Trading's view from a Mexican guy perspective
For many of U.S citizens to do trading is something that most do, the 60% of the people in the U.S. knows what the stock market is, how it works and even if they aren’t professionals they know how to trade stocks, a lot of people knows what a derivate is, an option, forex, and stuff like that, they know what a MACD is, how the price works, tendencies and a lot of things but in Mexico stuff change.
Here in Mexico reality is far of the U.S situation just around 15 /20% of the people invest, and much less known are other products such as derivatives, options, commodities, etc. , for a U.S. enterprise is pretty normal to be in the stock market while in México there are just a few of companies that are listed in the stock market these companies are just the big ones, they are highly marketable and they have huge operations while the start ups aren’t even on the radar to be in the market there are just a few cases of them who are listed.
Here we have a different culture of how the money world works, we don’t use credit, no stocks, just a few know what a derivate is, we don’t contract insurance and a lot of things for Americans are normal. I mean a lot of this thigs is for our circumstances a lot of them, we think on what to eat instead of how to become richer (because a lot of Mexicans don’t have enough income to be…
