, don’t invest in it.  Having said that, if you learn more about the market you’re interested in and completely immerse yourself in the ups and downs, your relationship with trading will be a successful one. 

Step 2: Getting engaged.  Once you are happy with the information you have learned, it is important to start to commit, in a relationship, the next step would be getting engaged.  In trading it is being committed to a particular commodity, market or share - it is so much easier to trade in something that you know and are committed to. 

Step 3: Getting married!  You never know what goes on inside a marriage until you are in the midst of it.  Take the plunge!  Once you know what you are doing, where you are going and where you can see yourself in 10, 20, 30 years time, then trading is for you.  Make no mistake that - like a marriage -the markets are volatile, but with high risk there comes high potential profit and trading really is a mix of different entities.  Whether it is the economy, the political situation, corruption, fake news….it could be anything, but taking that first step is the most important and I believe the key to a successful relationship, whether it be online trading or finding your wife or husband! 

“I know that the analogy is unusual but if you think about it, it is quite accurate.  I am so excited about the opportunities and trends I foresee for 2019 – market changes, political changes, social changes all play a part in the trading arena,” concludes Kibel. 

Anyone wanting to start trading can contact CM Trading on www.cmtrading.com or email This email address is being protected from spambots. You need JavaScript enabled to view it..   

About CM TradingAn FSCA-regulated company, CM Trading offers the best trading experience both locally and internationally and is a source of information and a conduit to successful trading on any and all trading platforms including: Forex Trading, CFD Trading, Stocks, Cryptocurrencies, Indices Trading, Commodities Trading and Currency Trading. 

For more information on CM Trading please visit their website https://www.cmtrading.com/, or contact them on +27 10 500 80 26 or via email This email address is being protected from spambots. You need JavaScript enabled to view it. . You can also follow them on Twitter @CMTrading_FX and Facebook @CapitalMarketsTrading.

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