Here are the basic principles you need to know before you start trading:
1. Supply and Demand: Prices move according to the balance between buyers and sellers. If demand increases, prices rise. If supply increases, prices fall.
2. Capital Management: Don't put all your money into one trade. Always be cautious and spread your risks.
3. Emotion is Your Enemy: Greed and fear can lead to poor decisions. You must stick to a clear plan, not your mood.
4. The Trend is Your Friend: If the market is rising, buying opportunities are better. If it's falling, consider selling. Don't go against the trend without a strong reason.
5. Continuous Learning: Trading is an ocean, there is something new every day. Keep up with market news and always improve your skills.