Staale Fossberg Assists People to Learn More About Trading & Investing

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Even though both day trading and investing share the same crucial objective of generating profits from the markets, the way through which this objective is attained are much diverse. Understanding the dissimilarity between the two will allow an individual to focus on the activities that are favorable to the success.

Staale Fossberg specifies some of the major dissimilarities that day trading and investing share

There is a major dissimilarity between trading and investing. Trading, involves more recurrent buying and selling of stocks, with the objective of making profits faster. Investing on the other hand, talks about building wealth slowly over an extensive period of time through the buying and holding of stocks. When investing, the investment is frequently held for a period of time contrary to trading, which is faster and, many a times, numerous times during the day. Staale Fossberg is the CEO of MPT or My Private Trade and he has established this in cooperation with Morten O. Andersen at Simray Holdings LLC. He explains some of the key dissimilarities that day trading and investing share which are listed below:

  • A day trader is usually focused on exiting and entering a position in the same day, while an investor may hold a stock for days.
  • A day trader may be with trades a few times every day, while an investor may only carry out a few trades each month or year. In addition, investors may have only some stock picks for a year, while for a day trader it is quite common to trade hundreds of stock in a year.
  • Day traders have a propensity to look for unstable stocks with high volume. This guarantees that they can enter and exit out of a trade fast. A trader may not be bothered if the company is running on propaganda as a trader pay attention to price action. Investors are usually focused on worthy companies with brilliant futures. On the other hand, a day trader is usually gambling on the price action of a stock and an investor is more alert on the basic company.
  • Most of the day traders pay less attention to the basic company’s profit margins, free cash flow, etc. As a result, traders are usually focused more on technical analysis such as reading charts instead of on fundamental analysis which may include learning a company’s financial and current standing. In contrast investors usually study the overall health of a company. This may include analyzing financial documents, researching management, and reading SEC filings.

These are some of the most common dissimilarities that day trading and investing share.

Staale Fossberg uses his outstanding communication skills and his connection to Simray to create the most dynamic online concept that is My Private Trade (MPT) in Europe. MPT instigates people to make money by being good networkers and salespeople. In addition, Staale has also served as a company director for quite a few firms earlier such as Superdobro LTD, Jungle Norway Limited, and Conecto Invest Limited. He also has several years of experience as a television and radio broadcaster.

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