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What a trader needs to know:
Patience and perseverance:
The ability to wait for the right opportunities to enter the market.
Awareness of risks:
Understanding that trading involves the risk of losses.
Analytical skills:
The ability to analyze information and draw conclusions.
Decision-making skills:
The ability to make quick and confident decisions in uncertain conditions.
Planning skills:
The ability to develop and follow a trading plan.
Ability to learn from mistakes:
Analyzing losing trades and identifying the causes of failures.
Start small: Don't risk large amounts until you are comfortable.
Study the theory: Read books, attend courses and webinars to deepen your knowledge.
Practice on a demo account: Practice strategies and skills on a virtual account.
Communicate with experienced traders: Get advice and share experiences.
Don't be afraid to ask questions: Clarify any unclear points.
Successful trading requires not only knowledge but also psychological resilience, as well as continuous learning and improvement of skills.