7 ESSENTIAL TIPS FOR BEGINNERS IN THE TRADING WORLD:
Are you starting in the world of trading? Save these 7 tips that can help you avoid losses and shorten the path to consistency!
1. Start with the basics
Study the fundamental concepts: what is trading, types of assets (stocks, cryptos, forex), technical analysis, and fundamental analysis.
2. Don't skip risk management
Never invest more than you can afford to lose. Use stop loss, define the size of your position, and protect your capital.
3. Avoid leverage at the beginning
It may seem tempting, but trading with leverage greatly increases the risks. Start trading with your own capital.
4. Use demo accounts
Before trading with real money, practice in simulation accounts to gain confidence and understand how the platform works.
5. Have a trading plan
Define when to enter, exit, and what your goal will be for each trade. Avoid impulsive decisions.
6. Start with one asset or market
Focus on learning well about a single market (e.g., cryptocurrencies, Brazilian stocks, or dollar/real) before diversifying.
7. Learn from mistakes (and record everything)
Keep a trading journal. Note entries, exits, profits, losses, and feelings. This speeds up your learning curve.