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30 Days step by step beginning traders routine
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Mac-Collins
57 days ago📅 30-Day Beginner Trading Routine
Week 1 – Foundation (Day 1–7)
🎯 Goal: Understand basics & get set up.
Day 1–2 → Learn what forex/crypto trading is, how profit is made.
Day 3 → Download MT4/MT5 (or TradingView). Create a demo account.
Day 4–5 → Learn how to place buy/sell trades, set Stop Loss (SL) & Take Profit (TP).
Day 6 → Study candlesticks: bullish vs bearish candles, wicks, engulfing, doji.
Day 7 → Journal: Write what you’ve learned this week.
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Week 2 – Chart Reading (Day 8–14)
🎯 Goal: Learn to analyze price movement.
Day 8–9 → Learn Support & Resistance (mark highs/lows on chart).
Day 10 → Learn Trendlines (uptrend = higher highs, downtrend = lower lows).
Day 11 → Practice drawing support/resistance + trendlines on demo.
Day 12–13 → Learn 2 basic indicators: Moving Averages (50 & 200) + RSI.
Day 14 → Review & practice. Take at least 3 demo trades based on trend + S/R.
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Week 3 – Strategy & Risk (Day 15–21)
🎯 Goal: Build your first trading system.
Day 15–16 → Learn Risk Management (1–2% per trade, lot sizes).
Day 17–18 → Learn Risk-Reward Ratio (1:2 or better).
Day 19 → Create a simple trading plan (example: only trade trends + S/R).
Day 20 → Place 5 demo trades using your plan. Record results.
Day 21 → Review your trades (what worked, what didn’t).
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Week 4 – Discipline & Going Live (Day 22–30)
🎯 Goal: Practice like a real trader & prepare for small live trading.
Day 22–24 → Stick to your plan. Place only high-quality trades (no overtrading).
Day 25 → Learn about economic calendar (Forex Factory, Investing.com).
Day 26 → Study how news affects markets (NFP, CPI, interest rates).
Day 27–28 → Backtest your strategy (check old charts to see how it works).
Day 29 → Decide if you’re consistent. If yes → prepare a small live account ($10–50 max).
Day 30 → Start live trading with strict risk rules OR continue demo if not confident yet.
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📓 Daily Rules for You
Trade only 1–2 pairs at first (e.g., EUR/USD, Gold).
Use a trade journal → record entry, SL, TP, result, and lessons.
Never risk more than 1–2% of your account.
Focus on quality setups, not quantity.
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👉 By the end of 30 days, you’ll understand charts, have a trading plan,
and either:
Start trading small live, or
Keep practicing on demo until you’re confident.