Trading can seem like an intimidating world, but it doesn't have to be. I recently ventured into trading with just $65 and turned it into $765 in a relatively short time. This journey taught me valuable lessons about discipline, strategy, and patience. Here’s how I did it as a beginner, step by step.
Starting Small With a Plan
I began with $65—an amount I was comfortable risking. Before starting, I decided on two key principles:
1. Risk Management: I set a rule to never risk more than 5% of my total capital on a single trade.
2. Realistic Goals: Instead of chasing overnight riches, I aimed for small, consistent gains of 2-3% per day.
I also chose Binance as my trading platform due to its low fees, user-friendly interface, and access to various trading tools.
Learning the Basics
As a beginner, I focused on understanding:
Market Trends: I studied price charts to identify patterns.
Indicators: Tools like the RSI (Relative Strength Index) and MACD helped me spot pote