This post is the first in a series of posts I am writing to guide you in getting started trading. It is the start of my Free Investing and Trading For Beginners Course. You could skip this post and go straight to the next post if you feel that the answer to the question “Why Trade” is not of value to your trading. But for me answering this question changed me from being a break-even trader to a trader with an edge in the markets. Trading consistently profitably is hard and it takes a lot of practice. Therefore let’s talk first about a fundamental question most people skip before they take up the challenge of trading or any other challenge for that matter.
Continue reading “Why Trade? – the Question You need to Ask before you Start”Where to trade? – Finding a Broker
In this article, I will discuss Forex and CFD brokers. I will discuss how they operate and how to find one for successful trading. Many of the ideas that I share about these brokers will also apply to brokers of other securities like Bonds, Stocks, ETFs, and Options.
Continue reading “Where to trade? – Finding a Broker”Tools of the trade
In this article, I will tell you about the possible tools you have at your disposal for trading. Whether you are building a fence or building a trading strategy, you need tools to get the work done. In the previous articles, we already looked at the question of why, how, what, and where to trade. Now it is time to get some tools and set up an infrastructure for trading. We need three types of tools.
Continue reading “Tools of the trade”