TradeWebly

The Ultimate Trading Steps, Resources and Tools Every Trader Should Know!

trading tools and resources to use for beginners and investing dummies

Best trading tools, steps and resources for all trading levels : beginners, intermidiate, advanced day traders and investors..

All these tools and steps can help you to start and/or improve your day trading with the best performances and profits..

8 Steps for the best trading beginning:

  1. Open a Trading Account (brokerage account): click to open!
  2. Set a trading budget: Minimum $50, But $500 to $1000 is recommended for the beginning trading test orders!
  1. Learn to Read: click to learn!

Here are five must-read books for every new trader:

  • Stock Market Wizards by Jack D. Schwager
  • Trading for a Living by Dr. Alexander Elder
  • Technical Analysis of the Financial Markets by John Murphy
  • Winning on Wall Street by Martin Zweig
  • The Nature of Risk by Justin Mamus

Learn to use market orders and limit orders.

  1. Learn to Analyze : (Official Trading School [click to go]: register for an online or classroom course and learn to trade crypto, stocks & currencies.)
    • Technical analysis is the best way to know where and when to open and close trades. Check the popular tool in the market (Check TradingView)
  2. Practice with a demo trading account: ($100k virtual amount for test).
  3. Choose your best Trading Style: Scalping, Day trading, Swing trading, Position trading, copy traders,…
  4. Choose your favorite Trading Markets: Stocks, ETFs, Crypto, Indices, Commodities, Currencies (forex), CopyFunds…
  5. Practice Trading:
    1. open trades,
    2. always invest what you can afford to lose,
    3. don’t put all eggs in one basket,
    4. focus on your best performed markets…

How you can test your skills with trading challenges…

To test and get into stocks and shares, commodities, forex, cryptocurrencies, copy traders, copy portfolios, indices, ETFs, and different markets around the world, you can:

  • Or submit trades in a virtual environment with practicing trading on a free $100K demo account before you start risking your own money.
  • Or Sign up to start trading, investing and interacting with other best traders from diverse backgrounds and experiences, and learn the methods behind their trades to become a smarter investor.

It’s our ideal and #1 recommendation to get your feet wet in the markets!

The More Your Learn, The More You Earn:

For best trading performance, results and profits, check the below posts from the TradeWebly™ Academy..