Trading in the stock market can be a lucrative career, but many people don’t know how to do it correctly. If you choose the wrong stocks or do not have enough knowledge about the market, you could end up losing tons of money. Koko Petkov is an investment expert who helps his students learn how to trade and generate income via the stock market. Here are excerpts from an exclusive interview with him.
Tell us about your company, Koko Trading.
A. Koko Trading offers coaching and training services for people who are interested in the stock market. Choosing the right stocks can be challenging, and we try to make it easier through our online courses. People can benefit from our courses no matter where they are in the world because investing is for everyone.
What is day trading and why is it a good investment?
A. 95% of traders put their money in the stock market and hold their positions for a considerable time, especially in retirement accounts. Day trading or short-term trading, on the other hand, looks to make profits quickly by paying attention to smaller increases in price. You can make a lot of money this way as long as you know what you’re doing.
What are the top lessons you’ve learned through your journey?
A. When I started trading, I lost a ton of capital. I was even homeless for a while and lost my car dealership. I learned that trading is an art, and if you aren’t savvy about market trends and cannot predict where stocks are going to go, you can incur massive losses. I had to take the time to immerse myself in the field and learn as much as I could before I started Koko Trading and passed my strategy onto others. While stock market trading always involves some risk, you can greatly reduce it by paying attention and educating yourself before you jump in.
What advice would you give aspiring investors?
A. Most experts will tell you the best way to make money in the stock market is to hold your stocks for a long time or invest in mutual funds. This is sound advice if you’re looking to make money in the long term. However, you won’t get rich this way. If you have the money to invest in day trading, it can really change your life.
Koko Petkov is an expert trader, and he wants to share his knowledge as widely as possible. If you can learn his tricks and tips and implement them correctly, you can build an empire in no time.
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