How to trade in the stock market. How to start trading on the stock exchange: Step-by-step plan

Inexperienced traders think that trading in the stock market is a tricky science, accessible only to a select few. But in fact, understanding it is easier than it seems. All you need is to stock up on money (at first a small amount is enough) and spend some time on self-education. Moreover, you will learn the most basic information about how to trade stocks today - from this article.

Stock trading: where to start

If you want to become a successful trader, don’t throw yourself into the deep end. Your task is to sequentially go through seven important steps:

1. Obtain basic knowledge from reliable sources. First, you need to get acquainted with the principles of operation of stock exchanges and the basics of technical analysis, and then study quotes and other characteristics of financial instruments directly on the websites of trading platforms.

2. Choose a market to work on: Russian or foreign. Among foreign markets, the American one is considered the most promising.

3. Choose a broker and open an account. You cannot do without an intermediary - individuals do not have direct access to exchanges. There are two ways to conclude an agreement with a broker: in person at the company’s office or remotely through the State Services portal. Immediately after the conclusion of the agreement, a brokerage account will be opened in the name of the future investor.

4. Install a trading terminal on your computer. To learn how to trade stocks, you need special software. The choice of a trading terminal, as a rule, depends on the choice of broker - each of them offers its own version of the program. You can do without a terminal (we’ll tell you how below), but most traders prefer to trade this way.

5. Perform a trial trading operation. For example, the Moscow Exchange website offers novice investors to connect to a test trading server and make their first deal in trial mode.

6. Select an object for attachment. You should invest in securities of those companies whose risk of bankruptcy is minimal.

7. Buy shares. To get started, you need to deposit the required amount into your brokerage account - through a bank cash desk or online services. Once the money is credited to your account, you can start trading.

Before you is a general plan of action. Now let's talk in more detail about the most important points.

How to get basic knowledge?

You can get information literally from anywhere: from books, specialized forums, seminars, video tutorials and articles. And the best thing is to combine all of the above.

The main tip for dummies who want to learn the secrets of stock trading is to master the basics of technical analysis. This is a base that you can’t do without. Anyone who masters technical analysis makes much fewer mistakes in the process.

There are many useful books on the basics of stock trading. For example, by A. Elder, W. J. O'Neill, L. Goch. And finally, the easiest way to learn how to trade stocks is to watch video lessons for beginners, which cover all the questions that interest beginners in simple and understandable language.

Selecting an attachment object

How do traders decide which stocks to invest in? Conduct technical or fundamental analysis of the stock market. Both of these approaches have the same goal, which is to make a profit. But nevertheless, there are significant differences between technical and fundamental analysis.

Traders who use technical analysis methods in their work study charts of market price movements, look for patterns and, based on them, determine the moment to buy or sell shares. At the same time, they don’t care where the market is moving: they can make money both on rising and falling prices.

Fundamental analysis works differently. Traders who use it do not need charts. Their main goal is to find a dynamically developing company with sufficient financial stability. It is also desirable that the shares be undervalued by the market, that is, their market value is lower than their real value. Investors using fundamental analysis look for long-term returns (minimum 5 years). Therefore, they carefully study the company itself: its niche in the industry, financial stability, development prospects, and so on.

How to choose an exchange?

Shares are bought and sold on stock exchanges. Those, in turn, are trading platforms whose main activity is to provide optimal conditions for the circulation of securities, determine their market value and maintain high professionalism of market participants.

There are about 200 exchanges in the world, but the largest ones are only a few dozen. Among them are the Moscow and St. Petersburg exchanges. The main difference between them is that Russian shares are traded on the Moscow Exchange, while American shares are traded on the St. Petersburg Exchange.

You can trade shares on both exchanges from one brokerage account. As a result, portfolio management, diversification, and transferring money from exchange to exchange becomes much easier.

Transaction methods

How to buy shares on the stock exchange? There are three main ways:

Via the Internet. In this case, a trading terminal provided by the broker is used. The software must be installed on the investor's personal computer and configured properly.

By phone. In broker slang this is called “voice orders”. After concluding an agreement, the brokerage company provides the investor with a list of voice passwords and a special multi-line telephone number. When a person wants to make a transaction, he dials the required numbers, states the brokerage agreement number and password, and then, when authentication is completed, voices his order.

Via web interface. This is almost the same as a trading terminal, but the functionality and interface are simpler.

How and where to monitor stock prices?

Quotes of Russian shares are presented on the Moscow Exchange website. True, changes in their prices are displayed with a slight delay of a quarter of an hour. But for long-term investors this is not critical. And those who make many transactions a day monitor quotes through the trading terminal.

Are you afraid or don’t have time to study?

There is also a way out of this situation. Especially for those who want to invest, but are afraid to do it themselves, there is a trust management service. Its essence is that the selection and implementation of a trading strategy is not carried out by the investor himself, but by a specialized company acting on his behalf and in his interests.

In this case, all that is required from a private individual is to enter into an agreement with a management company and deposit a certain amount of money into a brokerage account. The company, in turn, will regularly provide reports with which the investor can monitor the condition of his assets. The cost of the trust management service is an agreed percentage of the profit on shares.

With free money, more and more people are beginning to think about the possibility of investing and increasing the turnover of their capital. The most common way - starting your own business - requires a large amount of initial capital and personal participation. These circumstances limit the desire and capabilities of many. Thanks to the development of the Internet and computer technology, today everyone has the opportunity to invest in the financial stock market by trading securities and shares via the Internet.

Why stock trading? Unlike the FOREX market, trading in securities, due to its characteristics, is considered more predictable. Behind each financial instrument of the securities market there is either a specific enterprise or a group of enterprises, which makes it possible to take into account not only macro, but also microeconomic indicators. For example, Apple shares at the beginning of 2011 were worth around $300, and by September 2011 they reached $420. Many analysts expected shares to rise due to the release of a new product line, and speculators were able to make good money by investing in the securities of this company.

Before the widespread development of the Internet, the cost of entering the financial stock market was high, and investors directly purchased shares of the desired company. Now trading is carried out not so much by the shares themselves, but by the price rate of these same shares. New exchange instruments have appeared, which are called contracts for differences or CFDs (English Contract For Difference). At its core, when buying CFDs on certain securities, you purchase the same shares, but without a tangible medium (paper), and have the opportunity to sell them at any time and make money on the price difference.

The emergence of CFDs made it possible to significantly reduce the cost of entering the stock market, since transaction costs for their acquisition were reduced in the same proportion. Also, a big advantage of CFDs from “material” shares is the ability to play on the downside, which is impossible with traditional trading.

Thanks to the changes described above, active trading in securities and shares, so-called Internet trading, can be carried out with a small initial capital of $1,000 or less. For example, in FOREXCLUB Group of Companies, to trade securities, it is enough to have a minimum deposit of 300$ . At the same time, a wide variety of instruments will be available for trading: stocks, financial indices, metals, energy resources, etc. – as well as a modern trading platform, prompt technical support and excellent trading conditions.

Now, in order to buy securities, it is enough to open an account with FOREXCLUB Group of Companies and install a trading terminal. Of course, investing in securities and investing in shares require certain knowledge and skills. To hone your trading skills, it is possible to work on a demo account. And to get the basics in the field of investing in stocks and securities, there is the opportunity to undergo training at the International Academy of Exchange Trading (IABT) of the FOREXCLUB Group of Companies.

A modern person has a unique opportunity - to make money work for themselves, without having a large start-up capital. Don't miss your chance!

After trading on the stock exchange for some time, and not getting any results, the trader begins to rethink his trading, and goes deeper and deeper into the question: how to trade on the stock exchange correctly. In this article, we have collected methods and tips that, if followed, can help you trade more effectively on the stock exchange.

You will learn when it is better to enter and exit a trade. We'll show you how to properly manage your position to best protect yourself from excessive risk and maximize your trading profitability. All methods are universal and applicable to any exchange and any financial instruments. Study the information in this article and you can significantly improve your trading!

To follow the right approach in stock speculation, you need to be clear about your capabilities and be moderate in your expectations. Now we will tell you what we mean.

Decide how much time you are willing to devote to trading. Will you be able to follow the market throughout the day? Depending on the answer to these questions, choose the time frame on which you will trade. When making transactions, concentration on the process is necessary. Be aware of this.

If you work, we recommend trading in your free time from work and business, so that no one and nothing can distract you. Any interference can lead to unnecessary turmoil and nerves. Trading should be carried out in complete comfort. Trading already has enough irritants :)

Amount to trade

We are deeply convinced that for trading it is better to have a deposit that is at least minimally significant for you, but not too large. Traders call such amounts “comfortable” for trading. The potential loss of your deposit shouldn't have a huge impact on your finances. If you have too much money, you will be very nervous when making transactions. And in this case, trade will be very tense and tight.

Now it's time to talk about how to trade correctly to minimize losses and make profits. We will talk about trading methods and techniques.

Preparing for trading. Transaction planning

Before trading, review the market for trading instruments that have potential for movement. Take the entire list you are trading and go through it. It will help you calculate the possible price movement. Look for , which may foreshadow a continuation or reversal of the trend.

Oscillator divergences can also help you identify turning points in price movements. The RSI and MACD histogram indicators are quite suitable for searching for divergences. We described trading methods using them in the article: “” and in the article ““. Study them, all the tricks and methods of trading are described in detail there.

Graphic constructions will not be superfluous. Identify significant ones to take them into account.

Be sure to check the economic calendar to know what market statistics will be released for the day. It is located at.

Pay attention only to really important news, they are classified in the calendar by three bull heads. You will not need the statistics themselves, as such. You only need to know time of their release. Because with a 99.9% probability, during the release of statistics, activity in the market will increase, and you will be ready for it. Make notes or set a reminder for the release time of important news in order to adjust your positions and orders if they are in the market at that moment.

Before the news comes out

• Completely close the deal.
• Close part of the transaction and leave a stop order for the remaining volume.
• Leave a trade with a stop order for reasonable level*.

* By reasonable level we mean the nearest local maximum or minimum. We talked about this in detail in the article ““. We recommend that you read it if you have not already done so.

An example of a position before a news release, when the price is close to the sell point

These measures are aimed at optimally minimizing the risk, because Risk is the only thing in trading that a trader can control.

Before important news comes out never remove or move stop orders away from the initial set level, as traders with little trading experience like to do. This can significantly worsen your trading position.

Let's look at an example of how price can behave after release news, and what we recommend doing in this situation. Let's assume that a trade is open, and important statistics will be released any minute.

After the news came out

There are four options for price movement after the release of statistics:

1. The price sharply rushes towards the open transaction, instantly bringing the position into profit:

In the case of this price behavior scenario, it is necessary to immediately reduce risks. This is done by moving the stop loss to at least the breakeven point.

2. The price moves sharply against the open position:

The clearest example of the benefits of stop losses. If a trader does not limit losses on transactions in any way, then his days in the market are numbered. It's only a matter of time. Always place your feet. The stop should not be in the head, as many people like to do, but in the terminal. We don't think you'll want to check these deplorable statistics on your money again.

3. The price sharply rushes towards the open transaction, but then just as sharply turns back and goes against:

Typically, this scenario occurs when several news items are released at the same time. Accordingly, the market reacts differently.

4. The price has changed slightly and remains +/- in the same place:

This situation occurs, but much less often than an active reaction to the news.

What to do if you have no open trades before the news

If important market statistics are expected and you plan to play them back, we recommend being very careful. And what you definitely shouldn’t do is submit pending orders. They can play a cruel joke on you. Let's show with an example:

A classic case when a spike knocked out an order, a position was opened, and the price sharply went back. Most often, as in this example, it is the outer candle that performs such tricks. Read to know the strategies, how to trade them and to be prepared.

A beginner will receive a big loss on such a deal, because... will probably not be able to place a stop loss, and will watch how the minus rapidly grows on the trading account. Therefore, we recommend not using deferred applications before the release of statistical data. But what to do if you really want to trade news?

To do this, you will have to switch to the minute timeframe. This is due to the fact that there will almost certainly be an opportunity where to attach a reasonable stop loss. And this is the most important thing, because... trading must be done with risk:

1. Let's switch to the minute timeframe.
2. We are waiting for the first minute candle to close (the market’s emotional reaction to the news will pass).
3. We open a trade and at the same time, instantly, set a stop loss for the nearest minimum/maximum, depending on the side of the trade opening.

All! This is the simplest and most correct way to trade on news using trading techniques.

Now there is an important note to make when trading before news, after news and the news itself.

If you are hit by a stop loss, then close the terminal and do not trade anymore. Most likely, the market will then be too complex and confusing to trade, and you may end up on tilt (overtrading) and incur significant losses.

Trading techniques and position management

An important link in trading, in addition to transaction planning, which was discussed above, is execution technique and position control. Let's look at an example of how the technique is implemented when opening a transaction, and further maintenance of the position.

A double bottom reversal pattern is formed on the price chart. For now this is an assumption, because... There is no resistance breakdown yet:

As soon as you discover a potential formation, you should immediately place pending orders to break through its support or resistance. In this example, to work out the figure, a resistance breakdown is needed, so we place a pending buy order.

If the figure is processed, the deal will be opened. If not, then out of the market. Let's look at the developments:

The price breaks the resistance level of the figure and activates a buy order. It is advisable to immediately set a stop loss at a reasonable level, which will be at the nearest local minimum. You can also postpone the goal and wait for its fulfillment. You can read how to define goals in the article ““.

But we must not forget that figures are not a panacea, and there are times when they do not work. You should consider the figure not as a signal that must be fulfilled 100%, but as a consolidation, after which, Maybe, there will be an impulsive movement. Therefore, if the figure does not work, there is a stop loss for this, which will prevent you from losing more than planned.

After entering a trade and setting a stop loss, the trader’s primary task becomes: reducing risk and bringing the trade to breakeven. And only then - profit goals. Because if the price movement scenario is predicted correctly, profit will not be long in coming and will be a consequence of proper planning.

Position control algorithm:

1. Entering a trade and setting a stop loss at a reasonable level.
2. Moving the stop loss if the price moves towards opening a position.
3. Moving the stop loss to the break-even point of the position (to the opening price of the transaction).
4. Fixation of profit according to the target of the figure or in parts as the price moves.

Let's focus on the fourth point. Now we will explain why and how to do this. When you take profits as the price moves, you reduce transaction risks and free up volume for opening positions on other instruments. You can close it in parts, for example, at the breakdown of previous highs or lows, depending on whether the market is falling or growing.

It looks like this:

Please note that this is a very effective position management method that will help you trade the stock market as accurately as possible. Be sure to take it into your arsenal!

We could give many different examples, but the article is already too long :) If you want to learn more, then sign up for training. We will teach you many working methods and tricks.

If you have any questions about the material, welcome to the comments! We will be happy to answer you.

Good luck in trading!

Leading broker in the FOREX market -

Good afternoon, dear friends! The author of the blog, Ruslan Miftakhov, is in touch as usual. In today's article I will talk about the stock market for beginners. Beginners can sometimes underestimate how serious everything is here.

Therefore, I want to talk about the principles of working in the stock market, how to start trading correctly so as not to end up at a loss. This topic will be useful not only for beginners, but also for people who already have some knowledge in this area.

The first thing you should start with is to understand the concept and essence of the stock market, as well as its basis.

And so, the stock market, which is also called the securities market, is an important part of the entire financial market, since all securities are traded here.

Any active company that strives to achieve further success needs to attract additional financial resources (thanks to a bank loan, issuing securities).

All options for obtaining income from securities are associated specifically with the stock market - a place for attracting and redistributing money between companies, economic spheres and participants in the securities market, which form its basis.

Participants in such a market are classified:

• intermarket participants - are engaged in servicing the market (collecting the necessary information, conducting consultations, compiling ratings);
• intramarket participants - engage in activities with securities, and are divided into professionals and non-professionals (issuers of securities, investors).

Professionals have licenses to carry out their activities in the securities market, these include traders who conduct trading at a professional level, and organizations that create infrastructure (brokers, dealers, registrars, depositories, exchanges, clearing companies). Read what clearing is.

What do they trade here, what indices do they use?

The main financial instruments are:

• shares - ordinary and preferred (read the difference between them in);
• bonds (we also discussed their essence in the articles "", "");
• futures - futures contracts that require the mandatory completion of a transaction at previously agreed prices (gas, oil, currencies) within a certain period of time; (read more about futures)
• Options are futures contracts that give the right to buy or sell securities within a specific time frame with a profit. Read on to find out the difference between futures and options.

To assess the global processes that occur in the securities markets, stock indices are used that reflect the price movements of assets that are included in the calculation of a specific index.

The world's leading stock indices include: S&P500 (USA), FTSE-100 (England), DAX-30 (Germany), CAC-40 (France), Nikkey-225 (Japan), RTS and MICEX Index (Russia) and others.

Options for making money on the stock exchange

Today the number of people employed in this area reaches several million. And this is not surprising, since the stock market provides potential earning opportunities, and there are several of them, and each person chooses the most suitable one specifically for him.

Let's consider each of the existing options:

1. Trading is the most popular way of earning money, which is not limited by anything.

The main goal of a trader is to sell an asset at a higher price than the price for which he bought it. Transactions can be ultra-short-term, short-term and long-term.

Do you want the most effective trading platform? Then click on the button below, register and make transactions.

The main point is to determine where the price will go up or down and choose the right direction.

Minimum deposit 10$, minimum investment from 1$, withdrawal of funds within 24 hours.

In order to determine when to make a transaction and the dynamics of price changes for an existing asset, traders use various stock market analyzes (fundamental, technical), indicators, risk opportunities (leverage, bearish plays).

It is important to understand that some of the completed transactions will still be unprofitable, and in order to make a profit you need to ensure that the result of profitable transactions exceeds the losses received.

The better a trader develops his trading system (the correct choice of markets, financial instruments, trading times, testing the created system), the better results he will have. You should also always be prepared to constantly analyze and monitor the market, and change the chosen methods.

2. Earning money through trust money management.

People who do not have enough time, as well as the necessary knowledge, can transfer their money, investing it in collective investment, to special managers who are professionals in this field (remember, we discussed the topic in detail?), and lead bidding on your own behalf.

This means that the investor, having selected a successful manager based on special ratings, transfers his funds to his separate account, and at the end of a certain period receives a profit (or loss) from the result of his activities, in proportion to the amount of invested funds, minus the remuneration due to the manager.

3. Independent portfolio investment, which involves choosing a portfolio of promising stocks and adding risk-free bonds to it in ideal proportions to get the best result. In this case, the investor knows in advance the percentage of return on his selected assets.

Instructions for beginners to trade on the stock exchange

Starting trading involves going through the following stages:

Choosing a reliable broker through which the trader will communicate with the exchange. When choosing, you should pay attention to the trading conditions it offers, what educational materials it can offer, how transactions are carried out here and how quickly you can withdraw funds from your account.

• FinMax— the best broker for beginners;
• Binomo— the best broker according to readers;

Installing a special program on your computer (which is provided by the selected broker) - a terminal that will allow you to access the stock exchange online and carry out transactions.

Choosing a trading strategy and training on a trial (demo) account, which will allow you to test your strength and the chosen strategy on virtual, not real, money.

Opening a real account (only after you manage to make a profit on a demo account, and, according to the advice of experienced traders, double it!).

Real trading.

Tips for successful and profitable trading:

• correctly develop a trading system (we wrote above what it consists of);
• do not get carried away and do not be greedy, carefully think through transactions, be patient and disciplined;
• manage your losses;
• do not rush to immediately make a big profit;
• do not try to recoup an already closed deal;
• do not use all types of analyzes and graphs at once;
• do not neglect education, and constantly continue learning;
• Don’t deceive yourself and really assess your capabilities.

I hope that this article was useful to you and expanded your knowledge about the securities market and stock trading. I want to wish you good luck!

Best regards, Ruslan Miftakhov

It can be very difficult for a person who is far from trading on the stock exchange to take the first steps. Many questions arise, the answers to them have to be collected bit by bit on the Internet, unless you immediately find a good guide to the world of finance. An already established trader can shorten this path tenfold. But how to find it? Who can really teach you how to trade on the stock exchange constantly in profit in order to regularly increase your deposit? Some points will be clarified in this article.

Where should a newbie in trading start?

We are bombarded with Forex advertisements from literally everywhere - you can find them much more often than offers from brokers for trading futures and shares on the stock exchange. Why does this happen? The fact is that trading currency pairs on the international Forex currency market is available to literally all people. It can be started with a minimum amount of money. And in order to learn, you don’t need money at all - many brokers offer opening a demo account for an indefinite period. In the same way, you download the platform for trading and the quotes in it are the same as on a real account and all the functions are exactly the same, it’s just a virtual account, there is no real money on it. Therefore, if a person does not know how to trade on the stock exchange, he can try his hand without fear of losing his savings.

How long does it take to study on a demo account and when to switch to a real one?

Experienced traders have slightly different opinions on this matter. But everyone advises not to stay too long on a demo account, since trading on it is still different from trading in real life. Not the functions of the platform and not the quotes, there is a much greater difference between a real and a demo account - the psychological component. As a rule, learning the rules of trading on the stock exchange and learning how to use two or three popular indicators is not difficult. Many novice traders almost immediately begin to show good results on a demo account, but in real life they begin to lose money. Don't blame the broker for this. The main obstacle to stable earnings is the psychological aspect. By all accounts, work on psychology is never finished.

Opening a demo account does not oblige us to anything. Therefore, you shouldn’t think too much about choosing a broker at this stage. But later this choice becomes very important. On the Internet you can find a lot of advice for novice traders, a huge number of reviews that list the main points of trading conditions with different brokerage companies. They differ, for example, in the size of the initial deposit. The most democratic offer to open a cent account for 10 dollars. The money is very real, trading is carried out in cents or even fractions of cents. Of course, there is no need to talk about significant profits here, but a cent account can become a bridge when switching from a demo account to real trading.

Best markets to trade

When the first trading experience has already been gained and the price charts do not seem like gobbledygook with incomprehensible spikes up and down, you can think about better assets and a more careful choice of broker and exchange. Serious investors looking for the best ways to invest and increase their capital have a choice of three options: trading on the Russian, European and American markets. There are also more exotic options: India, Asia, Australia. In practice, few people seriously consider these markets. The reason lies in volatility, because the more volatile the market, the more profitable it is to work on it. In this sense, the European and American markets are considered the best. Although trading shares and futures on the Moscow Exchange is also very popular among domestic traders. There are many special educational materials on where to start trading on the MICEX exchange.

What is the best way to trade?

The choice is between stocks, commodity futures, options or currency pairs on the Forex market. Bloomberg broadcasts quotes for a huge number of financial products. We are talking about millions of shares. You can’t help but get confused when you think about where to start trading on the stock exchange. Is it realistic to trade all the offered assets? Of course not. Just to view them will take more than one month. Forex is simpler in this sense; it does not confront the trader with such a huge choice. Most brokers support the ability to trade several dozen major currency pairs. Of these, up to ten assets are the most popular: EURUSD, GBPUSD, USDCHF, USDJPY, USDCAD, AUDUSD and their crosses. As a rule, a person working in the Forex market manages to look at the main pairs before starting trading and select the most promising ones for the current day or week. Trading shares on the stock market requires a different approach.

Selecting an asset in the stock market

Even after the previous tips for novice traders on market segmentation, the list turns out to be quite an impressive one. And again, it is not clear how to choose from it what is best to trade. There is no clear answer to this question. Many traders successfully trade currency pairs on Forex. There are also those who believe that trading on Forex cannot be compared with futures and stocks, where the volatility is much higher and you can earn much more. We must not forget that high volatility is also a double-edged sword; it allows you to make good money, but you can also quickly lose everything. Much here will depend on the individual qualities of the trader: character, skills, personal preferences. If you have already chosen a trading option that suits you, all that remains is to work on improving your skills in this particular market segment. Believe me, the market always provides a large field for activity, and you can improve your trading results indefinitely. For beginners, a few tips on how to become a trader will be useful - they are collected in the next section.

Some of the following secrets of stock trading may seem elementary, while others may seem dubious, but all of them are sealed by the destinies and losses of millions of traders. Before becoming successful, everyone went their own way, usually through deposit loss and personal dramas:

1. Do not use all your savings for trading. Invest in a new business only such an amount that you can lose without drama or significant damage to the family.
2. Learn to take losses calmly; they should not disturb your sleep, just like successful days in the market.
3. Don't think about profit while trading.
4. Don't change your mind during the bidding process. Analyze the situation, make a decision that clearly outlines the moments of closing a position, both positive and negative, and do not retreat under the pressure of the market.
5. Learn to make your own decisions and not be fooled by the judgments of others. Trading is an almost intimate matter, you need to learn, but in the learning process you must develop your own trading style and your own strategy.

Sometimes it is useful for a participant in exchange trading to simply take a break from trading. Do not despair if nothing works out and all trades are unprofitable. It seems that the car has already received the information, but there is no point. If you find yourself in this, take a break. Forget about profits, don’t expect anything from the market. After a while you will return calm and balanced and everything will go like clockwork. This advice will be especially useful for those who absolutely cannot tolerate drawdown. As soon as the price goes in the wrong direction, your nerves begin to give in, the deal is immediately closed, and literally after a short time the price goes where you expected. A break for a couple of weeks will be of invaluable help in such a situation.

When will the first success come?

At first, trading will never become your main activity, even if you enjoy the process. There are different opinions regarding the timing of development, but all experienced and successful traders talk about years. Therefore, if you have just come to the exchange, you should not think that trading is not available to you if nothing is working out yet. Time must pass, without personal experience, the general opinion is that no matter how much you study, you will not become a trader. There are too many nuances in trading that cannot be perceived in a short time. Is it possible to become an engineer in six months? Trading is a profession that is equally complex and takes time. Of course, by undergoing training from a trader who has been trading successfully for a long time, your own process of development can be significantly accelerated. But it will take at least several months to feel confident on the stock exchange.

Minimum tools and indicators to get started

Try not to spread yourself across many assets at first, and use a minimum of indicators when trading. It's better to learn to use one or two of them, but study them thoroughly. This will be of more use than jumping between different strategies and different tools. The famous trader Alexander Elder, and not only him, advises using one indicator from different groups: one oscillator (for example, Stochastic or MACD), one trend indicator - Bollinger bands or moving averages, and one volume indicator. This is the minimum set that is always present on any platform of any broker. The general consensus is that even with this set of standard indicators, you can build many profitable strategies on different time frames and for different instruments. There is a lot of information on how to trade on the stock exchange using these indicators - if you thoroughly study the work of the main ones, success in trading will not be long in coming.

If you trade currency pairs, take one or two pairs to start with, no more. When the result is consistently positive, you can begin to gradually increase the number of tools. For those who trade stocks or commodity futures, the advice is also relevant: choose assets from the same commodity group that can correlate with each other. Let's give an example of how to trade stocks on the stock exchange using the correlation between assets. If in the group of legumes there is a clear increase in prices for all instruments except soybeans, it makes sense to prepare for sales on this product - it is obvious that at the slightest hint of a downward movement in the group, soybeans will be the first to rush down.

The following few tips can become the basis of a successful strategy, as they themselves provide valuable hints for opening positions. There are some patterns in price behavior depending on the opening of the current day or the close of the previous one. For example, if the price opened up, then with a greater degree of probability it will continue to go up. It is also recommended to open long positions if the price has consolidated above yesterday’s close and vice versa. This rule, in fact, applies to any time frames - if you scalp on minutes, you can also adapt it to your trading.

Choosing a trading style and timeframe

Now about timeframes, or how to trade on the stock exchange and Forex better - intraday, medium-term or long-term. The main task of a trader is to make a profit, what it will be is another question. There is no need to set yourself obviously impossible goals in the hope of receiving excess profits. Many beginners are interested in the question of how much interest can be “raised” in a week, month, or year. You shouldn't focus on this. At the first stage, it will be a great achievement if you learn not to lose your money. As for percentages, there are no clear statistics here. It all depends on the person, the strategy, the asset being traded and many other things. It is known that trading on small time frames can bring large profits in percentage terms, but it is exhausting, both physically and psychologically. Sitting all day under extreme stress - how long will it last? This approach can be beneficial for a short period of time, in order, as traders say, to “accelerate” the deposit to an amount with which it will be comfortable to trade in the future.

Over the long term, scalping or short-term trading can lead to exhaustion of the nervous system. Although there are people well-known in RuNet trading circles who do not change this trading style and receive visible pleasure and good income from it. If you have just come to trading and do not know the difference between a trader and a broker (a trader is a person who trades on the stock exchange, and a broker is a company that provides intermediary services for traders), do not try to conclude more transactions. Let it be one transaction a day, but a high-quality one. Imagine that you are a hunter tracking down your prey for a long time. Watch, watch, wait, and finally, at the right moment, “shoot” a profitable trade. This style of trading will bring satisfaction at first, and over time you will understand what you like best.

With a larger deposit, more opportunities

Finally, we will talk about how to become a trader and work without the participation of brokerage companies. Some beginners are immediately interested in such advanced questions. How to trade on the stock exchange without a broker if you are a trader with very modest funds. You need to immediately decide that such an opportunity exists only for those who own fairly large capital. After all, the broker not only gets rich from our losses, but also brings a lot of opportunities to traders: it provides quotes and leverage, thanks to which a trader with a minimum deposit can participate in trading. The broker gives you the opportunity to use its platform, already tailored to the basic requirements.

Many accuse brokerage companies of manipulating quotes - after all, they have all the orders of small traders in the palm of their hands. All this has a basis. Therefore, large investors are looking for an opportunity to enter the international market without the mediation of a broker. However, the starting capital for trading without an intermediary must be at least $10,000,000. It is clear that the vast majority of traders without the participation of a brokerage company would not have the opportunity to take part in trading.

However, you must understand that No Dealing Desk, as trading without a broker is called, does not guarantee that your orders will not be read. In fact, real trading without a broker is only available to very large investors who can spend a lot of money on the appropriate software and hardware and have millions of dollars to enter the market directly. Everything else - renting a separate trading server from a broker or any other options - does not provide any special privileges or advantages.