Trading Tips

Trade with an amount of money that is suitable for you - You should trade with money you don’t afraid to lose and can sleep at night. I know it sounds strange but trading will be difficult at first but as you gain more experience and confidence you’ll be able to trade with higher amounts and a bigger bankroll. Don’t quit your day job just yet and see your first steps in trading as learning curves.

Always come prepared to a trading day - Always do your homework prior to any trading day. What does that mean? You need 2-3 hours each and every day to get yourself started, so that means reading charts, looking for news, looking for stocks and knowing exactly which stocks and currencies to buy, at what prices and when to sell them. This way you know how much you’ll profit and limit your losses if the trade was wrong so there is no room for chance here, it’s all calculated and planned ahead.

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