What is the most important thing when investing?
To get started, learn the 5 Basic Rules of a successful transaction. These rules help you deal with excitement and see what you need to focus on.
Don't trust your hunch
Trading is first and foremost a matter of analysis. Guesses and fortune telling are useless. Focus on learning trading strategies, inversion patterns and indicators so that your trading will become stable and predictable. We will send you instructions, tasks and transaction reports to test your knowledge. Review our newsletters and learn to process step by step!
Use small amounts
Professional investors advise against investing more than 5% of your capital in transactions. If you have a $ 100 account, the best volume of a transaction is $ 3 to $ 5, so you can trade profitably and minimize the risk.
Don't give in to emotions
Anger, excitement, enthusiasm - all these are very strong emotions that can negatively affect your transactions. If you think you're not ready to do a calm analysis of the market, you'd better postpone trading. It is natural to have positive or negative feelings resulting from success or failure. At such moments, it is very important to stop processing on time and relax.
Follow the news
When you learn trading strategies carefully, you often find that they fail when important news comes out. News strongly affects the market, which can counter any signal after it is published. So keep global events in mind. These include economic news, important meetings or speeches by major politicians.
Contact other investors
While other investors share many new and interesting things about trading, you can ask questions or share your experiences with them. Join trading sites, forums and communities on social media.