Whether you’re a experienced stock trader looking to expand your horizons, or a brand newbie trying to git gud for the first time, knowing how to trade successfully is something every broker should offer. With so many markets vying for investors’ money, it can be difficult to keep up with all of the news and regulations surrounding virtual trading platforms.
Thankfully, that doesn’t have to be the case! This guide by Paul Zogala, a Trader at Murchinson, will answer all of the frequently asked questions about trading and market trends that you might have as a beginner.
It doesn’t matter if you’re a seasoned trader or an amateur who needs help mastering the ins and outs of this sometimes complicated industry.
All you need is knowledge – and you’ve got plenty of it in this guide we have created with the information obtained by Paul Zogala.
Who is Paul Zogala?
Before we go into details, we think that it is important to share some information about Paul Zogala.
Born in 1988, Paul Zogala is a Canadian native who works as a Trader at Murchinson, based in Toronto, Ontario. Murchinson's multi-strategic investment approach includes a multi-multitude of strategies.
He received an honors Bachelor of Arts in Economics from McMaster University. Murchinson hired him in 2014 to handle financial matters. He works with equity, convertible securities, debt instruments, and warrants to seize every avenue of capital.
Paul uses fundamental and technical analysis to structure and monitor portfolio holdings. In addition, he watches the portfolio and ensures that it is operating efficiently.
How to profit from market fluctuations
When the stock market starts to move in one direction, it can be very difficult to determine how to profit from it. Fortunately, financial experts have developed a number of tools and indicators that can help you identify risk in different markets and can also be used to determine when to buy and sell specific assets.
According to professional trader, Paul Zogala, you can use a variety of different methods to try and profit from market fluctuations, but the most profitable of them all, also used by Paul Zogala, is to let market trends determine your trading strategy. This is what many call a “market-beating” trading strategy. This strategy will try to buy when the price is rising and sell when the price is falling.
What you want to avoid, however, is buying when the price is bottoming out because that is the time to cash out while you still have the money left in your account! If you’re interested in this strategy, make sure you do your research on the different market tops and bottoms and find a strategy that works with your particular investment strategy. Look for ways to take advantage of big market movements by using technical analysis to strategize your trades. If you’re not using technical analysis, then there are a number of other strategies that can help you profit from market fluctuations. Some of these strategies are discussed by Paul Zogala in this guide.
Know the market and its cycles
With so many financial markets to choose from, it’s important to know what to watch out for when trading. This will help you eliminate some of the noise from your trades and focus your efforts on the problematic markets. You can use a number of different indicators to get an idea of what is going on in the market, as well as help you decide when to buy and sell. Paul Zogala shares that one good indicator to look out for is price momentum. This is when prices are rising and you want to buy on dips so you can take advantage of the momentum as it is building in your favor. This is a very popular trading strategy that can work in all market conditions. It is often used by investors who are looking for long-term investments and who don’t like to jump into extreme ground levels.
Conclusion
Virtual trading platforms are becoming more and more popular among investors, both beginner and advanced. It can be difficult to know what to buy and sell in these markets. With this guide by Paul Zogala, you’ll be able to make better trading decisions and profit from these markets.