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Full Beginner Guide 2024 4

The document outlines a Beginner Plan for trading in FX, derivatives, and financial products, emphasizing the importance of learning fundamentals, building a trading system, and gradually transitioning to live trading. It includes recommended resources such as websites and apps for trading, as well as advice on managing funded accounts and personal finances. Additionally, it provides insights into leaving a 9-5 job through trading and suggests alternatives for learning trading concepts more interactively.

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tiagob2727
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13 views7 pages

Full Beginner Guide 2024 4

The document outlines a Beginner Plan for trading in FX, derivatives, and financial products, emphasizing the importance of learning fundamentals, building a trading system, and gradually transitioning to live trading. It includes recommended resources such as websites and apps for trading, as well as advice on managing funded accounts and personal finances. Additionally, it provides insights into leaving a 9-5 job through trading and suggests alternatives for learning trading concepts more interactively.

Uploaded by

tiagob2727
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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ASIC AUSTRALIAN FINANCIAL SERVICES

REPRESENTATIVE 001306707 AFSL


330757

BEGINNER PLAN

TRADING IN FX, DERIVATIVES AND FINANCIAL PRODUCTS OR INSTRUMENT TRANSACTIONS


INVOLVES RISK OF LOSS. ALL ADVICE IS GENERAL ONLY. TRADINGPOOL PTY LTD (ACN: 670 865 497)
IS AN AUTHORIZED REPRESENTATIVE ( AR NO 001306707) OF ALPHA SECURITIES PTY LTD (AFSL:
330757)

ORGANISED BY:
TRADINGPOOLPREMIUM.COM TRADINGPOOL PTY LTD
ASIC AUSTRALIAN FINANCIAL SERVICES
REPRESENTATIVE 001306707 AFSL
330757

BEGINNER PLAN
2024
LEARN THE FUNDAMENTALS (1-2 MONTHS)

USE BABYPIPS.COM TO UNDERSTAND THE BASICS OF TRADING (FREE)

USE YOUTUBE TO UNDERSTAND SMART MONEY CONCEPTS


(SUPPLY AND DEMAND, MARKET STRUCTURE AND LIQUIDITY)

JOIN A MENTORSHIP IF NEEDED IF YOUTUBE IS NOT ENOUGH FOR FEEDBACK

BUILD YOUR SYSTEM WITH YOUR CHOSEN STRATEGY


(3-6 MONTHS)
CHOOSE YOUR STRATEGY THAT YOU WANT TO BUILD YOUR SYSTEM AROUND

BACKTEST OR FORWARD TEST 200-500 PIECES OF DATA

USE THE NOTION APP AS THE JOURNAL TO COLLECT THE DATA ON YOUR
SYSTEM

OPENING AN ACCOUNT AND GOING LIVE (6 MONTHS+)

ONCE YOUR DATA COLLECTION IS COMPLETED YOU WILL FEEL READY TO


OPEN A LIVE ACCOUNT AND REMEMBER YOU WILL NEVER STOP LEARNING
ESPECIALLY WITH THE PSYCHOLOGY ASPECT OF TRADING

MY PREFERRED PROP FIRM IS FUNDEDX BECAUSE OF THE RAW SPREADS

MY PREFERRED PERSONAL ACCOUNT BROKER IS FUSION MARKETS BECAUSE


OF THE RAW SPREADS

START SMALL AND BUILD YOUR WAY UP AND REMEMBER THAT IT IS A


MARATHON AND NOT A SPRINT

ORGANISED BY:
TRADINGPOOLPREMIUM.COM TRADINGPOOL PTY LTD
ASIC AUSTRALIAN FINANCIAL SERVICES
REPRESENTATIVE 001306707 AFSL
330757

APPS/SITE NEEDED
2024
APPS NEEDED FOR TRADING
META TRADER 4 - TRADING PLATFORM
META TRADER 5 - TRADING PLATFORM
NOTION - JOURNALLING FOR DATA COLLECTION
TRADINGVIEW - CHARTING PLATFORM
DXTRADE - TRADING PLATFORM
CTRADER - TRADING PLATFORM
TRADELOCKER - TRADING PLATFORM

WEBSITES NEEDED FOR TRADING


MYFXBOOK - RISK MANAGEMENT CALCULATOR
FOREXFACTORY - MONITOR NEWS EVENTS
FUNDEDX - PREFERRED PROP FIRM
DISCORD - IF YOU ARE LOOKING AT MENTORSHIPS

LINKS TO RESPECTIVE WEBSITES

HTTPS://WWW.MYFXBOOK.COM/FOREX-CALCULATORS/POSITION-SIZE
HTTPS://WWW.FOREXFACTORY.COM/
HTTPS://PROP.FUNDEDX.COM/SIGNUP/?REFERRAL=C445CC67
HTTPS://WWW.TRADINGPOOLPREMIUM.COM/
HTTPS://DX.TRADE/
HTTPS://CTRADER.COM/
HTTPS://TRADELOCKER.COM/

ORGANISED BY:
TRADINGPOOLPREMIUM.COM TRADINGPOOL PTY LTD
ASIC AUSTRALIAN FINANCIAL SERVICES
REPRESENTATIVE 001306707 AFSL
330757

APPS/SITE NEEDED
2024
ADDITIONAL NOTES

REMEMBER THAT FUNDED ACCOUNTS SHOULD BE LOOKED AT AS A TOOL TO


MAKE MONEY FOR YOUR PERSONAL ACCOUNTS WHICH SHOULD BE YOUR
MAIN PRIORITY AS YOUR PERSONAL ACCOUNT WILL BE WITH A BROKER THAT
IS REGULATED WHICH WILL BE THE SAFEST METHOD FOR YOU

DO NOT HAVE ALL YOUR EGGS IN ONE BASKET BECAUSE FOR EXAMPLE IF YOU
HAVE ALL YOUR EGGS IN A PROP FIRM WITH 500K OF FUNDING AND THEY GO
DOWN YOU WILL BE LEFT WITH NOTHING AND IF YOU ARE FULL TIME TRADING
THOSE BILLS WILL ADD UP VERY QUICKLY SO IT WOULD BE WISE TO HAVE A
SAFETY NET

MOST CONCEPTS ARE JUST THE SAME THING BUT REHASHED SO MAKE SURE
YOU ARE LEARNING FROM SOMEONE THAT HAS KNOWLEDGE AND SOMEONE
THAT TOOK THE JOURNEY FROM START TO FINISH IN THE SKILLSET THAT YOU
WANT TO LEARN

ORGANISED BY:
TRADINGPOOLPREMIUM.COM TRADINGPOOL PTY LTD
ASIC AUSTRALIAN FINANCIAL SERVICES
REPRESENTATIVE 001306707 AFSL
330757

BLUEPRINT FOR
LEAVING YOUR 9-5
WITH TRADING
(MY EXPERIENCE)
200K FUNDED ACCOUNT NEEDED

5-10% PROFIT ON IT PER MONTH FOR AT LEAST A QUARTER

NO OTHER STREAMS OF INCOME COMING IN (YOUR


TRADING AND 9-5 JOB SHOULD BE THE ONLY INCOME
COMING IN)

AT THIS POINT I WAS RISKING 0.5% OF MY ACCOUNT TO HIT


A 5-10% RETURN PER MONTH WHILE WORKING 70 HOURS A
WEEK AT MY JOB

IF YOU WERE LIKE ME AND YOUR TIME WAS LIMITED YOU


CAN STILL MAKE DO WITH TRADING A PARTICULAR SESSION
WHEN THE CONDITIONS ARE GOOD

REINVEST A SMALL AMOUNT OF THE PROFITS INTO OTHER


FUNDED ACCOUNTS AND PERSONAL ACCOUNTS

REINVEST FUNDING INTO OTHER BUSINESSES AND


INVESTMENTS (BECAUSE THAT IS THE SMART THING TO DO)

ORGANISED BY:
TRADINGPOOLPREMIUM.COM TRADINGPOOL PTY LTD
ASIC AUSTRALIAN FINANCIAL SERVICES
REPRESENTATIVE 001306707 AFSL
330757

ADDITIONAL
SIMPLIFIED
BEGINNERS GUIDE
THERE IS A SIMPLER ALTERNATIVE THAT IS EASIER TO
UNDERSTAND INSTEAD OF GOING THE TRADITIONAL
BABYPIPS.COM ROUTE

IT IS AN APPLICATION CALLED “TRADING GAME” ON THE


APP STORE THERE WILL BE A PHOTO BELOW AND YOU WILL
BE ABLE TO GO THROUGH THE LEARN SECTION YOU
SHOULD BE ABLE TO BUILD YOURSELF A BASIC
UNDERSTANDING OF WHAT TRADING IS

DON‘T FORGET TO TAKE NOTES AS WELL ALONG THE WAY


AS IT WILL HELP YOU REMEMBER THE FOUNDATIONS BUT
THIS IS A MUCH QUICKER ALTERNATIVE AND A MORE
INTERACTIVE WAY TO LEARN ABOUT TRADING

ORGANISED BY:
TRADINGPOOLPREMIUM.COM TRADINGPOOL PTY LTD
ASIC AUSTRALIAN FINANCIAL SERVICES
REPRESENTATIVE 001306707 AFSL
330757

TRADE COPIER I
USE FOR MYSELF

I ONLY USE A TRADE COPIER TO COPY MYSELF AS I HAVE


TOO MANY ACCOUNTS TO GO IN AND OUT OF SO RECENTLY
STARTED USING A TRADE COPIER AS YOU MAY HAVE SEEN
AND IT HAS BEEN WORKING WELL FOR ME YOU CAN
CONFIGURE YOUR SYSTEM ANY WAY YOU WANT BUT FOR
THE PEOPLE THAT WANT TO KNOW WHICH TRADE COPIER I
USE IT IS LISTED BELOW

ORGANISED BY:
TRADINGPOOLPREMIUM.COM TRADINGPOOL PTY LTD

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