The growth of online trading platforms has democratized access to the markets, allowing individuals to participate alongside institutional investors. This shift has empowered individual traders, who can now execute trades from the comfort of their homes. However, the ease of access has also led to an increase in speculative trading, where individuals may take excessive risks in the pursuit of quick profits. Education and risk management strategies are therefore crucial for anyone looking to trade successfully. Risk management is a fundamental aspect of trading. Effective traders implement strategies such as stop-loss orders and position sizing to protect their capital and minimize potential losses. The high volatility of many trading instruments means that prices can change rapidly, making the potential for large gains and losses significant. Therefore, a sound understanding of market trends and sound financial principles are essential to navigating this complex landscape.