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Trading Basic Concept for Begginer

Chapter 1: Basic Concepts

Savings, Borrowings and Investments.

A long time ago when I was a kid…

On one sunny day that I still have fond memories of, my father came home in the evening with a toy pig. I turned it around and discovered that it had a hole in its back. My dad announced that it was my ‘Piggy Bank’.

He fished out a 10 paise coin from his pocket and instructed me to put it through the hole in the pig’s back. I did it eagerly, expecting the pig to start walking.

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Threats to Online Trading Companies From Fraud and Hackers

There are many threats from hackers and con artists when a company does business online. Here are some of the main types of fraud:

Supplying fake products:

Fraud can occur at the very outset of your business when you try to contact a supplier for the product that you have chosen for your online business. The supplier turns out to be untrustworthy and disappears with your money leaving no trace and no hopes of a business. This type of fraud is similar to anything that can happen in the brick and mortar world of business as well. Remember

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