📘 GUIDE TO START GENERATING INCOME AS A TRADER

🎯 Objective: to move from beginner to profitable trader with a clear strategy, risk management, and operational discipline.

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1. 🧠 CHANGE YOUR MINDSET: YOU ARE A RISK MANAGER, NOT A FORTUNE TELLER

Trading is not about guessing the market, but about trading with probabilities. Profitable traders do not win all the time, but they control their losses and maximize their successes.

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2. 📚 BASIC TRAINING: WHAT YOU NEED TO KNOW FOR SURE

3. 🛠️ CHOOSE YOUR TRADING STYLE (ACCORDING TO YOUR TIME AND PERSONALITY)

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4. ⚙️ NECESSARY TOOLS

• Platforms: TradingView (analysis), Binance / Bybit / OKX (trading)

• Suggested minimum capital: USD 200–500 (start without leverage)

• Simulator: Paper trading or demo accounts to practice without risk

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5. 📊 BASIC STRATEGY TO START (example swing trading)

Entry conditions:

• Uptrend (price above 20 and 50 moving averages)

• Pullback to support + bounce with engulfing candle

• RSI not overbought (<70)

Exit:

• Profit target: +2R (twice what you risk)

• Stop loss: below key support

📌 Remember: risk a maximum of 1–2% of your capital per trade.

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6. 📈 RISK MANAGEMENT: YOUR INSURANCE AGAINST RUIN

Golden rule:

“It’s not how much you make, it’s how much you lose when you’re wrong.”

• Always use stop loss

• Never risk all your capital on one trade

• Track your trades (trading journal)

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7. 💸 WHEN DO YOU START GENERATING INCOME?

✔ When you master a strategy and have consistency for at least 2–3 months in demo or with little capital

✔ When your emotions do not sabotage your decisions

✔ When you understand that trading is not quick money, but smart money

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