Here are key tips on trading, especially useful for beginners and for those looking to improve their skills:

Education and Continuous Knowledge:

Don’t jump in without knowing: Before risking your money, take the time to understand how financial markets work, the different types of assets (stocks, currencies, cryptocurrencies, commodities), market orders, and the basics of technical and fundamental analysis. Learn from reliable sources: Avoid promises of "easy money" or "magic systems". Look for courses, books, seminars, and recognized educators in the field of trading. Stay updated: Markets are constantly evolving. Keep learning about new strategies, tools, global economic events, and news that may influence your trades.

Manage Your Risk Rigorously:

Define your risk per trade: Never risk more than a small percentage of your total capital on a single trade (many professional traders risk no more than 1-2%). This will protect you from losing a significant part of your account with a single bad decision. Always use Stop-Loss: A stop-loss order is your best friend. Set it before entering a trade to limit your losses if the market moves against you. Respect your stop-loss and do not move them. Do not trade with money you cannot afford to lose: This is crucial. Trading involves risk, and you can lose money. Use only risk capital, not vital savings or money intended for basic needs.

Develop a Trading Plan and Stick to It:

Define your strategy: What type of trading will you do (day trading, swing trading, long-term)? What indicators will you use? What will be your entry and exit points? What criteria will make you close a trade? Set your rules: Write a detailed trading plan that includes your goals, your risk management, your strategies, and your trading hours. Be disciplined: Discipline is more important than intelligence in trading.