📌 The Most Important Fundamentals for a Successful Start in Trading and Investment 🔰💰
The key principles you need to learn before you start:
1️⃣ Understanding the difference between trading and investing
🔁 Trading: Buying and selling in the short term to achieve quick profits
📊 Investing: Buying and holding in the long term to build wealth
2️⃣ Capital Management 💼
📉 Don't put all your money into a single trade
📊 Set a risk percentage for each trade (for example: 1%-2%)
💡 Learn the term "Stop Loss" – this is your line of defense!
3️⃣ Technical and Fundamental Analysis
📈 Technical Analysis: Based on reading charts and candlesticks
📚 Fundamental Analysis: Based on understanding news, projects, and their value
4️⃣ Learn to Read Candlesticks 🕯️
An important tool for understanding market behavior – I explained it in detail earlier!
5️⃣ Understanding Market Psychology 😨😱😄
Fear, greed, hesitation... all factors that affect prices
🧠 You must control your emotions and stick to your plan
Before you start with your real capital, try trading with a demo account for practice
7️⃣ Learn the Trading Platform
Know where to buy, how to sell, how to set “Stop Limit” and “Market Order”
You must master the use of each tool
8️⃣ Beware of rumors and random recommendations! 🚨
🚫 Don't buy just because a friend said so
✅ Base your decision on real analysis and understanding
✅ Final Advice:
Learning is the first real investment!
Every minute you spend learning today = fewer losses and more profits tomorrow!
#Tradersleague CryptoBasics
