Bussines on pandemic

 Today, due to COVID-19, the world is facing an unprecedented global health and socioeconomic crisis. As of September 15, 2021, the Government of the Republic of Indonesia has reported 4,178,164 confirmed cases of COVID-19. In this case, a very good solution is needed to help restore the economy in Indonesia without having to do things that risk contracting or transmitting COVID-19. For example, stock investing or stock trading? Which we will discuss in this blog. Trading is one of the businesses that we can do during a pandemic like today, because trading can be done anywhere and anytime. There are several types of trading including forex, cryptocurrencies, stocks and binary options. But this time we will discuss stock trading on the Indonesia/BEI market. To start trading, we can start by creating an RDN account at a securities company, such as Mirae Asset, Indo Premier and Trimegah Securities. After that, you can trade the stocks you want, for example BRIS (Indonesian Islamic bank), TLKM (Telkom), FREN (Smartfren) and other issuers. Before trading, you must do an analysis first, such as technical and fundamental analysis. As a result of this pandemic, many stocks are tempting and cause concern. It's tempting because some stocks are going down in price so now is the time to buy them at a discount. On the other hand, it could look worrying if the stock price held by investors drops again due to the ongoing Covid-19 pandemic. For that as a trader we must pay attention to the following aspects, namely market trends, support and resistance to be able to determine buying and selling prices. And lastly, don't forget to use risk management or cut losses to minimize losses. 

1. Only need a computer/mobile and internet network 

2. There is no need for distribution channels to sell because we can buy and sell shares in the same Securities

 3. Freedom of Time and Freedom of Place For traders always remember the quote from 

 

Jesse Livermore "Successful traders always go with the flow with the lowest resistance - follow the trend - the trend is your friend."

 Without us realizing that the current pandemic is not only having a negative impact on human civilization, especially in the business world, many people have just realized the various advantages of trading business during the pandemic, which are actually more profitable. Many businesses can be run by the community without having to crowd and often leave the house, one of which is the trading business. So many explanations about business that can be done during the pandemic, hopefully we will always be given health by Allah SWT and hopefully this article can be useful.