#BTCbelow100k

Choose a market

Determine which markets and instruments you plan to trade. Will it be stock trading on the stock market or futures in the cryptocurrency market? Perhaps you are interested in the foreign exchange market, bonds, or other securities. This will determine your future trading approach and learning algorithm. Not all trading theories are universal. Some aspects are relevant only in specific markets.

💰💰💰💰💰💰💰💰💰💰💰💰💰💰

Determine your style

Choose what you 'like' – active trading, long-term investments, fundamental analysis, or technical analysis, lower or higher timeframes. The chosen trading style will determine 'which direction' to take the first step and which analytical tools will be useful in the early stages.

💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰

Pay attention to psychology

Do not underestimate the psychology of trading. Psychology influences a trader's decisions even during the learning stage. Often, beginners want 'quick money,' which leads them to study high-risk strategies. Avoid the mistakes of novice traders and do not skip chapters in books dedicated to psychology.

💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰

Control your risks

In the initial stage of learning, start controlling risk – at least outline your risk management. Set an acceptable loss limit per trade and per day, and stick to those limits firmly. The smaller the acceptable loss, the longer the deposit will 'live'.

$USDC

$DATA