The exchange is the platform where transactions are made and sales and purchase agreements are concluded. In order to conduct successful trading, you need to be very well versed in all the intricacies and nuances of the laws of the market, strategies and methods of behavior, as well as rely solely on logic and analysis.
Instructions
Step 1
Before starting this activity, open a bank account (if you don't have one). Put on him a certain amount of money that you will use for this purpose. Keep in mind that this should not be your last money.
Step 2
Transfer money from a bank account to a brokerage account. Remember that in order to trade successfully, you need to thoroughly study the basic strategies. These are Long Calls, Covered Calls, The Strangle, The Straddle and others.
Step 3
Learn to analyze the market. There are several ways to analyze. Technical analysis involves the use of computer programs. He is very popular with players. Fundamental analysis is used by players with an analytical mindset and deep knowledge. These people consistently win substantial sums of money. An intuitive way is available to those people who have tremendous experience of successful trading on the stock exchange and can instantly assess the market situation and make the right decision. It is the highest rung of fundamental analysis.
Step 4
Remember that gambling has nothing to do with gambling at a casino. Never rely on luck. All your actions should be weighed, thought out and carefully analyzed.
Step 5
Learn all the time. Follow the actions of professionals, study their behavior and draw conclusions. Don't make hasty decisions. Develop an action plan. First of all, you need to preserve your capital, then increase it, and then get a good profit.
Step 6
There are several well-known trading methods. The first is to double the amount after each loss. If you bet 2,000 rubles and lose, next time you must bet 4,000. If you fail again, bet 8,000. Win following a loss will compensate for all your losses and make a profit.
Step 7
The second way is based on opposite actions. If you lose, lower the rates, and if you win, raise them.
Step 8
Knowledge of strategies and constant market analysis, combined with basic techniques, minimize the risk of losing.