Ako, I started trading binary option, then switch to forex dahl sa potential income and risk management para mas mamaximize ang profit every position. First, as a newbie with zero knowledge maeexperience mo ang losses along the way. As you gain experience and do more study mas napopolish mo ang iyong trading strategy na magsuit in different occasion ng market. Darating ka sa point na mapapaisip ka if ang trading ay para sayo dahl sa mga naeexperience mong sunod sunod na mga losses, but if you will continue studying and learning from your mistakes doon na magstart ang progress mo when it comes to decision making, handling your emotions, proper risk management and money management and time management.
Based on my experience if you will start this business, you should go below first:
1. Budgeting (if you have a business or current job dapat alm mo yung priorities mo)
2. Money Management (paano mo i-mamanage ang pera in short-term, long-term basis)
3. Risk Management (your allotted risk base on your current income para sa iyong investment)
4. Income Protection (before investing, what will be your income protection in-case that your investment puts your money at risk)
5. Different trading sessions (market volatility)
6. Types of trading strategy based on different trading sessions
Hope makatulong sa iyo and good luck sa trading journey mo. Once maging habit mo ang proper trading ito along the way makikita mo na un bunga ng pagsisikap mo