Quote from: harizen on September 25, 2021, 11:27:44 PM

Quote from: amirahmed on September 23, 2021, 11:23:15 AM

When one first enters the trading game, it is most often challenging to know how to prepare for it. Even if it is an appealing approach to increase profit, it would not be as fruitful as one may imagine without a fundamental understanding of the basics and a few preparations.
How should one prepare before getting into trading?

Invest with knowledge. First, everyone needs to be serious to learn and not just they saw others getting profits from trading. Sometimes others just want to be involved because of pure money. With that mindset, they will never look at the risks and will rush everything to make profits.

Honestly, basic knowledge is enough to start. Lots of pointers to read before doing an actual trade will just make a new trader confuse. Let them experience the actual trade with only basic knowledge and allow them to learn things automatically while on the way.

Again, be serious and don't take that as a joke. It will take time to learn but it's worth your time.

This is something newbies never really get, knowledge is an investment as well, you not only decide to become an investor the moment you put money in a stock or a cryptocurrency, you do so the moment you decide how do you want to use the time you have available each day, and if I see a person using their free time to have fun while another is reading books about trading I know who has the higher chances of becoming successful before they make a single trade in any market.