How to start online trading

For beginners, we can recommend the following process. Study available free information from this manual, from recommended and other web sites. Pass the "Online Trading School", seminars, and consultations. Learn this business on the Demo accounts in the form of professional demo trading with understanding the aspects of this business, risks, account management, knowledge of the differences between the Demo and Live trading. Try with adequately high venture capital (5 -; 10 thousands USD) your acting at the Live accounts. Try to understand the functioning of the markets, exchanges and emotions. Learn how to manage your risks and trade in accordance with the principles of profitable and safe trading. If you have sufficiently high venture capital, try to use bigger Live accounts, but always trade adequately and safely. Exchange the experience with other traders, but to not let them to influence your thinking and processes. Online Trading is very individual business and profitable and long time strategies are always the reflection of the personal profile of the trader. Allow yourself possible losses and failures.

If you do not try it, you would never know if this business can be functioning for you too! If you will be in the beginning of your trading very successful, be careful. Do not risk and higher your risks do not change successful strategies. If your beginning will be bad, you have to be very emotionally resistant and bear the failures too. Many successful traders confirm the fact, that the way for log-term success is difficult and also their beginnings were complicated. That"s why you should give yourself the chance for second attempt...If it will work for your benefit; you give yourself the chance for prosperity and financial freedom. If you risk too much or make on the exchange non-qualified processes from the nescience and then you lose your money, you will regret in future, because you can lose all your money before you are prepared and let"s say skilled for this business. That"s why you should be cautious and ponderous! This business needs you to de prepared; you should learn how to make this business profitably and safely. Do not lose your money at the markets, but let the markets to earn money for you. Trading on the exchange is capitalism, hard and relentless. It is all about money. It is not a charity or an institute of social benefits. It is the making money machine for competent individuals, who understand, how the machine is functioning. We believe you will carefully consider your situation and possibilities and the process, hoe to start...We truly wish you a lot of success!

The process of learning is individual for each trader. Someone is able to start Live Trading in 1-3 months, someone after a year. Get a quality education and informational service on Your way to prosperity of Online trading!

And a couple of fundamental notes for the start:

Find your aproach to the profitable speculations on the Stock Exchange. You can just play on the Exchange, simply try it. On the Stock Exchange, it is possible to play a hazard game or smartly manage your investments. The minority of Stock Exchange participants makes money at the expense of the majority. It is up to you, what are your motivations, how is your capital risky and what approach will you choose. Nevetherless, we would like to remind a couple of options, how to learn managing your investments long-term profitably and relatively safely:

1. Clarify your motivations, why do you want to manage your investments on the Stock Exchange and why do you want to take responsibility into your hands.
2. Plan the process of learning and training on the Stock Exchange. Consider your time possibilities and trading times a activity on the Stock Exchange.
3. Learn the trading principles and principles of exchange speculations for free in the conditions of Demo trading.
4. Learn to use appropriate informational sources, learn the basics of speculations or possibly analysis of Stock Exchange markets and price developments.
5. Don"t forget that specualtions have a nature of probabilistic trading. You want to learn to predict future price development with the highest possible level of probability and profit on this development.
6. Don"t exaggerate it with an access of analysis and studying informational sources. The 80/20 rule applies more there anywhere else in speculations. 20% of information, knowledge and sources will give you 80% of success.
7. Carefully choose your exchange account provider, prefer conditions, service, market liquidity, quality of trading platform. We love Goldstar :-)
8. Learn the Long and Short Trading. I.e. Stock Exchange speculations in the environment of rising and declining prices of various assets.
9. Understand current, short-term and long-term market situations, trends, price barriers of the market and speculate only if the markets are understandable and predictable for you.
10. Learn to understand the correlations between individual markets (Shares, Commodities, Forex) and trend synergies. Simply just study your exchange basis :-)
11. When transiting on the Live account, be aware of fundamental differences between Demo and Live trading. Demo is a software simulating the Exchange environment with real prices of current markets. Conditions can be different, depending on liquidity, trading time and other real exchange conditions, when trading on Live accounts.
12. Painful preparation and training makes for easy ultimate performance. This saying is quite opposite in trading, be aware of that.
13. Stock Exchange results are 80% dependent on personal abilities and characteristics of speculator, mainly on abilities to manage your emotions, discipline and tactisc.
14. Stock Exchange results are about abilities to respect the principles for Risk management, principles for safe and profitable trading. It relates less with abilities of studying informational sources and with a complexity of Stock Exchange analysis.
15. Try your Demo trading practise according to principles for professional Demo trading, which are described on this website.
16. For your Live trading and speculations on the Stock Exchange use only the Risk capital, which potentional loss won"t affect your living conditions and standarts.
17. If you have enough risk capital, open an account with higher capital so that you have approximately 10 000 EUR/USD on CFD or Forex trading with 1 Lot. When trading with smaller account, you take higher risks and have less possibilities for effective Risk management of open trading positions (Management of Open positions).
18. When trading, always observe the principles for safe trading. Trade with few Lots (1-2 according to the financial efficiency) on each 10 000 of operational capital.
19. Understand the terms financial leverage and financial efficiency. Avoid trading with financially aggressive assets within your Live speculations, though they are are on the platform. They are intended rather to great, professional and institutional reinsurers.
20. Learn to open your positions on the Exchange effectively using Market Order instructions in the conditions of less liquid markets using the orders Entry Stop & Limit Order or OCO.
21. Learn analogically to close positions using Close, Stop or Limit instructions.
22. Secure your profitable positions by Stop order, secure profits by Limit type order in the case of absence.
23. Don"t forhet that the price development on the Stock Exchange is cyclical and the prices are often repeated. Don"t panic in case of temporary losses, but you have to risk a few Lots to a ratio of disposable account. Secure all your profits continuously.
24. Don"t forget about the key learnings of professional speculators, who know, that:
    • More than 90% of all positions, which you open on the Stock Exchange in line with short-term, middle-term or long-term sentiment will sooner or later reach smaller or larger profit. Adjust your trading strategies to this fact and focus on withdrawing the profits from Stock Exchange speculations.
    • More than 90% of all positions, that you open on the Stock Exchange will, because of variety of reasons, sooner or later reach the smaller or larger loss. Therefore secure possible profits, don"t panic from temporary losses. Understand the market possibilities on both sides. That"s what is the Management of opne positions about. Reasonable approach to risk management of strategies.
25. You can realize your speculations as individual traders on the basis of your knowledge strategies and procedures. You can act as institutional investor (company, e.f. from Offshore :-), you can start your Hedge fund (we would be pleased to advise you how to do it...).
26. For your speculations on the Stock Exchange, you can use WinSignals informational service and work with Exchange signals with 80 - 90% success rate. If you add your smart Risk management, your speculations can take only couple of hours per month...
27. If you have sufficient capital, if you feel like qualified investors on the Stock Exchange and you don"t have a time then there is an option of WinAccounts, accounts managed in the Goldstar environment according to WinSignals.
28. Whatever stratege or approach you choose for the speculations on the Stock Exchange, note, that it is only you, who take responsibility for the money and results in this type of investment. Broker, market maker, platform provider, Trading Agent (Account Management) or any other participants don"t take any responsibility for Your money or decision-making. The standart part of any agreement is always a document of "Disclaimer and Risk Disclosure" type.
29. Join the 10% of winners on the Stock Exchange, who make 90% of all money of all other market participants. It might be worth it!
30. Please note that sleculations on the Stock Exchange enables intelligent, relatively safe and long-term profitable money management with minimal tax burden. It is technically and legislatively the most easiest business in the world, with possibiity of multiplication of capital, with using the compound interest. In little time, a lot of money.

How do you take the Stock Exchange, Stock Exchange trading or speculations, that is up to you. Choose professional approaches, patience and discipline. We wish you a lot fo success. Currenty, we can recommend these informational sources:

Website www.TradersNo1.com/cz

Stock Exchange signals with 80 - 90% success rate www.WinSignals.com

CFDs a Forex Trading na www.Goldstarway.cz

Informational material about CFDs and Forex Exchange for free

WinSignals Manual for free - not only about WinSignals. Many useful advice about Riskmanagementu...