To get started in trading for dummies ,

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Trading and traders have more and more visibility on the internet and social networks. Known to be an affordable and very profitable profession (several million euros), the trading environment nevertheless requires increased knowledge and excellent management. When you want to start, it is about adopting the right methods and going towards the right training. So, how to start trading? We explain trading for dummies.

What is trading?
Trading consists of bosnia and herzegovina phone data buying and selling financial assets on the stock markets. The goal of trading is to make profits by anticipating price fluctuations. Trading can be done in the short term (a few minutes, hours or days) or in the long term (several months or years). There are different types of trading depending on the assets traded (stocks, currencies, commodities, etc.), the analysis methods used (technical or fundamental) and the trader's profile (risk, objective, time horizon, etc.). Trading for dummies is learned step by step to become, one day, an experienced trader.

How to start trading?
you must first learn the basics of finance and the stock market. There are many online resources, such as books, blogs, videos or training courses, that can help you acquire the necessary knowledge. You must also choose an online broker , who is the intermediary between the trader and the financial markets. The broker must be regulated, reliable and offer services adapted to the trader's needs (trading platform, analysis tools, transaction fees, etc.). Finally, you must open a trading account and deposit an initial capital, which will be used to carry out stock market transactions.

Once these steps have been completed, the trader can begin to analyze the markets and develop his trading strategy . There are two types of analysis: technical analysis and fundamental analysis . Technical analysis consists of studying price charts and mathematical indicators to identify trends, supports, resistances and buy or sell signals. Fundamental analysis consists of evaluating the intrinsic value of a financial asset (stock, currency, commodity, etc.) based on economic, financial or political data. The trader must choose the type of analysis that suits him best according to his profile, time horizon and risk appetite.