Quote from: teosanru on Today at 06:37:05 PM

Quote from: sammark23 on September 29, 2021, 07:10:29 AM

What is the best strategy to prepare oneself before entering the trading market?

Prepare yourself with basics of risk management, very few people realise this but it's the most important skillset that one could have, risk management ensures that you are never going out of the market due to capital crunch, it will ensure you survive in the market until your learn trading and start earning money, if you don't learn money management and just learn technical analysis, you won't really be very profitable and chances are you'll be out of this market in matter of months.

One of those many tool that allows you to survive from the everlasting changes inside the market.

The aim is to continue the learning process until you find the right patterns for your trading strategy.

Most people are after with the profits and not to see the risk that involves with this business.

If you have a good skills in managing each risk you'll be able to balance every participation that you'll going to perform.

The better you handle everything the higher the chance that you will survive and soon you will succeed.