How To Start Making Money With Trading a ...

How To Start Making Money With Trading and Investing

May 20, 2023

This post is about getting started making money with Trading.

It really is one of the best ways to make money, I give you the tools to learn and practise.

You will need:

  1. CHARTING

  2. BROKER

  3. TRADING CAPITAL

  4. DEDICATION TO LEARN AND PRACTISE ON SIMULATED ACCOUNT TILL PROFITABLE

https://www.youtube.com/watch?v=7tq6dZ1-H1M

Things to AVOID on this Journey to learn Trading is

Binary Options, Penny Stocks, Spread Betting, CFD’s and Forex (Better to Trade Managed Currency Futures Because the Orders Are Regulated By The CME) Forex isnt.

The reason they are all really dodgy and risky not worth your brain power to even think about, focus on the elements I teach you which is Buying Call and Put Options and Futures all for FREE in these blog posts and the YouTube Channel.

I recommend TradingView its free and easy to get started, it does have a delayed data feed but you can purchase live feed for a small price, will keep looking for other free live data options.

https://www.tradingview.com/

Charting Overview

https://www.youtube.com/watch?v=szUshZD6cf0

You need to be able to read a chart next so below is a infographic on how to read a Chart easily.

Now you need a Broker, I recommend Interactive Brokers or Binance.c but you need about 10k to open a account with them.

https://www.interactivebrokers.com/en/home.php

https://www.binance.com/en

You can try a free trial, they are one of the best in the Industry.

Cheapest and best if you want to be able to trade any markets anywhere in the world.

The thing to note is you don’t want to start this journey, into learning how to trade with out some spare money that’s not going to effect your life if you make the wrong choice on a trade and lose it.

Once you have a Interactive Brokers account you can use the simulation account which is exactly the same and your not going to lose any money :)

You should practise here for about a year trading every week day.

You can set your trading capital, so set it for 10k and trade small. Learn the platform and Options or Futures first.

I recommend Options if your starting fresh with no trading experience.

Enjoy it! The markets are amazing once mastered and really provide a lot of intellectual stimulation.

Top 3 Tips to Success

Focus

Discipline

Momentum

Below is a Infographic on how to trade Options.

There are lots of ways to trade options just focus on buying a Call or a Put to start with.

You buy a Call if you think the price of the Stock is going UP

You buy a Put if you think the price of the Stock is going Down

Then you make Money if your right.

These are the just the Basics to get started and avoid all the Lamborghini Traders selling there amazing systems or course its mostly B.S.

I Have an Options Course Made and will be making a Futures and Crypto Course Shortly.

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