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Online trading for beginners

For beginners, I can certainly recommend the following procedure. Refer to the information available for free from this site and other websites. You can take some seminars, courses, or consultations. Learn the business on demo account (ie Ninjatrader + Zenfire) with understanding aspects of trading, risk management, account management, knowledge of the differences between Demo and Live trading. Experience with a reasonably large venture capital ($5000 – $10000) Learn about markets, stock exchanges, your emotions. Learn to manage your risks and trade according to the principles for profitable and safe trading. If you have sufficient risk capital, trade adequately and safely. Share your experiences with other traders. Online trading is a very profitable business and individual long-term profitable strategies are always reflect the personality profile of the trader.

If you do not try, you will never know whether this business can work for you. If you will be trading in the beginning very well, be careful. You know the proverb “first winning drives from his pocket …” Do not risk and do not increase the risk, do not change a successful strategy. Many successful traders confirms the fact that the path for long-term success is difficult, and even the beginnings are difficult. So you give a chance for second and subsequent attempts … If the business you work in your favor, you give yourself a chance to prosperity and financial freedom. The learning process is for each individual. Someone is able to successfully start trading live after 1-3 months, another after year. This business is worth, you learned how to do it profitably and safely.  It is all about money. It is not charity or Social Security Institute. It’s a money machine for capable individuals who understand how this machine works. I hope you consider your options and responsibly its approach to start … I wish you sincere luck! The learning process is for each individual. Someone is able to successfully start trading live after 1-3 months, another after year.

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