Staale Fossberg Explains Which One To Choose- Trading or Investing
The stock market activities can be clearly classified into two separate disciplines such as trading and investing. Individuals who are new to the world of investing have many dilemmas and questions, for instance how to find good companies to invest and the things that should be taken into consideration. Among all these questions, the one thing that one should really take into consideration is whether to select investing or trading as a method for profiting from stock market.
Staale Fossberg gives information on some important facts about trading and investing
Trading and investing are two different methods of profiting from financial market. Even though investing is a way of building wealth by purchasing and holding a portfolio of stocks for an extensive period of time, trading includes frequent selling and buying of stocks, profiting from unexpected changes in the price, mainly impacted by supply and demand factors and general market opinion.
Staale Fossberg, the CEO of My Private Trade also referred to as MPT has founded this in cooperation with Morten O. Andersen at Simray Holdings LLC. He has outstanding communication skills and with his connection to Simray, he has been able to build the most dynamic online concept known as My Private Trade in Europe. He explains that when choosing between trading and investment, one should try to answer the following questions to find out whether trading is the ideal option or investing:
- When choosing between trading and investing one will need to think about the time that they can devote for any of them. If one can spend hours on understanding graphs and charts every day then trading would be the best option for them. If not then one can opt for the investment options.
- When it comes to making research in trading, the amount of research that is involved is much extensive than investments. A lot of hard work is included in understanding the company growth, financial statements, future financial projections and also history. Those who can do all these without any hesitation can certainly choose trading. Or else, investing perhaps is the best option available.
- It is important to consider the size of an investor and their goals. For instance, a small investor would be better suitable for long term investments while a large investor should opt for short term trading in order to make profit.
This is why Staale says that investing and trading are mutually dependent in which without the existence of investors, traders there will be no liquidity to sell and buy stock and devoid of investors, traders will have no source from which to sell and buy. Therefore, it is complicated to settle on which one is better.
Besides having knowledge about trading, investment and finance, Staale Fossberg has expertise in radio and TV broadcasting as well. Before working with My Private Trade also referred to as MPT, he has also worked with some of the other well-known companies such as Superdobro LTD, Jungle Norway Limited, and Conecto Invest Limited.