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Quote from: 007 SHIELD 007 on March 19, 2018, 09:44:12 PM

i am new in trading . i want to start trading . what advice you should give me before i start in live trading?

There can be a lot of advice here. But I advise you to read the book Reminders of a Stock Operator, it is one of the best on the subject of trading. After reading, you can start trading.

The success in trading is in the combination of knowledge and experiences. Nurturing the mind with helpful information and learning from the experiences. Trading needs more preparation and acceptance of the reality that losses and risks are part game and taking proper actions to get through to this kind of situation. Learn more and gain not only knowledge and skills but profit.

The advise I could give is to be patient and strategic. Newbies and experts are vulnerable to volatility and it's our attitude that can help us survive from any challenges. Study more to learn more and earn more. Most of all, pieces of advice may or may not be taken, but the decision is still up to us, it could be right or wrong but what's important is to gain lessons.

Never be affected much with the quick drop in price and if trading is unsuccessful. Before entering the world of trading, you have to be prepared, continue to learn by doing research, finding tactics, be open for criticism and mistakes, and be emotionally stable. No traders become great without going through failures while keeping stronger faith.