What is negotiation? Learn how to trade in 2021

Do you know what is negotiating? he knew that the art of negotiation is fundamental for commerce, work and professionals. Without good negotiation you cannot make profitable decisions.

Negotiations also take place in the financial market, this is a form that has become popular over the years through trading. Without a doubt you can trade in 2021 on assets such as: stocks, bitcoin, dollar, cryptocurrencies and currencies. But you can also negotiate individual interests and opportunities.

This is the complete guide to how to negotiate in 2021, we explain everything about the negotiations and their different types. Don't stop reading until you learn everything about how to trade and how to profit.

How to Start Trading in 5 Minutes

  • Step 1: Choose the right broker for short selling
  • Step 2: Open / Register an account (We recommend Avatrade)
  • Step 3: Confirm your identity
  • Step 4: Deposit funds
  • Step 5: Start trading

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What is negotiation?

Negotiation is a process in which 2 parties directly or indirectly combine buying and selling for a fixed price, fixed term and settlement date. The word negotiation means “taking care of business” or interpersonal interests.

What is a negotiation process?

O negotiation process it happens in stages: preparation, exchange of information, bargain and closing.

Na preparation the parties talk, collect necessary information, assess the objectives, leverage and determine the type of negotiation that will take place.

Sometimes, the objectives can be different during the preparation, this generates competitive negotiation right from the start. But, it all depends on the people involved and the initial approach to preparation.

In the opening it is when the 2 parties immediately define the type of negotiation and introduce themselves. Negotiators try to argue about the benefits of the deal and present the positives.

In the third phase called bargain, it involves persuasion in negotiation, it is when the parties structure the arguments to achieve their objectives and intentions. When they reach the demand established in this phase, they benefit from the business. Finally, in the last phase of the negotiation process, conditions, terms and payment are established.

What does it mean to be a good negotiator?

A good negotiator has high assertiveness in his negotiations, goodwill and trust. You will also be willing to be flexible and deal with problems in negotiations, it is important that the negotiator does not give in to common problems, but bypasses them. The trader generally likes to face the stock exchange, Bovespa, Forex, Bitcoin and cryptocurrency and binary options markets. These are characteristics of a good negotiator.

What is traded on the stock exchange?

Various financial assets are traded on the stock exchange, such as:

trade bitcoin

All of these assets can be purchased on the stock exchange and are organized in 3 important markets:

  1. Market in sight
  2. Forward market
  3. Future market

You can trade in the above markets, any asset and the amount you want. The stock exchange is always a safe trading for well-oriented investors who understand the financial market. Most popular brokers like eToro and Avatrade also trade in assets or contracts for difference (CFD).

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What is traded on the Bovespa?

Securities in fixed and variable income are traded on Bovespa. There is a list of assets on the stock exchange, such as: stocks, dollar contracts, mini-index and etc.

Everything that is traded on the Bovespa is regulated by the CVM, Securities and Exchange Commission, this is the entity that protects investors in Brazil from illegal practices on the stock exchange.

What is Bitcoin trading?

O bitcoin can be traded on exchange or platforms that work with cryptocurrencies, bitcoin transactions and payments are a trend in 2021.

Trading bitcoin is a lucrative alternative for many investors, after all bitcoin is the most valuable cryptocurrencies in the world and does not obey the laws of any government. Trading bitcoin is often also known as trading.

How to trade Bitcoin [step by step]

Follow the steps below to open an account in a simple way.

Step 1: choose a secure platform

There are reliable options like: AvaTrade, IQ Option, eToro and Forex.com. These popular brokerages carry out bitcoin trading and you can open an account easily. In the example we used Avatrade. Click the orange "Create an account" button.

short sale

Step 2: Register the account

Fill the form with the requested data, and click on create account. This is necessary so that you can activate your account, and start trading with Avatrade. Always fill in your details correctly so that you can make the withdrawal with peace of mind, remember to provide your best email address and a real phone to verify your account

what is trading

Step 3: Identity verification (KYC)

In this step you need to provide an identity card (ID or passport), and a bill for electricity, water, gas, etc. Any account that has your address and your name serves to verify that you are in fact yourself.

short sale

 

Step 4: Depositing funds

Make your first deposit on the platform. The minimum amount is $ 100, or the equivalent of R $ 520. This deposit amount will be used 100% to contribute when negotiating with Avatrade. Before you can make the deposit, you need to choose the type of platform you want to create an account on. In this example, we will choose MeTaTrader 5. Also choose a base currency. In this case, we choose the Dolar (USD). Then click on send.

what is trading

You will receive an email confirmation of account creation on the MetaTrader 5 platform by Avatrade. Click on the pop-up that will appear to deposit, and proceed to see the options. You can choose between international credit or debit cards, paypal, bank transfer, and e-wallet like Neteller and Skrill. In this regard, Avatrade is one of the brokers that has a greater variety of payment methods.

Step 5: Trading on MT5

To trade on the real account, click on the option to go to “My Account” and choose “Web Trading” to open another screen. The platform is very intuitive and easy to operate. When you have a Bank available you can negotiate as in the example below:

Negotiating is easy, but it consists of analyzing the better buying and selling opportunities, for that to happen choose reliable brokers and stable platforms like MT5.Visit Avatrade

What is forex trading?

The forex called Foreign Exchange in English, it means “foreign exchange market” in Portuguese. This market trades currency pairs from many countries.

Trading in the foreign exchange market is aimed at investor profit with price changes in currency pairs, this is one of the largest markets in the world and one of the most liquid to carry out buy and sell transactions on the same day (day trading).

O Traders Union: Best Low Spread Forex Brokers moves about 5 trillion dollars a year and has the highest liquidity. But, to trade forex it is necessary to look for safe alternatives, like the broker: forex.com.

Also study currency trading for profit, there are several trading techniques for you.

What is binary trading?

Binary trading buys and sells stocks, commodities or currency pairs for a short time such as: 30 seconds, 1 minute, 5 minutes, 10 minutes or hours.

It is important to say that the binary system belongs to basic mathematics, binary numbers divide an integer, so when people invest in binary options they invest in the small variation up or down the binary number and not the whole number. Binary options are usually Bitcoin robot platforms like the Bitcoin Up, forex robots and brokers known as IQ Option.

There are several types of negotiation. We don't want you to get confused between trading on the stock exchange, trading complex assets like Bitcoin or Forex, and known types of trading.

To understand the differences of each type we have listed below terms of negotiation, to know which negotiation you have been involved or want to carry out.

Types of Trading

There are different types of negotiation to meet the interests of different interpersonal relationships.

As we have seen, one party is not always willing to give in so that the other wins.

The important thing is that the classifications below assess the interests in the negotiations. That way you can understand, what type of trading you need to use. Some of these negotiations are as follows:

  • Cooperative
  • Adversarial (win / lose)
  • Integrative - Also known as “Ganha-Ganha”, collaborative or cooperative
  • Primal
  • Lose-lose
  • Self-negotiation
  • Conflicts
  • Collective
  • Competitive
  • International

Have you ever thought what kind of trading you are having with the financial market? Is it a "win-lose" or "win-win"? Below we will detail a little more of each negotiation.

Integrative negotiation

Integrative negotiation aims at a satisfactory result for both sides, that is, both parties always win, so it is also known as "win-win" or "cooperative".

By meeting the needs of all those involved, cooperative negotiation aims to preserve a good relationship for future negotiations. In this negotiation, there is no party that wins over the other, it is a friendly negotiation alternative, there is cooperation.

Negotiators always seek to help and align their interests, so integration is very common in commerce. Example:

“When a supplier negotiates with the store, it will need attractive products to buy and profit. But, the supplier will also need to sell to the store and make a profit. ” For this to happen, an integrative negotiation is necessary, where it is established:

  • Best price
  • Deadline
  • CONTROL
  • Warranties

A win-win trading it is closed when there is a consensus, so the 2 negotiators establish conditions where both win.

Another example would be: "The supplier offers a low price if the store pays cash". See that the distributor will receive quickly and the store will buy at an attractive price. So, both win!

Primal negotiation

The primal negotiation is when only one party thinks about maintaining the future relationship and the other one aims at profit. THE primal involve conflicts of interest between negotiators.

Eg “While one party thinks about maximizing individual gains by harming the other. The second negotiator thinks about maintaining a good relationship with a view to future negotiations and partnerships, that is, he loses in negotiations to maintain the partnership ”.

It is common for one of the parties to the primal trading be highly persuasive when defending your interests and needs. Therefore, the negotiator's communication is disguised, one of the parties may hide their real intention in the negotiation.

There can be aggressive behavior at times, after all the negotiator wants to win and feels that he deserves that negotiation.

Conflict negotiation

Conflicts are common in organizations, but they can happen outside the company's limits, and when that happens, business relationships are shaken. Negotiating is one of the important characteristics of the company, but dealing with conflicts is also. Conflict negotiation is a management skill.

negociação

Negotiating conflicts understands that social relations must be balanced and emphasizes good organizational coexistence to produce a good result in the company. There are several strategies for alternative searches in conflicting business relationships, and all of them focus on enabling the solution of problems.

Collective bargaining

Collective bargaining controls conflicts of interest between workers and unions. As it is collective, an entity always represents the company or workers to discuss labor relations and increase the productivity of these workers.

Competitive negotiation

Competitive negotiation is when one of the parties does not agree to give in to the negotiation, only one will win and try to seek the greatest possible return in the negotiation.

The main characteristic of this negotiation, always reveals a negotiator with a firm and inflexible posture. It is clear that one party wants to harm the other, after all it is like a competition, only one wins.

External negotiation

External negotiation takes place through a consolidated agreement between the parties. Its main feature involves the resolution of a problem, so both parties agree to resolve the problem.

This is common for negotiating debts, for example: “Nobody wants a negative result for this debt negotiation, so there is no trickery or deception to a debt settlement. It is fast and fair ”.

International negotiation

International negotiations are when an administrator abroad offers goods and services to another country, this is common in export and import operations. International negotiations bring profitability to both parties and are common in the financial market, mainly in commodities, foreign exchange and forex market. These are interesting alternatives for investments in 2021!

Final considerations

You can withdraw at any time if you make a profit from your bitcoin trades, but always try to develop techniques and study about negotiations. We know that the investment mindset will point to your success. So study, read reliable information and invest safely. Remember the good negotiator has good assertiveness and knows how to deal with problems.

What is negotiation?

Negotiation is a process of buying and selling directly or indirectly between 2 or more parties, for a fixed price within a pre-stipulated period or conditions.

What is Bitcoin trading?

Bitcoin is a cryptocurrency created in 2009, which has had a steady appreciation for many years. Trading Bitcoin is a high risk alternative, but for those who succeed it can be highly profitable.

What is Forex trading?

Forex, or Foreign Exchange, means foreign currency. Basically, trading with Forex means trading foreign currency pairs. An example would be for you to trade in the appreciation of the Dollar against the Real (USD / BRL).