Thank you for your good tips OP. But just to remind every newbies out there, knowing all of these is just a small portion when you are in real trading. Skills and experience matter the most, so if you think you certainly have less knowledge and experience on trading, it’s better to study more of it before you decide to risk your hard-earned money into trading.

As much as knowledge and experience are crucial when trading, I should say having patience and emotional control as well will pave way for a better trading performance. So make sure to develop those positive traits first before engaging in real trading.