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How To Build Your First Profitably Trading Plan

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1. Start With a Proven Strategy (Not Guesswork)

Every profitable trader operates with a clear edge—a strategy that has been tested and refined over time. This could be:

  • Trend following (riding momentum)

  • Breakout trading (entering when price escapes a range)

  • Mean reversion (betting on price returning to average)

  • News-based trading (reacting to catalysts)

The key isn’t which strategy you pick—it’s whether you can execute it consistently. Jumping between strategies is one of the fastest ways to lose money.

2. Risk Management Is Everything

Professionals don’t focus on how much they can make—they focus on how much they can lose.

A few core rules:

  • Never risk more than 1–2% of your capital per trade

  • Always use stop-loss orders

  • Think in terms of risk-to-reward ratio (aim for at least 1:2)

You can be wrong half the time and still make money—if your winners are larger than your losers.

3. Timing Beats Prediction

Amateur traders try to predict where the market will go. Professionals wait for confirmation.

Instead of guessing tops and bottoms:

  • Wait for price action signals

  • Use support and resistance levels

  • Let the market show its hand before committing capital

Patience isn’t optional—it’s a competitive advantage.

4. Control Your Emotions (This Is the Hard Part)

Fear and greed destroy more accounts than bad strategies.

Common emotional traps:

  • FOMO (Fear of Missing Out) → chasing late entries

  • Revenge trading → trying to recover losses quickly

  • Overconfidence → increasing size after wins

Professional traders follow rules even when it feels uncomfortable. Discipline is what separates survival from failure.

6. Keep a Trading Journal

If you’re not tracking your trades, you’re not improving.

Record:

  • Entry and exit points

  • Reason for the trade

  • Outcome

  • Emotional state

Over time, patterns will emerge—both in what works and what doesn’t.

7. Master One Market Before Expanding

Many beginners spread themselves too thin—stocks, forex, crypto, options.

Pick one market. Learn its behavior. Understand its rhythm.

Depth beats breadth.

8. Think Long-Term, Even as a Trader

Ironically, short-term trading success comes from long-term thinking.

You won’t win every trade—or every week. What matters is:

  • Consistency over months

  • Protecting capital during drawdowns

  • Letting your edge play out over time

Trading is a marathon disguised as a sprint.

Screenshot 2026-04-05 at 10.27.11 AM

How To Trade stocks

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How to Trade Stocks Profitably: A Professional Trader’s Playbook

Trading stocks profitably isn’t about luck, hot tips, or chasing hype—it’s about discipline, strategy, and managing risk like a professional. After years in the markets, one truth stands out: consistent profitability comes from mastering the process, not predicting the outcome.

Let’s break down how serious traders approach the game.

1. Start With a Proven Strategy (Not Guesswork)

Every profitable trader operates with a clear edge—a strategy that has been tested and refined over time. This could be:

  • Trend following (riding momentum)

  • Breakout trading (entering when price escapes a range)

  • Mean reversion (betting on price returning to average)

  • News-based trading (reacting to catalysts)

The key isn’t which strategy you pick—it’s whether you can execute it consistently. Jumping between strategies is one of the fastest ways to lose money.

2. Risk Management Is Everything

Professionals don’t focus on how much they can make—they focus on how much they can lose.

A few core rules:

  • Never risk more than 1–2% of your capital per trade

  • Always use stop-loss orders

  • Think in terms of risk-to-reward ratio (aim for at least 1:2)

You can be wrong half the time and still make money—if your winners are larger than your losers.

3. Timing Beats Prediction

Amateur traders try to predict where the market will go. Professionals wait for confirmation.

Instead of guessing tops and bottoms:

  • Wait for price action signals

  • Use support and resistance levels

  • Let the market show its hand before committing capital

Patience isn’t optional—it’s a competitive advantage.

4. Control Your Emotions (This Is the Hard Part)

Fear and greed destroy more accounts than bad strategies.

Common emotional traps:

  • FOMO (Fear of Missing Out) → chasing late entries

  • Revenge trading → trying to recover losses quickly

  • Overconfidence → increasing size after wins

Professional traders follow rules even when it feels uncomfortable. Discipline is what separates survival from failure.

5. Focus on High-Quality Setups

You don’t need to trade every day. In fact, trading less often can improve your results.

Ask yourself before every trade:

  • Does this match my strategy?

  • Is the risk clearly defined?

  • Is the reward worth it?

If the answer isn’t a clear yes, skip it. There will always be another opportunity.

6. Keep a Trading Journal

If you’re not tracking your trades, you’re not improving.

Record:

  • Entry and exit points

  • Reason for the trade

  • Outcome

  • Emotional state

Over time, patterns will emerge—both in what works and what doesn’t.

7. Master One Market Before Expanding

Many beginners spread themselves too thin—stocks, forex, crypto, options.

Pick one market. Learn its behavior. Understand its rhythm.

Depth beats breadth.

8. Think Long-Term, Even as a Trader

Ironically, short-term trading success comes from long-term thinking.

You won’t win every trade—or every week. What matters is:

  • Consistency over months

  • Protecting capital during drawdowns

  • Letting your edge play out over time

Trading is a marathon disguised as a sprint.

Final Thoughts

Profitable trading isn’t about being right—it’s about being disciplined, managing risk, and executing a repeatable system.

If you remember nothing else, remember this:

Amateurs chase profits. Professionals manage risk.

Master that, and you’re already ahead of most market participants.

 

Screenshot 2026-04-05 at 10.26.39 AM

HOW TO SCALP BEGINNERS GUIDE

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Scalping Trades

Scalping involves profiting from small price movements in a security. Scalpers generally hold a trading position for a very short period of time, ranging from a few seconds to a few minutes and they aim to generate gains from small price fluctuations.

Traders who use the scalping approach have to consider the transactions fees and the bid-ask spreads. Because of the frequency of the trades that the scalper makes, these costs can be considerable if not managed efficiently, Additionally, scalping requires quick decision making, focus and discipline as scalpers must be able to enter and exit positions quickly in order to take advantage of small price movements

PROS

  • Scalping can offer quick gains as traders aim to profit from small price movements in a short period

  • Because of the high trading frequency, scalping allows traders to take advantage of numerous trading opportunities

  • This approach aims to capture tiny price movements, reducing exposure to sudden market reactions

  • Scalping can help traders develop strong habits because of the high level of discipline and focus it requires

  •  

CONS

  • Scalping involves a high frequency of trading, which can result in high transaction costs such as commissions and bid-ask spreads
  • This approach can be very stressful and emotionally draining
  • Given the approach of capturing small profits frequently, scalping has a limited profit potential per trade
  • Scalping requires solid risk management to juggle multiple positions and limit exposure to market risk
HOW TO SCALP BEGINNERS GUIDE
Screenshot 2026-01-31 at 11.02.04 PM

HOW TO SWING TRADE LIKE A PRO

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Swing Trading

This approach involves buying and holding securities for a short period of time, usually from a few days to a few months. The goal of swing trading is to gain from short term price movements in the market, buying when prices are low and selling when prices are high.

Swing traders have to manage sudden and unexpected moves in the market which can lead to losses. They have to stay informed about market trends and news. Additionally, swing traders need to have strong risk management skills and discipline to stick to their trading plan and avoid emotional trading decisions.

Pros

  • Reduced transaction costs relative to scalping and day trading

  • Swing traders have more time to analyze market trends and make informed trading decisions, reducing the risk of emotional trading decisions

  • Swing trading can offer more flexibility than position trading as traders can adjust their positions as market conditions change

Cons

  • Swing traders may be exposed to sudden market events that can cause significant price movements

  • This approach requires relatively more time commitment as swing traders need to spend time analyzing market trends and monitoring their positions

  • Swing traders may miss out on long-term price movements as they only hold positions from a few days to a few months at mos

HOW TO SWING TRADE LIKE A PRO

How Do I Swing Trade?

Firstly one must learn the basics of swing trading. This involves understanding the concept of swing highs and lows, identifying trends and using technical indicators to analyze the market. One should choose a market to trade such as stocks, currencies or futures. After that one should develop a trading plan and analyze the respective market with that trading plan. Technical analysis is often used to find swing highs and lows, trend lines, as well as support and resistance levels.

When potential trading opportunities are identified, one should enter the trade based on the trading plan. Stop loss and profit levels should be set to manage risk and reward. The positions should be monitored and adjusted if necessary based on market conditions. Finally, post trader analysis should be done to refine one’s approach to swing trading

trade

HOW TO DAY TRADE LIKE A PRO

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Day Trading

Day trading is a short term trading strategy whereby securities are bought and sold within the same trading day. Day traders aim to profit from price movements in a security and typically close all of their positions by the close of the market trading day.The general public often associates day trading with individual investors who work from home or a small office and use their own capital to trade securities. However, day traders also work for large financial institutions such as banks, brokerage firms and hedge funds

Pros

  • There is a high potential for profits per trade, if executed correctly

  • Day traders can work from anywhere with an internet connection, making it a convenient and flexible way to earn a living

  • There is no overnight risk as day traders close all their positions by the end of the day

Cons

  • Day trading is a high risk trading strategy and traders can lose a significant amount of money if they do not have a solid understanding of market trends and risk management techniques

  • Trading costs can eat into potential profits

  • Day trading is fast paced and can lead to emotional trading decisions such as overtrading or holding onto losing positions for too long

HOW TO DAY TRADE LIKE A PRO

Is Day Trading Profitable?

Day trading can be profitable but profitability is not guaranteed. Successful day traders have a solid understanding of market trends, technical analysis and risk management. They also have the discipline and focus to execute their trading plan consistently over time. Traders should carefully weigh the benefits against the risks and limitations of day trading.

 
 
trade

WHAT IS POSITION TRADING AND HOW TO EXECUTE IT

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position trading

This approach entails holding positions in securities for an extended period, usually from several l months to years or even decades. The objective of position trading is to profit from major trends in the market rather than short term price movements. Position trading is less active than scalping, day trading and swing trading. Institutions typically allocate a portion of their trading book to this approach.

Generally position traders use fundamental analysis to identify securities that are undervalued or overvalued and hold these positions for the long term, waiting for the market to correct itself. Position traders may also use technical analysis to identify optimal entry and exit points

Pros

  • Position trading can offer higher potential gains than the other active trading strategies as traders aim to profit from long term price movements
  • There are fewer transaction costs due to the infrequency of trading
  • Position traders can be more flexible in their trading strategy as they can adjust their positions as market conditions change
  • With this approach there is more time to analyze market trends and make informed trading decisions, reducing the risk of emotional trades

Cons

  • Position traders may be exposed to sudden market events that can cause large price movements
  • This approach may limit the traders ability to take advantage of short term market opportunities
  • Holding positions for an extended period can limit the trader’s liquidity, making it difficult to add new positions
  • Position traders must have a solid risk management plan to manage their positions and limit their exposure to market risk
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HOW TO START TRADING BEGINNER TO PRO

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How Do I Start Active Trading?

To be an active trader one would require a solid understanding of the financial markets, trading strategies and risk management techniques. To get to this point one must first learn the basics of financial markets and instrument  trading.

Next is a decision on the type of trader you want to  be  such as Scalping, Binary, Day trading, Swing trading or Position trading.  After you have decided on trading preference and style, its important to develop your own trading plan. statistics have proven over and over again that the most successful traders are excellent fund managers. There is a saying that the market is always there but your money may or may not, and this is predicated upon your ability to effectively manage your trading capital.

Its is very important to plan the trade and trade the plan and one must be intentional in placing trades and also keep journal on trade placed and the reason for placing those trades. A professional trader keeps a log on all trade , the winning trades as well as the losses and the reason for outcomes for each trade.   

One of the most important component of trading is based on your choice of broker. Different brokers offer different trading conditions and its important to know which best works for and why. ( JR-Trading has sampled top 10 Brokers in the industry for your reveiw.) The idea of practicing trading on a model or demo account can not be over emphasised if you want to be come a professional trader.

Its important to also know that trading on demo account or model account is not the same as trading on real account and the reason is, demo account do not seem to trigger emotions but  placing on real account do.

In respect of that, it is also important to manage your emotions while trading on real account. 

 
 
 

Advantages of Active Trading

There are several reasons why individuals and entities consider active trading strategies. These include:

 
  • High return potential: There is a potential for higher returns when compared to passive investment strategies. By actively monitoring the market and making informed decisions, traders can take advantage of short term price movements and profit from market volatility.
  • Flexibility: Traders can adjust their trading strategies to take advantage of changing market conditions and adapt their strategies based on their risk tolerance.
  • Control: Active traders have greater control over their investment decisions compared to passive investors. They can choose entry and exit points, set stop loss and profit levels and manage their risk exposures.
 

Limitations of Active Trading

Individuals and entities should be aware of the limitations of active trading. These limitations include:

 
  • High risk: There is a higher level of risk involved relative to passive investing strategies. Traders must be able to manage their risk effectively and have a solid understanding of risk management concepts and techniques.
  • Time and effort: Active trading requires an enormous amount of time and effort. Traders must monitor the market and make informed decisions, which can be time consuming and stressful.
  • Transaction costs: Because of the increased frequency of trading, there will be a larger amount of transaction costs, commissions and fees associated with this approach.
  • Emotional stress: Active trading can be emotionally stressful, particularly during periods of market volatility.
  • Tax implications: Short term capital gains taxes can occur through the short term profits generated by active trading.
 
 
 
Binary optn

HOW TO TRADE BINARY OPTION 99% WIN RATE

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What Is a Binary Option?

Binary Options, a financial derivative that allows people to make all-or-nothing wagers on events and asset price changes, have surged in popularity in recent years. But critics, including U.S. regulators who have long cautioned against them, warn that these trades are more akin to gambling than investing and carry a high risk of fraud and losses for unwary consumers. However a well planned trade and trading of plan can be rewarding. What stands out for binary option traders are that you are able to develop your own strategies and conditions for which you execute trades.  In binary option you are able to determine your expiry unlike forex which can last for months and does not close automatically unless you decide to close the position. Most binary option brokers provide varieties of trading pairs such as OTC pairs and real market pairs. You can also trade over the counter ( OTC ) during weekends.

A QUICK GUIDE TO SETTING UP YOUR  TRADING ACCOUNT AND TAKING YOUR FIRST TRADE

 

Signup with a Binary option broker. 

There are a lot of brokers that offer binary option trading experience, and having to choose what best works for you is important as much your expectations.  Its also important to do your own reviews before jumping to select the broker of your choice.  JR-Trading has provided a list of Top five binary option brokers for youe further review and selection. The selection of these five brokers are bases on some important criterias.

      • Whether or not the broker is regulated
      • what the initial investment deposits are
      • which instruments are available  for you to trade
      • Whether it offer multiple deposit and withdrawal options
      • whether the broker charges commission on both deposit or withdrawal
      • whether the broker offer technical indicators on their platform
      • whether the broker has its own trading platform  application, web application, mobile application etc. 

Fund Your Trading Account .

How to fund your account.

      • First visit the broker of your choice after signing up. navigate to deposit  and select your preferred payment option.  
      • Input the amount you wish to start with, however some brokers have specified minimum amount you can deposit to get stated.  
      • Bonus: some brokers offer incentive for choosing to signup with them and for that they offer some percentage bonuses on deposits. Please be sure to read the terms and conditions before applying the bonus offer.
      • Ones you are done, selec the deposit button to credit your trading account. 
      • NB. JR-Trading has provided a reveiw of some of the online wallet that you could use in making the deposit easily.  

Perform your kyc with the broker

Most brokers allow traders to undertake Know Your Customer  and customer verification processes. This adds some sort of credibility to the broker and that also  means they are concerns about knowing who their clients are.

      • Your identity card [ Drivers license, Government ID, Passport or any leagal identity card could be used to complete the KYC]
      • Some brokers also require you to confirm you place of residence by submitting legal documents that bears your name and address.
      • NB. Time taken by the broker to reveiw and accept  your KYC vary. 

HOW TO TRADE BINARY OPTION  WITH 99% WIN RATE

Quick steps to get started with Trading Binary Option

  1. Select the asset you want to trade, preferably the major pairs EUR/USD, GBP/USD, EUR/JPY etc
  2. Switch the candle time to 5 min and identify the general trend
  3. Keep candle time at  5min and mark support and resistance level along the trend. use trend line for high accuracy 
  4. If the trend is a a down trend, wait for the candle to reverse to the resistance line, wait for it to close exactly at the level or below the level after a rejection.
  5. Decide on the amount you wish to invest. Rule of thumb. Trade between 1% – 2% of your total equity as risk management
  6. Choose the candle expiration time that closes exactly on 5 min after entry. ie. If the candle reverses and close at the resistance exactly at the end of 5min time frame, place the trade for the next 5min in the direction of the trend. and or if the candle touches the resistance and closes below the level at about 2min out of the 5min, then your trade expiration time for placing the trade should be 3min in the direction of the trend.
  7. Place the trade in the direction of the trend and wait for you result. You “buy/ call”  in an uptrend and “sell/put” in a downtrend
  8. Set daily target ie. five trade maximum a day. 2 out of the money ( OTM) , you quite and come the following day. Plan each trade and trade the plan.
HOW TO TRADE BINARY OPTION 99% WIN RATE

Key Point to Note.

  • Understand the product: You should grasp the basic concept of binary options, how they work, and what determines their payout.
  • Broker research: Next, you should search for a reputable broker that trades binary options. 
  • Set up a demo account: Many brokers offer demo trading accounts where traders can practice binary options with paper or virtual money. This is often said to be a risk-free way of familiarizing yourself with the platform, but many platforms request your contact and financial information, which some offshore platforms have used for identity theft
  • Develop a trading strategy: You should decide on the markets to buy contracts on, the amount to put in, the expiration times, and the type of binary options to trade.
  • Set up a live account: After this, you can open a live trading account. This involves providing further personal details, proof of identity, and proof of residence.
  • Fund the account: Brokers often require a minimum deposit to start trading. This amount varies among brokers.
  • Start trading: You can start buying and selling contracts.
  • Monitor and adjust trading strategy: You should continuously monitor your trades and the markets and be prepared to adapt your approach in response to changing conditions

How to Practically Trade 

How to place your first binary option trade.

      • Select the asset you want to trade for example EUR/USD, GBP/USD, EUR/JPY etc
      • Select the candle expiration  time frame. this is the time each candle expires before it move to form another candle.  This is different from deal expiration time.  Candle expiration time spand from as low as 1 sec to 1 month. and sometimes a year.  Deal expiration time is the time you anticipate your trade to close in profit or loss
      • Analyse the market to predict the movement of the asset base on the deal expiration time. 
      • Specify the amount you are willing to invest or bet on each trade. The amount is based on your own risk tolerance level. high risk traders risk a higher proportion of their investment per trade, medium risk traders risk a considerable amount but not as much as the high risk trader. Low risk trader risk smaller amount per trade and they turn to last longer in the market than the high risk and medium risk traders.
      • Select either “up or down”,  ” put or call”,  ” buy or sell”  to trigger the trade.
      • Wait for the deal to end and you can see your profit or loss as shown in the trading window. 
HOW TO TRADE BINARY OPTION 99% WIN RATE
stocks

HOW TO TRADE STOCKS

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What is  stocks ?

Binary options, a financial derivative that allows people to make all-or-nothing wagers on events and asset price changes, have surged in popularity in recent years. But critics, including U.S. regulators who have long cautioned against them, warn that these trades are more akin to gambling than investing and carry a high risk of fraud and losses for unwary consumers.

HOW TO TRADE THE STOCK MARKET

How to Trade stocks

  • Understand the product: You should grasp the basic concept of binary options, how they work, and what determines their payout.
  • Broker research: Next, you should search for a reputable broker that trades binary options. 
  • Set up a demo account: Many brokers offer demo trading accounts where traders can practice binary options with paper or virtual money. This is often said to be a risk-free way of familiarizing yourself with the platform, but many platforms request your contact and financial information, which some offshore platforms have used for identity theft.10
  • Develop a trading strategy: You should decide on the markets to buy contracts on, the amount to put in, the expiration times, and the type of binary options to trade.
  • Set up a live account: After this, you can open a live trading account. This involves providing further personal details, proof of identity, and proof of residence.
  • Fund the account: Brokers often require a minimum deposit to start trading. This amount varies among brokers.
  • Start trading: You can start buying and selling contracts.
  • Monitor and adjust trading strategy: You should continuously monitor your trades and the markets and be prepared to adapt your approach in response to changing conditions

How to get started with stock trading 

There are a lot of brokers that offer binary option trading experience, and having to choose what best works for you is important as much your expectations.  Its also important to do your own reviews before jumping to select the broker of your choice.  JR-Trading has provided a list of Top five binary option brokers for youe further review and selection. The selection of these five brokers are bases on some important criterias.

  • Whether or not the broker is regulated
  • what the initial investment deposits are
  • which instruments are available  for you to trade
  • Whether it offer multiple deposit and withdrawal options
  • whether the broker charges commission on both deposit or withdrawal
  • whether the broker offer technical indicators on their platform
  • whether the broker has its own trading platform  application, web application, mobile application etc. 
 

Perform your kyc with the broker

Most brokers allow traders to undertake Know Your Customer  and customer verification processes. This adds some sort of credibility to the broker and that also  means they are concerns about knowing who their clients are.

      • Your identity card [ Drivers license, Government ID, Passport or any leagal identity card could be used to complete the KYC]
      • Some brokers also require you to confirm you place of residence by submitting legal documents that bears your name and address.
      • NB. Time taken by the broker to reveiw and accept  your KYC vary. 

Fund your stocks trading account .

      • First visit the broker of your choice after signing up. navigate to deposit  and select your prefered payment option.  
      • Input the amount you wish to start with, however some brokers have specified minimum amount you can deposit to get stated.  
      • Bonus: some brokers offer incentive for choosing to signup with them and for that they offer some percentage bonuses on deposits. Please be sure to read the terms and conditions before applying the bonus offer.
      • Ones you are done, selec the deposit button to credit your trading account. 
      • NB. JR-Trading has provided a reveiw of some of the online wallet that you could use in making the deposit easily.  
 

How to trade  stocks profitably

      • select the asset you want to trade for example EUR/USD, GBP/USD, EUR/JPY etc
      • Select the candle expiration  time frame. this is the time each candle expires before it move to form another candle.  This is different from deal expiration time.  Candle expiration time spand from as low as 1 sec to 1 month. and sometimes a year.  Deal expiration time is the time you anticipate your trade to close in profit or loss
      • Analyse the market to predict the movement of the asset base on the deal expiration time. 
      • specify the amount you are willing to invest or bet on each trade. The amount is based on your own risk tolerance level. high risk traders risk a higher proportion of their investment per trade, medium risk traders risk a considerable amount but not as much as the high risk trader. Low risk trader risk smaller amount per trade and they turn to last longer in the market than the high risk and medium risk traders.
      • select either “up or down”,  ” put or call”,  ” buy or sell”  to trigger the trade.
      • Wait for the deal to end and you can see your profit or loss as shown in the trading window. 
HOW TO TRADE THE STOCK MARKET
comm

HOW TO TRADE COMMODITY

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What is commodity?

Binary options, a financial derivative that allows people to make all-or-nothing wagers on events and asset price changes, have surged in popularity in recent years. But critics, including U.S. regulators who have long cautioned against them, warn that these trades are more akin to gambling than investing and carry a high risk of fraud and losses for unwary consumers.

HOW TO TRADE THE COMMODITY MARKET

best simple eight steps to trade commodity

 

  • Understand the product: You should grasp the basic concept of binary options, how they work, and what determines their payout.
  • Broker research: Next, you should search for a reputable broker that trades binary options. 
  • Set up a demo account: Many brokers offer demo trading accounts where traders can practice binary options with paper or virtual money. This is often said to be a risk-free way of familiarizing yourself with the platform, but many platforms request your contact and financial information, which some offshore platforms have used for identity theft.10
  • Develop a trading strategy: You should decide on the markets to buy contracts on, the amount to put in, the expiration times, and the type of binary options to trade.
  • Set up a live account: After this, you can open a live trading account. This involves providing further personal details, proof of identity, and proof of residence.
  • Fund the account: Brokers often require a minimum deposit to start trading. This amount varies among brokers.
  • Start trading: You can start buying and selling contracts.
  • Monitor and adjust trading strategy: You should continuously monitor your trades and the markets and be prepared to adapt your approach in response to changing conditions

How to get started with commodity

Signup with a binary option broker. 

There are a lot of brokers that offer binary option trading experience, and having to choose what best works for you is important as much your expectations.  Its also important to do your own reviews before jumping to select the broker of your choice.  JR-Trading has provided a list of Top five binary option brokers for youe further review and selection. The selection of these five brokers are bases on some important criterias.

      • Whether or not the broker is regulated
      • what the initial investment deposits are
      • which instruments are available  for you to trade
      • Whether it offer multiple deposit and withdrawal options
      • whether the broker charges commission on both deposit or withdrawal
      • whether the broker offer technical indicators on their platform
      • whether the broker has its own trading platform  application, web application, mobile application etc. 
 

Perform your kyc with the broker

Most brokers allow traders to undertake Know Your Customer  and customer verification processes. This adds some sort of credibility to the broker and that also  means they are concerns about knowing who their clients are.

      • Your identity card [ Drivers license, Government ID, Passport or any leagal identity card could be used to complete the KYC]
      • Some brokers also require you to confirm you place of residence by submitting legal documents that bears your name and address.
      • NB. Time taken by the broker to reveiw and accept  your KYC vary. 

Fund your trading account .

      • First visit the broker of your choice after signing up. navigate to deposit  and select your prefered payment option.  
      • Input the amount you wish to start with, however some brokers have specified minimum amount you can deposit to get stated.  
      • Bonus: some brokers offer incentive for choosing to signup with them and for that they offer some percentage bonuses on deposits. Please be sure to read the terms and conditions before applying the bonus offer.
      • Ones you are done, selec the deposit button to credit your trading account. 
      • NB. JR-Trading has provided a reveiw of some of the online wallet that you could use in making the deposit easily.  
 

How to Practically Trade

      • select the asset you want to trade for example EUR/USD, GBP/USD, EUR/JPY etc
      • Select the candle expiration  time frame. this is the time each candle expires before it move to form another candle.  This is different from deal expiration time.  Candle expiration time spand from as low as 1 sec to 1 month. and sometimes a year.  Deal expiration time is the time you anticipate your trade to close in profit or loss
      • Analyse the market to predict the movement of the asset base on the deal expiration time. 
      • specify the amount you are willing to invest or bet on each trade. The amount is based on your own risk tolerance level. high risk traders risk a higher proportion of their investment per trade, medium risk traders risk a considerable amount but not as much as the high risk trader. Low risk trader risk smaller amount per trade and they turn to last longer in the market than the high risk and medium risk traders.
      • select either “up or down”,  ” put or call”,  ” buy or sell”  to trigger the trade.
      • Wait for the deal to end and you can see your profit or loss as shown in the trading window. 
HOW TO TRADE THE COMMODITY MARKET

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