Sometimes, the stock market can seem impossibly complicated. With all the derivatives and algorithms and acronyms, Wall Street almost seems like an alien environment sometimes.
However, at the end of the day, every time a trader buys or sells shares of a stock, he or she is essentially just making a simple deal: trading shares of a company for cash or vice versa.
Universal Skill Set
Just because there are no verbal negotiations going on, the stock market is made up of millions of individual deals that happen every day between buyers and sellers. In that sense, the skill set that goes into making someone a strong negotiator and bargainer has a lot of overlap with the skill set that makes for a successful stock trader.
Trading Up
While thousands of MBAs and PhDs were trading the stock market every day from corner offices in Manhattan skyscrapers, a 15-year-old named Steven Ortiz in Glendora, California traded…
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