Kardec Trader explains how to start trading: learn to read the order book, paper trade for months, then go live with $1,000 to $2,000. Don't fund a big account right away or you'll lose it all.
Avoid following these patterns, avoid following basic things that people follow. Hey, these are support levels, these are resistance level. I think go into the fundamental of understanding the relationship between buyers and sellers. I would understand the order book. What is the order book? How does the order book work? How does it showcase the relationship of buyers and sellers? You need to understand the context and then understand the relationship of buyers and sellers. Before you go on and take on a trade. You can practice all of this on like a paper trading account. So you can go open up an account, take fake trades. It's just fake money, just in practice. So I would recommend someone to do that first for a couple of months and then start with a very minimal amount, even like a thousand bucks or 2,000 bucks, and just start practicing for four months, five months, and just get familiar with the concepts before dumping in a lot of money. Yeah, I think the biggest mistake people make is they, they open an account, they fund 10, 20, 30,000, looking to make a lot of money, and they blow it, which is what's going to happen.
