Post
Topic
Board Beginners & Help
Re: Best trading advice for a beginner
by
Hatchy
on 15/06/2025, 13:12:53 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.
If as a beginner you really want to go into trading the there are so many things you should have in mind. First you have to understand that it's a very risky business. And you must take it very seriously. Don't expect to make much money from it in the next couple of years not dream too big of a life style because that's where you begin to get greedy and fail to apply a good risk management plan.
Also, get a good mentor and follow his steps. A mentor that has a prove of his stance in the market and not someone who just understands the basic and creates money for him self through teaching others what he barely understands.. lastly, continue learning. Trading is a marathon not a sprint. You have to be on a move, don't get too relax with one process..