Thursday, February 21, 2019

trading for beginners

as a beginner in trading you will find yourself with an incredible amount of options, like which platform, what to trade,and how to trade,before you get that far you need to have some things clear first, with trading your whole investment is at risk, as a beginner there is a big chance that you can get wiped out. well we can get those chances down. i had a rough learning curve lost everything in the process couse i didn't have the knowledge that I'm going to share with you so pay attention.

                                    let's get you started
let me get you started. you can use the platform off your choice,but I'm going to suggest because it is easy for beginners and also easy to use. first you'll get a demo account to practice on with a sum of $100.000 now pay attention,  why this is good for beginners, most beginners want to see their money work immediately. I can not blame them, here is where etoro comes in it has a really
useful copy program you can copy other experienced investors of your choice. that means every trade they are doing you are doing automatically.im not saying you should not trade on your
own.im saying meanwhile you are learning with the demo account you can copy someone of your choice so that you can still see your money moving. that will buy you patience, and time to
practice properly because you will need extensive practice time if you are serious about trading.  


                                                    some valuable tips
diversify your portfolio never allocate all your capital in one company
buy like you are biding, for example, if you are going to invest 1000$ in google do it in steps of 250
with days in between steps.
never use high leverage, if you are serious about trading use max 10 leverage for commodities
and 2 for stocks
discipline is your friend. don't sit in front off the pc, make a trade check it daily or weekly not hourly
view your winning trades as losing trades, don't close a winning trade early, if you do your losing trades will be the winner trades on average.
reply with tips that you may have for others to use.



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trading for beginners

as a beginner in trading you will find yourself with an incredible amount of options, like which platform, what to trade,and how to trade,be...