- A trusted mentor - A trading platform (e.g., MetaTrader or TradingView) - A basic strategy - A risk management plan

- Never risk more than 1-3% of your capital per trade. - Start with a demo account to practice without risk. - Use a simple, clear strategy and stick to it. - Focus on discipline and consistency, not quick profits.

- Day trading - trades opened and closed within the same day. - Swing trading - trades held for several days or weeks. - Scalping - very short trades lasting minutes.

- Position size - how much you trade. - Stop Loss (SL) - automatic exit to limit losses. - Take Profit (TP) - automatic exit when the target profit is reached. - Spread - the difference between the buy and sell price. - Leverage - allows you to control a larger position with less capital.

1. Market analysis - the trader studies charts, news, and technical indicators. 2. Opening a trade - choosing buy (long) or sell (short). 3. Risk management - setting a stop loss to limit potential losses. 4. Closing the trade - taking profit or accepting a small loss.