Post
Topic
Board Beginners & Help
Re: Best trading advice for a beginner
by
Sticky Bomb
on 14/06/2025, 19:28:09 UTC
What advice would you give a newbie that started trading? Let's say he has decided to leave his comfort zone and get his hands on the it.
Are there pitfalls to avoid? Where is the best place to get started with? Any materials to help grasp the concept faster? Do you mind giving hints on what helped you scale through in your early beginning.
As a beginner, what I would advise you is very simple DO NOT TRADE, Until of course you have gone through good quality training on trading and mastered it to some extent, then you can start integrating your skills gradually.

Trading is addictive, if you have a good job, I would likely advise you to focus on your work during work hours and trade outside work hours so that you can concentrate at least. The emotional attachment in trading can tend to affect your productivity at work, so if you must trae, then be it after work hours.

Do not borrow money to trade, I have seen someone who is a beginner and took a loan to trade, long and short of it all, after loosing the money, he was disgraced by the recovery team to the extent that his family members took pity on him and paid the debts.