1. Trading Basics Explained
What is trading?
Trading is the buying and selling of assets such as stocks or currencies to make a profit. The goal is to buy low and sell high.
The difference between trading and investing:
Trading: Short-term, depends on daily market fluctuations.
Investment: Long-term, focuses on the growth of the asset over time.
A simple example:
If you bought a currency such as "Bitcoin" for $100 and sold it a day later for $120, you made $20.
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2. Risk Management in Trading
The idea: Guiding followers on how to protect their money.
Content:
Do not risk more than 5% of your capital in a single trade.
Use a stop loss to determine the maximum loss.
Do not trade under psychological pressure or after large losses.
Practical explanation:
Imagine that you have $1,000. Do not risk more than $250 in a single trade, and if the price starts to drop significantly, sell the assets before losing more.
Depending on your country's currency
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3. Chart Analysis
Idea: Teaching people how to read charts to understand the market