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We can create good careers for people in these skilled trades, but we just haven’t been able to attract them or keep them in jobs where they grow over time. Lucia Rahilly: Let’s just get a little bit deeper into the supply-and-demand ratio. Is demand static? Is...
Getting into a trade is given a great deal of weight by non-professional traders but there are equally important skills needed in risk management and good exits. It is OK to get into a bad trade as long as you manage it well. As a starting or intermediate trader it will be your skill...
seeing how they affect your bottom line. If you can't handle the volatility, you need to create a new strategy – or consider hiring an advisor. Working with one, even temporarily, is a way to get a crash education in investing. The key is to gain the knowledge to be able to make ...
To get in the right mindset to be a great trader, you need torecognize the role of emotionand psychology and actively take steps to mitigate those effects. Have a disciplined routine and objective trading strategy. Document your trades and how they pan out, with pre-determined entry and exit...
The downside is that the profits are highly skewed to just a few players. The majority’s main role is to get eaten and support the livelihood of smart and adaptive traders What makes it scalable? You can use leverage and turn over your capital fast. As a small individual trader, you mo...
The statistics are on your side: the average salary for skilled trades is over $65,000, and 27% of trade school graduates earn more money than degree-earners. Aim Low (in Age) If you see a good amount of interest among local students, consider creating opportunities for them to work ...
In conclusion, advanced trading platforms are powerful tools that can greatly enhance a prop trader’s ability to analyze the market, execute trades, and manage risk. By understanding the basics of proprietary trading, exploring the features of advanced platforms, and developing robust trading strategi...
This results in a need for future generations to step up and take on the leadership roles being left open, and the need is particularly acute in the skilled trades. This creates multiple priorities for companies: keep on recruiting and hiring new talent; hold on to the team you have; and...
But what happens when your new business also requires that you become a skilled and knowledgeable business owner? Are you ready to handle the administrative tasks that often occur behind-the-scenes in order to keep a business running smoothly? Some of these tasks could take you by surprise, si...