How to start trading on the stock exchange as a beginner
When you have been trading on the stock exchange for several years, you forget how in the beginning everything was complicated and unclear, and simple things raised many questions.
But remembering all this is helped by numerous questions that often come to the site’s email, the most popular of which is – How can a beginner start trading on the stock exchange?
It is clear that a person has a desire to engage in stock trading, but he simply does not know where to start.
Especially if a novice trader is completely unfamiliar with economics and finance, but knows about trading from watching a couple of films.
In fact, the main thing in this process is to start, after which all incomprehensible moments will begin to disappear by themselves.
One of the most obvious advantages of modern trading is that you can simultaneously trade on a demo account and learn the theoretical fundamentals.
This approach allows not only to make training more effective, but also to motivate the beginner as much as possible.
Where and how to start trading on the stock exchange?
First of all, I would like to note that on our website we have created a special section “ Forex ABC ”, which contains all the information a beginner needs:
But I will try again, in just a few sentences, to explain the algorithm of actions on how to start trading on the stock exchange.
Register - the first thing you should do is open an account with a broker. An example of how to do this can be found in the link provided.
Registration will allow you to download the trading platform and receive advice on issues that arise during its installation.
In your personal account, you can open a demo account with the parameters you choose, and with some brokers it opens automatically.
We study the platform - how it works, its technical capabilities.
We are trying to open trades, add new symbols and chart windows. The process is quite exciting, because through virtual transactions you can also get virtual profits, thereby testing your intuition and ability to analyze.
You will find some of the capabilities of the trading platform in its review - http://time-forex.com/osnovy/metatrader-4 and in other articles on our website.
Patterns and analysis - trend forecasting on the stock exchange is based on these two points, and forex patterns
You will have to spend more than one month studying fundamental and technical analysis.
But if at this time you are trading on a demo or cent account, studying will not seem like a tedious task to you. And you can always consolidate the acquired knowledge in practice. Therefore, it would be more correct to rephrase the original question as “How can a beginner start learning and trading on the stock exchange?”
Without putting your money at risk. I would also like to recommend books about trading for beginners, you will find them in the section of the same name - http://time-forex.com/knigi