Take Profit and Stop Loss orders are not just for beginners, they are used by professional traders to manage risk and improve consistency. Without them, trading CFDs becomes a gamble rather than a strategic approach.
Target quick gains from several trades to reach ₹500 daily with lower risk. Focus on stocks with news for better volatility and profit potential. Limit losses by sticking to a strict stop loss for every trade. Choose low-brokerage platforms and avoid overtrading to keep profits intact.
A $1 minimum deposit means that you can open a trading account with as little as $1. This is typically offered by brokers to make it easier for new or small-scale traders to start trading with minimal financial commitment.
Yes, of course you can make $100 a day trading with $100. Just invest $100 to buy a stock that will go up 100% before market closes.
Well, that depends, but $500 is a good number to get started. In this article, we'll explain how to start trading with $500, and share the right strategies and mindset to sustain the wins in the long term.
The 3 5 7 rule is a risk management strategy in trading that emphasizes limiting risk on each individual trade to 3% of the trading capital, keeping overall exposure to 5% across all trades, and ensuring that winning trades yield at least 7% more profit than losing trades.