Here is a list of things you should research before you begin trading with real money.
1. Sign up for a demo (practise) account to learn how to trade accurately without making errors.
2. Learn from the strategies of the greatest investors and traders in history, including Jesse Livermore, W. D. Gann, Charles Dow/Dow theory, Paul Tudor Jones, and Richard Wyckoff. Utilize their techniques by learning them. Discover their errors so you can avoid them.
3. Put learning first, not winning. Forget about revenue and earnings. Consider creating a successful trading attitude in addition to a winning trading approach. Always have an open mind. Observe. Be adaptable.
4. I suggest reading the books listed below. You may start thinking like a trader and understand what you are entering into by reading the following books:
Edwin Lefevre's "Reminiscences of a Stock Operator".
Sun Tzu's "Art of War" (Not a trade book; rather, a classic on the laws of war
and how to avoid being outwitted and routed by your adversaries.)
The Trading Methodologies of W.D. Gann by Hima Reddy.
The article "Time Compression Trading: Exploiting Multiple Time Frames in Zero
Sum Markets" by Jason Alan Jankovsky.
By Mark Douglas, author of "Trading in the Zone: Master the Market with
Confidence, Discipline, and a Winning Attitude."
5. Watch videos on YouTube. Take in as much information as you can because the more you know, the more the puzzle's parts will subsequently fit together. The fundamentals of trading may be learned independently, and when you're ready, you can advance your trade.
You must refine your thoughts and gameplay strategies if you want to win the game. Trading on a market means competing with experienced traders. The newcomers to the market are not your rivals; rather, they are accidental. You must transact business with the market's seasoned traders.
I wish you success in a conflict zone!
Please subscribe to our tradingview page and like this article!
