It is totally stupid to try and start trading without some kind of trading plan. Learn what you need to do to make yourself successful and put it in your stock or forex plan and review it weekly. Adjust your trading plan as needed this will make you a better trader overall and keep emotions out of trading. Make sure to write down your successes and what made that trade earn money. This is key to continuing to have profitable trades.

  Most forex and stock brokers have very good trading platforms that you can learn these types of indicators on. Take the time to learn when it is time to buy and when to preserve your trading capitol. How much time you spend is up to you but the more time spent learning how to trade the better. You need to understand the losses are part of trading the forex or stock market. Write down why you took a loss and learn from the experience.

  New forex traders that are not experienced can lose all their capitol in a short time. You need to learn what to do and when to make trades. There are not good trades to be made everyday so you need to learn patience and discipline in your trading. This is the mistake most new forex traders make.