Are you ready to give stock trading a try? If not, you may want to read on and get yourself enrolled in one of the many free online courses offered on the topic. Or maybe you’ve already tried trading stocks before and didn’t really have success.

In this article, experienced trader Paul Zogala will answer some of your questions and help guide you in the right direction with information on how to get started trading stocks successfully. So what are you waiting for? Let’s get started.

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Who is Paul Zogala?

Before we jump in, we think that it is of huge importance to kno more about who Paul Zogala is.

Paul Zogala, born in 1988, is a Canadian who works as a Trader at Murchinson, an investment company headquartered in Toronto, Ontario. Murchinson, which was founded in 2012, has a multi-strategical investment approach.

Paul Zogala obtained a Bachelor of Arts (Honors) in Economics at McMaster University. Murchinson employed him from 2014 to 2016. Paul utilizes all capital structures to negotiate and organize investments, including equity, convertible securities, debt instruments, and warrants.

To structure and monitor portfolio holdings, Paul utilizes both fundamental and technical analysis. He also manages the portfolio and implements the company’s strategy efficiently. Paul is a Chartered Market Technician and CFA Charter Holder, who oversees the portfolio and performs efficiently.

More information about him you can find on his Youtube channel.

What are the differences between stock trading and stock investing?

There are many differences between stock trading and stock investing. Paul Zogala shares that the most obvious one being that while stocks can be bought and sold like any other security, stocks are not as easily convertible as bonds. However, apart from that, the two are very similar. For example, both buy and sell shares of stock on the same day, same month, and same year. Additionally, when buying stocks, investors are encouraged to use broker-sold shares, while buying stocks through an investment fund is generally done with own shares.

Why trade stocks?

Paul Zogala shares that there are many great benefits to trading stocks, including the ability to make low/no risk/cost gains and increase your financial flexibility. Additionally, trading stocks can provide opportunities to make consistent passive income from little or almost nothing. Some people even make a full-time income from trading stocks, which is definitely something that has happened to us!

Conclusion

The best way to start trading stocks is to find a broker that matches your interest and ability. There are many broker-sold shares available, and you can easily compare rates and offer details online. With so many different broker-sold shares to choose from, it can be hard to know which broker to choose. Once you choose a broker, you’ll need to make sure you use their services regularly, as they’re likely going to be demanding a small fee for each trade. In order to make the most of your trading results, it’s best to become acquainted with the trading process. Paul Zogala, who works as a Trader at Murchinson, an investment company, will be glad to help you with the trading process.

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