What strategies are good for beginners?

[bigdolly]

Just practice often, set small goals, learn the basics, and ask for help when needed. Be patient and remember progress takes time!

What is best type of practice in your view? Playing on demo or backtesting on historical prices?

 

[Arafx]

Learn the basics, practice with virtual money, start small, set realistic goals, diversify investments, stay updated, and manage risk with stop-loss orders.

 

[jomina]

For beginners, simple strategies such as trend following and using basic technical indicators like moving averages or RSI can be effective. Trend following involves identifying and trading in the direction of the prevailing market trend, while technical indicators help identify potential entry and exit points. Additionally, practicing sound risk management and starting with a demo account can help beginners build confidence and experience without risking real money.

yes i agree with that, develop your own strategy using technical indicator. Review your strategy and risk management after trading - daily assessment is crucial to monitor your strategy