When we are new to trading, one of the things that most hinders our learning is not knowing where to start. Not having a learning plan makes you feel like you are not learning anything, and believe me, I had great advancements thanks to just one thing, yes, something as simple as organization.

These are the first guidelines you should consider when you are starting in this environment.

✅ To start, you must keep the basics in mind: have a device to trade; it can be a PC, laptop, or even your own smartphone (as there are now apps to trade from your mobile as well).

✅ Focus on the essentials: start by learning the most common terms you will see in trading, and their roles on the platform (take profit, stop loss, leverage, etc.). You can find PDFs, websites, apps, or even tutors.

✅ Learn to read and master candlestick patterns: the price changes, the market movement, everything is expressed on the chart in the form of candles, so if you know how to interpret them and recognize key patterns, it will be of great help when making your moves.

✅ Start with a demo account: while learning, you will make many mistakes and losses, so a demo account is the best alternative if you are starting, as it has a virtual fund that allows you to trade without risks. Most platforms and apps have this feature.

✅ Learn from the greats: watch how great traders operate and try to copy or recognize their techniques in the field.

✅ Trade with caution: even if you are on a demo account, remember that you also have a limit, and the attitude with which you trade in this account will reflect your aptitude and potential as a trader, so treat it as if it were your real account.

✅ Start with Scalping trading: if you are new, it is normal to want to see profits or movement immediately in your account, so being a Scalper is your best option, as it allows you to make small moves with relatively short time periods, but which are reflected immediately (depending on market fluctuations).

✅ Invest and trade in small amounts: when you feel ready, start investing amounts like $50 or $100, trading with relatively small amounts, and progressively reinvesting your profits as you grow.

✅ Be smart: we tend to believe that larger amounts mean larger profits, but remember that this also increases the risk of loss if your bet does not go as expected, forcing you to sacrifice an important part of your account's fund.

✅ Have a plan: set a percentage like 30% or 40% of your total fund that will be dedicated to trading, this will ensure that you can always see profits in your savings account.

✅ Losing does not make you a novice: remember that even the best traders have had potential losses, but it all depends on the attitude with which they take it; that is what truly shapes the mentality of a real trader.

✅ Have a clear vision, focus on the process: at first, you will be trading with a certain margin of errors, but in just a few months you could be a profitable trader if you set your mind to it, so focus on learning, and without realizing it, you will be trading and interpreting each pattern like the greats do.

📌 At first, it will always seem a bit difficult to see yourself as a trader, but with the right learning and efficient practice, this process will go from being a habit to being that lifestyle of a trader that you dream of. No excuses... Go for it!

#Trading #Writetoearn