moonchild
VIP Contributor
Trading business is an ancient business that will take a very long time before it gets out of vogue, even though there are a lot of new innovation spanning out of the industry like ecommerce with contact less delivery, trading business in it's barest minimum is the act of buying and selling of assets or commodities in small or large quantities.
If we look around in our immediate community we will see a lot of provision stores that are involved in trading, it is very simple, all you have to do is spot something that people need and provide a solution for it, you can achieve this by buying from a cheaper place and then reselling it at a higher margin, this is really basic, to make profit in trading, environment plays a very vital role, you can be buying from a cheaper place and sell to high end areas example:
1) Importing cars from overseas and selling it here.
2) Buying items from China and reselling them here with a higher margin.
3) Buying second hand clothes and reselling at a profit.
There are different ways to approach trading, and it can be done with anybody can actually do it if you know how to sell.
If we look around in our immediate community we will see a lot of provision stores that are involved in trading, it is very simple, all you have to do is spot something that people need and provide a solution for it, you can achieve this by buying from a cheaper place and then reselling it at a higher margin, this is really basic, to make profit in trading, environment plays a very vital role, you can be buying from a cheaper place and sell to high end areas example:
1) Importing cars from overseas and selling it here.
2) Buying items from China and reselling them here with a higher margin.
3) Buying second hand clothes and reselling at a profit.
There are different ways to approach trading, and it can be done with anybody can actually do it if you know how to sell.