Step-by-Step Tutorials

Tutorial: How to Place Your First Trade Step by Step

A complete walkthrough from opening a brokerage account to executing your first trade with proper risk management.

Key rules

  1. Open account → fund → chart the setup → size the position → execute
  2. Use minimum position size for your first trade — focus on process
  3. Always have the stop-loss order entered before walking away
  4. Screenshot and journal every trade including your reasoning
  5. Debrief after the trade: what did you do right, what to improve

Step 1: Open and fund a regulated brokerage account. Step 2: Download the broker's app or use TradingView for charting. Step 3: Identify a setup using your chosen strategy. Step 4: Calculate position size using the risk calculator. Step 5: Place the order with your pre-defined stop-loss.

For your first trade, use minimum position size regardless of account. The goal is to learn execution mechanics — not to make money yet.

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