5 beginner-friendly trading learning points
📘 1. Understand the Basics
Before placing your first trade, it's important to understand how trading works. This means learning basic terms and concepts like:
Buy/Sell Orders – You buy when you expect the price to go up, and sell when you expect it to go down.
Market Order vs. Limit Order – A market order executes instantly at the current price, while a limit order waits for your set price.
Stop Loss – A tool that automatically closes your trade to prevent bigger losses.
Take Profit – Automatically closes your trade when your target profit is reached.
Leverage – Borrowed money that allows you to open bigger trades, but increases risk.
Pips/Points – Smallest price movement in Forex or other markets.
Candlesticks – Price chart patterns that show how prices move in a set time frame.
These basics help you read the market, place smart trades, and avoid beginner mistakes.
