Thứ Năm, 10 tháng 11, 2016

As a beginner with very limited funds, where should I begin to trade?

06:57 Posted by Unknown , , , No comments
Q : As a beginner with very limited funds, where should I begin to trade?
A: Just some Advice:
1. Plan your trade, trade your plan. First you need to find out what type of trader you are, look into things like your behavioral, emotional, and personality traits. Are you a patient person, risk averse, discipline etc..The most important thing is to know there is no holy grail, work hard, make a plan and follow it

2. If you have limited funds and are a beginner I would advise you to not trade at all. You are not ready. That is until you have taught yourself how to manage risk.

3. Should open a demo (practice) account and learn all you can about the game of trading and how it is played

4. Read general information books, starting with those that are easy and somewhat non technical. There are 50+ investing for dummies books which will introduce you to various aspects of the market. Or just grab anything available at the library.

Source : Quora, yahoo, Google Answer

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