Mar 11 in General Discussion 💭
Beginner to Your First $1000 Trading🚀
If you’re a beginner, here’s a few steps I recommend you take to get to your first $1000 in Trading
- Learn The Trading Basics 📚
Gotta learn the foundational things that you’ll need to start trading in the markets
Basics to Learn
- What is the stock market?
- What is Trading?
- What are Futures?
- How do I Trade Futures?
I recommend beginners learn how to trade futures instead of options to learn FASTER
2. Pick A 🔥 Trading Platform
This is basically your bank account that you trade from & look for💰making opportunities
Here’s the Platforms I recommend:
- Tradovate (enter trading positions)
- TradingView (chart for💰opportunities)
You don’t need both but I recommend it to make trading simpler for you starting out
3. Pick a Trading Strategy 📊
This is a plan used to find and enter trading positions that can make you money. The Strategy that I use is called “The Strat”
How to Trade the Strategy
- Learn what the Strategy is
- How to Enter Trades using the Strategy
- How to Exit Trades using the Strategy
- Make a Demo Trading Account
- Start Practicing using The Strategy
If you want to learn my trading strategy for access the Free Course in the “classroom” section
4. Pick Your Starting Amount 🧐💵
How much are you going to start trading with?
How Much do I Need
- Start with $500-$1000
- Bare minimum, start with $150 to $200
- Deposit the Money in your Account
Start out small when you first start out; don’t focus on making money, focus on the skill
5. Start Trading Live 💻📊
You’ve dialed in your strategy from practicing trading, now you’re going to trade live in the real markets still using the same strategy
Trading Live
- Risk 5-10% of your account per day
- Enter Trades based on your Strategy
- Exit Trades based on your Strategy
- Review your Trades & Document them
- Keep Learning. Keep Practicing. Grow
Start out small when you first start out; don’t focus on making money, focus on the skill
And most important of all…
6. High Reps, Keep Trading & Learning 📈🚀
Yes, you’re going to lose some trades
Turn Losses into Profit:
- Follow your Strategy to the T
- Review your Loss (Did I follow my rules?)
- Learn from it (How can I do better?)
- Keep Trading with New lesson Learned
- Start EARNING from your improvement
Guarantee if you follow everything in this post — your growth would skyrocket 🚀
if you have any questions, drop them down below so we can help you along this journey👇🏾👇🏾
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Beginner to Your First $1000 Trading🚀
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