Random thoughts with constructive ones come across very often to my mind, about business,finance,politics and economies. These thoughts form a very important part of my blog. Hope you enjoy reading them :)
Friday, June 08, 2007
Advise for New investors
I have been into the trading foray for quite sometime and have gone through it all , losses and profits.
An advice for new traders is learn the trading basics right before venturing into actual trading with their own money ,secondly closely watch the markets , for example , if you are interested in currencies keep a track of the most traded currencies for a month or even longer untill you are confident enough . Then the third step would be to discuss your findings with someone who is already a very good trader in order to get an idea, also update yourself with the latest news. Lastly search for a site where you can actually go and demo your trading skills . I can suggest a website I came across during my constant search, click here to go to it's learning center and also open an account with them , it is free , and this is the best place for a new trader to play and learn .
All the best to all the new comers into the trading world, I hope to stick around for some more time so that if anyone needs any help or advise I am here ,
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