I’ve been putting in a lot of time studying the market and I got myself a capable device.
Nimekuwa nikistall for a while but kesho I’m ready to face the dragon, si- expect a lot but it’s a first step.
Anyone on this boat could share some basic strategies and I’ll let you guys know how it goes, its a huge market na nataka kuingia hiyo soko, Wish a young nigga luck
If you get greedy, you will lose big. But if you have balls of steel to hold when others are selling, you might win big…or lose big still. What I’m trying to say is that you should make informed decisions when trading. Research is king in this game!
I created accounts on IQ Options because they offer Binary options & another with FXpesa to trade on the metatrader platform
:D:D:D:D:D
Listen here Mr… trading is not a venture you put in “some hard work” for some few months and expect to make something out of it. Trading is a full fledged career and it will take you a MINIMUM 4 years…3years if you are an outlier to get to a position where you’d even start referring to yourself as a trader leave alone even earning a decent income from the whole venture.
Trading is like going to uni where you’ll have to go through the 4 years of learning and experience cycle in order for you to “graduate”. Sometime even 5 years for some people. That’s equivalent to saying that umeenda campus and undertaken an undergraduate degree in engineering.
Do this, I can at the very least direct you to some good and LEGITIMATE traders that I can vouch for back in Kenya. You’ll have to pay though but atleast you’ll have a better grounding than hii gambling naona unataka kujiingiza. I’ll drop their information here but only if you are okay with that ama pia unaweza result to kunitishia tuu kama venye hawa watoto wa cryptocurrencies hufanya hapa when you tell them the bare truth. Trading is a very lucrative career but you young men need to understand that you need to work extremely hard to establish yourself in that industry. Most of the learning infact you’ll have to do it by yourself. It’s technically quite hard to teach someone how to trade but there are people out there who can try and guide you on the areas you can concentrate on and avoid being deluded by the get rich quick mindset.
Wtf is online trading…villagers ni wajuaji…advice na kile unasema haieleweki
Which asset class will you be trading? Stocks, crypto, forex, commodity futures? Ama hata ni e-commerce unamaanisha? Hueleweki kijana.
Forex, kuna pairs nafuatilia … especially zenye zinaeza trade Binary options.
I’m planning on learning how to work the rest with time, kwanza comodities. when I started hiyo time Oil ilikuwa sawa I’d guess because of the Russia-Ukrain war
Open my eye Horus, uko na knowledge
Ni sawa … I’ll put in the time. Ako na zoom classes or do they have an office? I could really use the contacts
Do you know that it is easier to graduate in Medicine than to become a successful trader?
Trading sio kuclick buy and sell. Jitayarishe kusoma sana through experience juu it is one of the hardest professions. Focus on one market because each is unique.
The most important piece of advice that I would give a newbie is risk management. NEVER risk more than 0.5% of your account on one trade. If you follow that rule, you will survive long enough to learn the rest through experience. Most newbies huwin a few trades wanakuwa greedy and start to risk more before blowing the accounts.
- Risk management: NEVER risk more than 0.5% of your account in one trade.
- FOCUS: Choose a market and study it deeply instead of having shallow knowledge in multiple markets. Learn as much as you can about that one market. Hii ni Phd mzeiya, sio computer packages ama driving.
- Money management: Start small. As a new trader, odds are that you will lose money for the first few years. That’s why you must start small to avoid overpaying for tuition.
- Manage your expectations: It takes YEARS (not days/months) to become a profitable trader.
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Sina maoni…kama ni forex … sina at all…we have covered hii
Kama hujui kitu unanyamaza. Kimbelembele ni ya nini kama bibi ya chief?
https://www.financialhubfx.com/
Call Caleb - +254 702 803735 and ask for a meeting with them first so that you can get to understand what they offer. Wako na offices na trading floor pale jkuat towers 17th floor just above SIB.
I would urge caution. Equity markets are hemorrhaging, badly. Hard to believe that one year ago you could roll out of bed, set up your ETF trades and by market close you have a cool $3k daily.
Its hard to flip a quick buck nowadays. If you’re interested in the stock market I would advice you to stick with consumer staples…
Sasa Mimi na wewe nani kimbelembele…Mimi ni reknown independent economist…kijana anaingia forex kuoshwa one touch …
Ni vile you have to pigwa muosho to understand ni scam…we have covered this prior…na sipendi kujirudia…ni muosho inamgoja…
Don’t quote me tena…Wacha nikutupe Siberia and wear jacko
niaje caleb mwaura?
Caleb is my friend:D:D lakini I’m older than him and he’s based in Kenya. Plus I don’t teach trading…you wouldn’t survive even for a week if I did. 95% of people lack the patience.
K
how about retail investors now even your grandmother is on a trading platform…who really owns the shares in these platforms?
Bro, starting out in trading can feel like a crazy rollercoaster, but it’s cool that you’re putting in the work. One thing I’ve learned is to start small—don’t throw in more than you can afford to lose.