Post
Topic
Board Beginners & Help
Re: Best trading advice for a beginner
by
Outhue
on 12/06/2025, 05:35:33 UTC
Id say as someone just getting started, its better not to mess with leverage trading.  That can make your wins bigger but your losses too.  Its real easy to get over your head.  Just keep it simple early on and dont try predicting every up and down.  

The main thing is learning the fundamentals. There are plenty of resources available online, such as books, courses, and YouTube channels.  What worked for me was following some veteran traders on social media and learn from their insights.


Unfortunately people are here to make money faster, I believe that Spot trading is the best but also the slowest way to make money, it can take weeks to make good amount of money just by buying low and selling high but with futures trading you can make a significant amount on a 10% move up or down.

What many forgets in spot trading is there is no way to lose money here compare to futures because it's a waiting game, just wait it out and it will happen.

I've been trading for years and I've come to understand that you can't always win even if you are a professional trader, the so called pro traders also lose money too, the wrong calls will find you at times.

Even when your trusted indicators are pointing to a certain trade as a sure outcome you must consider the risks available and risk only what you can afford to lose.