Post
Topic
Board Trading Discussion
Re: How to start trading with 2 BTC? What is the first step?
by
wxa7115
on 14/11/2019, 18:21:55 UTC
So i have decided i will start trading with 2BTC first. I have read many people suggesting me to day trade and earn some good profit daily.
Let me tell you all, i have no experience in trading and it sound so difficult to me so please answer my questions
so how can i start and where can i start?
where to learn the basics? some good books?
how much profit can i expect daily in the beginning?
How to avoid major loss?
is there any professional traders that allow to follow their trades and they charge some fees for it?
Waiting for your answers  Wink
As you do not have any kind of experience when it comes to trading I can say to you that it is a bad idea to try to become a day trader and to use such a high capital, try to make longer trades and at most only use 10% of your capital, your first weeks and months as a trader should be dedicated to learn as much as you can, so at the beginning you should not expect to get any profits, if anything if you can break even you should consider yourself lucky.

This may seem weird after all our goal when it comes to the market is to make money but before you learn how to make money in the markets you need to learn how to not lose it and that can only be done by exercising money management.