Learn the basics of the market you want to trade
Choose a trading style that fits your time and risk tolerance
Open an account with a regulated broker
Start with a clear trading plan
Define your entry and exit rules before placing a trade
Use risk management on every trade
Set a stop-loss for each position
Decide your position size based on account risk
Avoid trading with money you cannot afford to lose
Practice on a demo account before using real money
Keep a trading journal
Review your trades regularly
Control emotions and avoid impulsive decisions
Stay informed about market news and events
Use technical and/or fundamental analysis
Trade only when your setup matches your plan
Protect your capital first
Be consistent with your strategy