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Trading stocks is an effective way to make extra income, but you have to learn the rules of the game first. With the right guidance and instruction, choosing the best investments can ensure that you make the most money back on your stock market investments throughout a lifetime. There are three major types of traders: day, swing, and position. Day traders only hold their shares during the day – never overnight. Swing traders hold their stock from days to weeks, attempting to take advantage of short-to-medium term fluctuations in price. Finally, position traders hold their stock for months to years, making money off of dividends and the long-term increase in the company’s intrinsic value. Once you have decided on the type of trader you want to become, Udemy courses can help you learn skills like candlestick trading, technical analysis, portfolio optimization, and risk management to maximize your return on investment.

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7 Success Mantra for Stock Market