Yep, you read that right!
We put together the 5 basic steps you need to enter the trading world, whilst providing you with special tips for the ultimate trading experience.
Let’s dive in!
With today’s technology at our fingertips, anyone can trade. Literally, the very first thing you need is a smart device. You’re probably reading this article on one, such as your phone or laptop!
So, you got your smartphone/laptop ready, you got a pretty good WiFi connection too. What’s next? Well, learning the basics before you “jump right in” the trading boat would be the wise thing to do. NAGA for instance has an extraordinary rich pool of educational content such as videos, webinars, seminars, workshops, e-books etc.
Usually, traders pick a broker based on certain criteria, such as its customer support, software, community, educational material etc. Fun fact, at NAGA we offer all of this stuff and more ;)
Anyway, you should be able to choose a broker that offers you everything you need, not only in terms of quantity but, most importantly quality. After all, the first thing you should invest in is yourself and your knowledge.
We know the title sounds a bit harsh at first, but hear us out! The ability to control your emotions can work wonders when trading. It’s very important to “keep it together” and be focused when trading. Don’t let your ego take over your decisions!
So you did your research, watched educational videos, went through some e-books, bla bla bla. What happens next? Well, this is where you put everything you learned into “action”.
Check out our next article to find out how to buy, sell, secure potential profit, and protect your funds as much as possible!
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NAGA is a trademark of The NAGA Group AG, a German based FinTech company publicly listed on the Frankfurt Stock Exchange | WKN: A161NR | ISIN: DE000A161NR7.
The website is operated by KEY WAY MARKETS LTD a Company limited by shares that is formed and registered under the Laws of the Abu Dhabi Global Market (“ADGM”) under license number 000003041, authorized and regulated by the Financial Services Regulatory Authority (“FSRA”) with Financial Services Permission Number 190005, having its registered offices at Office 2, 21st Floor, Al Sila Tower, ADGM Square, Al Maryah Island, Abu Dhabi, United Arab Emirates (“the Company”).
The Company is authorized to provide financial products and services to Retail Clients and to persons who meet the qualifying criteria of a Professional Client as defined in the ADGM Conduct of Business Module. Partner Company: NAGA Markets Europe Ltd, authorized and regulated by the Cyprus Securities and Exchange Commission ("CySEC") under license No. 204/13 with registered address at Agias Zonis 11, Limassol, 3027, Cyprus.
RISK WARNING: Trading leveraged products (CFDs) and real shares involves significant risk, including the potential loss of your initial investment, and may not be suitable for all investors. Before trading or investing, you are strongly advised to read and ensure you understand the relevant Risk Disclosure and warnings included in the Company's legal documents section. There is a substantial risk that you may lose all of your initial investment when trading or investing. We recommend that you carefully consider whether trading leveraged products or investing in shares is appropriate for you in light of your personal circumstances, and ensure you fully understand all associated risks before proceeding. 24.46% of retail investor accounts generate profits when trading leveraged products with this provider. Trading with NAGA Trader by following and/or copying or replicating the trades of other traders involves high levels of risks, even when following and/or copying or replicating the top-performing traders. Such risks include the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Before making an investment decision, you should rely on your own assessment of the person making the trading decisions and the terms of all the legal documentation.
Disclaimer: The content on this page is for informational purposes only and is not intended as a recommendation or advice. Any references to past performance, emulated performance, or forecasts in the Company’s advertisements are not reliable indicators of future results. Customers are solely responsible for their own business decisions or investments.