**Advanced beginner**
Discover the fundamentals of trading for advanced beginners: styles, technical analysis, risk management, and essential tools for improvement.
## What is trading?
Trading involves buying and selling financial assets with the aim of profiting from market fluctuations. Unlike long-term investing, trading involves quick decision-making and often shorter exposure.
## Choosing your trading style
Before trading, choose a method suited to your profile:
**Scalping**: fast and intense, requires instant reactions.
**Day trading**: no trades held overnight, ideal for following the market daily.
**Swing trading**: less time-consuming, based on trends from a few days to a few weeks.
**Position trading**: more strategic, close to active investing.
## Mastering technical and fundamental analysis
*Technical analysis:
based on charts, indicators (MACD, RSI, etc.), chart patterns.
*Fundamental analysis:
Useful mainly for stocks or forex, relies on economic results, company announcements, etc.
For an advanced beginner trader, technical analysis is often the entry point.
## Apply rigorous risk management
The key to sustainable trading lies in prudent capital management:
Never risk more than **1% of capital per trade.
Always place a **stop-loss**.
Aim for a **minimum 2:1 reward/risk ratio.
Refuse to 'revenge the market' after a loss.
## Understand trading psychology
Emotions often lead to failure. Discipline, patience, and self-control are crucial.
Keep a **Trading Journal** to analyze your mistakes, adjust your strategies, and remain consistent.
## Essential tools for effective trading
**Platforms**
MetaTrader, ProRealTime, TradingView
**Charting tools**
Indicators, volumes, Japanese candlesticks
**Demo account**
To practice without risk
**Reliable training**
Books (e.g., *Trading in the Zone* by Mark Douglas), webinars, serious communities
## Conclusion: Trade, yes, but intelligently
Trading is not a game of chance. To succeed, you must learn to lose properly, manage your emotions, and continuously educate yourself. The initial goal should not be to win quickly, but to avoid losing foolishly 😭
