The best advice for beginners and beyond.
1. Protect your capital, not chase profit.
Your main task is not to 'get rich quickly', but to survive in the market.
If your capital remains intact - you will always have a chance to grow. Lose it - you lose the game.
2. Start with a demo or very small amounts.
Make your first trades with small amounts - to learn, not to earn.
Let your mistakes be cheap.
3. Losing money is part of learning.
Don't blame yourself for losses at the start. Losses are the price of experience. The main thing is to analyze mistakes and not repeat them.
4. Trade only what you are willing to lose.
Money that you are afraid to lose cannot be invested. Fear will lead you to make terrible decisions.
5. Don't trade for emotions.
When you are bored, feeling bad, or in euphoria - keep your hands off the buttons.
Emotions always lead to mistakes. Trading is about a cool mind.
6. Don't listen to the crowd.
99% of Telegram channels, YouTubers, 'gurus' - make money off you, not with you.
Learn to analyze on your own, even if you do it slowly and with mistakes for now.
7. One bad trade shouldn't kill your career.
Limit your losses in advance. Know before the trade:
– Where is your stop?
– How much are you willing to lose?
And accept this before entering.
8. Figure yourself out.
Trading exposes your weaknesses: greed, fear, impatience, ego.
The better you know yourself, the stronger you become.
9. You don't need to be in the market all the time.
The best trades happen rarely. Learn to wait.
Sometimes it's better to do nothing than to do something bad.
10. The long-term goal is to become a professional, not to make "x's" overnight.
Think of yourself as a person who will be trading in 5 years.
Not about how to earn quickly in a week.
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Thank you! I wish you profitable trades. 🙌