Post
Topic
Board Trading Discussion
Re: Tips and tricks for day trading
by
pawanjain
on 27/03/2022, 15:53:52 UTC
snip~


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Continue learning by taking some trading courses and following Youtube channels on how to trade.
Keep learning and practicing but don't blindly follow others and repeat their trades.
Do this for a year and then start trading with money you can afford to lose.
Doing this for a year is long enough, perhaps, we can shorten it, a month or two is good enough. We don't need to master everything before going to trade, knowing the basics is enough to start because for me, the experience could give us more learning, unlike the time we just read, watched online tutorials, or even from the other idea.

Yes, we have to start in small amounts, we have to spend the amount only that we can afford to lose. Plus, taking more effort is really be needing and of course, possessing a positive mindset.

I am not saying that OP should just keep learning for a year. I mean to say is that while learning he should also practice it.
Trading with small amounts and improvising the strategies by identifying mistakes and correcting them.
I think one or two months is still a very short time because OP has to learn how to trade in different trends.
It doesn't happen in or two months. Give or take at least 6 to 12 months are needed before we can actually start trading with big amounts.