Interesting articles from both ‘Carlo’ and ‘TopTrader’ - although I have to say that quite a bit of the simple and effective trading methodology shown might be better advice for the slightly more proficient trader rather than complete beginners.
There ‘can’ be simple and effective trading methods but only when you have outlined your full strategy as ‘TopTrader’ has suggested and even then my advice is always:
- Read more
- Study more
- Research more
- Repeat ad nauseum
(and to be frank, I’ve never reached the ‘ad nauseum’ phase as I daily learn of at least one new indispensible experience, tool or piece of advice to add to my working knowledge base - it’s never a ‘done thing’)
Then when you feel confident enough, as Carlo mentioned, test out what you’ve learnt on a demo account first!
If that proves successful, and by that I don’t mean a quick ‘half hour spin’, then go for the real time, with caution.
I can’t argue with the reading choices offered except to add a couple more of my own in my forever-growing reference library, from my early days, which might help those at the lower end of the learning curve too: