For every beginner who has not yet understood what he should do, read and you may benefit here.
You may enter your first day of trading through futures contracts and professional methods after watching some videos that tell you that you will become a professional trader in a minute and the profit will not let you down after this video and all the titles are to attract views and profit for them only, but I may give you an opinion, not advice, to add it to your information stock that will benefit you in your beginnings
1 Try not to rush. You may find a currency heading towards Mars, so you try to trade so as not to miss the opportunity, but the rush to own it either means that the price does not exceed your entry point or it falls quickly so that you feel your loss immediately.
2 Try to verify the currency project and follow any party and what its orientations are. This may help you determine which currency you may invest in.
Thirdly, try to use the convert feature in your first trades.
And determine the price to enter with, and that may help you to practice first, as it is simple trading for beginners.
Suppose you have $100, you bought a currency at $1 with $50 of your money, and then the price started to fall. Here, your capital starts to collapse, and you are looking. It might make you rush to sell. No, my dear, but try to buy more until the price reaches the required support point. Then, you will find that you have added profits to those $100. How? Because at first, the average cost was $1. Then, whenever the price goes down, you buy more until the average cost goes down, and you find yourself as if you bought at less than your first entry price. This means that here, you benefit and profit from any rise that may occur in addition to the average cost that you bought at. So, do not sell in a panic, but buy with confidence. Whenever the price goes down, it is in your favor and you benefit, and whenever it goes up, it is also your benefit.