Advices

Beginning trader?

We've put together some basic tips for you before you start trading.

  • 1

    BE CLEAR ABOUT YOUR GOALS

    Set a clear trading goal and plan before starting. Determine how much money, time, and effort you're willing to invest. Whether it's a hobby or a source of income, having a well-defined goal and timeline can help you achieve success faster.

    If you find it difficult to determine your own goals, a personal manager, who was assigned to you after you opened your account , can help you.

  • 2

    UNDERSTAND THE MARKET

    Before you start trading, it's crucial to understand the market and its complexities. Learn about the factors that influence the market, such as economic news, political events, and global trends.

    ● You can learn the basic fundamentals of financial markets in our Education section.

    ● You can follow news and events in the News Room section.

    ● Also, don't forget to use the Economic Calendar.

  • 3

    MANAGE YOUR RISK

    Risk management is an essential aspect of trading. Use Stop-Loss orders to limit your losses, and don't risk more than you can afford to lose.

    Our platform allows you to open pending stop orders, such as Stop-Loss and Take-Profit, allowing you to control your risks. Also available to you are orders such as Buy/Sell Stop, Buy/Sell Limit and Trailing Stop.

  • 4

    STAY UP-TO-DATE

    Keep track of market news, economic reports, and other events that may impact your trades. Use technical analysis tools to identify trends and potential opportunities.

    Use our free Tools, News Room, Economic Calendar and Analytics.

  • 5

    CONTROL YOUR EMOTIONS

    Trading can be emotionally challenging, and it's essential to keep your emotions in check. Avoid making impulsive decisions based on fear or greed, and stick to your trading plan.

    For a trading plan and strategy, please contact your account manager after opening an account.

  • 6

    USE LEVERAGE WISELY

    Leverage can amplify your profits, but it also increases your risk. Use leverage wisely and avoid overtrading, as it can lead to significant losses.

    ● You can learn how leverage works from our Training Courses.

    ● To find out what sizes of leverage are available, click here.

  • 7

    DIVERSIFY YOUR PORTFOLIO

    Don't put all your eggs in one basket. Diversify your portfolio by trading multiple assets across different markets to minimize your risk.

    Our company offers access to a huge number of assets for this purpose, as well as technical features on the Trading Platform, such as multi-window functionality.

  • 8

    KEEP A TRADING JOURNAL

    Keeping a trading journal can help you track your progress, learn from your mistakes, and refine your trading strategies. Write down your trades, the reasons behind them, and the outcome.

ENJOY PRO TRADING

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