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“Every week I choose a few of your questions and answer them – honestly, as is. These are not instructions or signals, but thoughts based on my personal experience in trading. Write, ask – I have a lot to tell.”
Chargement en cours...
Chargement en cours...
Why do most people lose at the start - even when they read a lot?
“This is a common and painful question. I have been through it myself. At the start, most people make one key mistake – they think that it is enough to “know” and not “be able to do”. Reading without practice, without feedback, without the pain of losses – does not work. And one more thing: everyone wants a magic button. But the market is not a button. It is a process, and it has its own rhythm. My path began with giving up trying to guess. When you stop guessing, you start earning.”
How to distinguish trading from gambling?
“If you are looking for excitement, it is passion. If you are looking for results, it is closer to the point. Trading should be boring. Yes, it is boring. Like accounting. If your pulse jumps with every deal, you are not trading, you are playing. I realized this late, but from that moment on I started to come out on top…”
"Why do most people lose at the start - even when they read a lot?"
“This is a common and painful question. I have been through it myself. At the start, most people make one key mistake – they think that it is enough to “know” and not “be able to do”. Reading without practice, without feedback, without the pain of losses – does not work. And one more thing: everyone wants a magic button. But the market is not a button. It is a process, and it has its own rhythm. My path began with giving up trying to guess. When you stop guessing, you start earning.”
How long does it take to learn to become a successful trader?
The time it takes to learn and become a successful trader varies from person to person. Some traders can achieve success in a few months, while others may need several years. The key factors are your drive, diligence, and the ability to learn from your mistakes. Beginner traders are advised to learn the basics of trading, such as technical and fundamental analysis, as well as risk management. Practicing on a demo account will help you develop skills without the risk of losses. Continuous learning, reading books, and participating in webinars can also speed up your progress. It is important to remember that trading is a process, and success comes with experience and time.
What are the best strategies for beginner traders?
Beginner traders should consider simple strategies that do not require complex analysis and allow them to minimize risks. One such strategy is trend following, where traders open positions in the direction of the main market movement. It is also worth exploring strategies based on support and resistance levels, which help determine entry and exit points. Long-term investments in stocks or ETFs can be a safer option for beginners, as they require less attention to short-term market fluctuations. It is important to start with small positions and gradually increase the trading volume as you accumulate
How to choose a broker for trading?
Choosing a broker is one of the most important steps for successful trading. First of all, make sure that the broker has the appropriate licenses and is regulated by reputable authorities such as the FCA or CySEC. Pay attention to trading conditions such as spreads, commissions and available instruments. It is also important that the platform is user-friendly and intuitive. Read reviews from other traders about the quality of customer support, as this can be a decisive factor in case of problems. Finally, having a demo account will allow you to test the platform and trading conditions without the risk of losses, which is especially useful for beginner traders.
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The content of this blog does not constitute investment or trading advice. All answers are based on the author’s personal experience.
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