We demystify and simplify trading to help discover your `inner trader`
What you will learn
Getting started with your trading career
The pure basics of trading for beginners
How to create Trading Plan
Knowing of the Types of Traders
Define the Common Order Types
Technical Analysis
Fundamentals of trading
Mistakes New Traders Make
Trading Techniques to practice
Description
•Trading involves the risk of loss of capital and is not suitable for everyone. As many companies provide leverage you should be aware you could lose substantially more than your initial investment.
•Any views, opinions or other information provided is solely for educational purposes and does not constitute investment advice or a solicitation to trade or invest.
•You should carefully consider the risks, your financial situation and level of experience. You should ONLY risk capital you are prepared and more importantly can afford to lose.
•You should seek advice from an independent financial advisor if you have any doubts BEFORE risking your capital.
Its essential BEFORE trading real money you practice in a simulated environment to hone your skills and develop your trading plan. Set some objectives to reach before allowing yourself to risk your capital. Be warned: making money in a simulated environment is so much easier than live trading since there are no consequences.
Before you begin live trading, I suggest you decide on a maximum amount you will invest in yourself to become a trader. Then, do not break this limit.
When you are ready to trade live, remember one essential thing: only invest what you can afford to lose. Ensure you have sufficient funds to absorb early losses, or wait until you do!
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