Post
Topic
Board Trading Discussion
Re: Learning to trade
by
LUCKMCFLY
on 21/01/2020, 16:24:59 UTC
Only keep trading with low amounts, just do what everyone is doing. Instead of just jumping into the real stuff, preparation is the main target right now. When you truly trust your ability to make a real profit then you can start real trading and trust your abilities. Stay brave and be cautious, these are some basic things every good trader does and by the way, don't spend your entire life in the fresh air as well. Trading time and juggling your life are both very important and should have clear goals.

the ability will continue to grow when we do the same thing over and over again, although it will be boring if we succeed in having these abilities but we do have to keep doing it because it makes us able to continue learning. most important when we are just starting trading, then learning with low funds is good enough with the aim that our funds are safe.

Ideally, start with fictitious money, apply the plans to execute, when success is achieved in this way, I think you are prepared to face real trade, whether with a high or low balance, you must be equally careful, the idea is that you do not lose more money than you have available, and ensure you leave with a positive balance, however small, the trade should look like a business.

In my particular experience I establish a loss margin of less than 10%, and I have 3 trades to recover in case the market turns against me.