Trading Psychology: Placing Your First Trade
In this video David discusses the mental hurdle of placing your first trade with any type of instrument, regardless if it’s in forex, stocks or commodities. Trading can seem daunting and complex and beginners can make mistakes when they open their first active position.
He takes you through the actual process of making that first trade, setting a stop loss to manage risk and the amount you should trade with at the start of your trading journey.
At Trading 212 we provide an execution only service. This video should not be construed as investment advice. Investments can fall and rise. Capital at risk. CFDs are higher risk because of leverage.