Few words how acquire basic trading skills, you can follow these steps:

1. Learn the Basics of the Market

• Types of Markets: Understand the differences between stocks, bonds, currencies, cryptocurrencies, and commodities.
• Basic Terms: Trading, investing, liquidity, volatility, spread, margin, etc.
• Types of Trades: Understanding the difference between buying (long) and selling (short).

2. Technical Analysis

• Charts and Timeframes: Understanding different types of charts (candlestick, line, bar) and their timeframes (1M, 1H, 1D, 1W).
• Trendlines and Support/Resistance Levels: Basics of drawing trendlines and identifying key levels.
• Indicators: Get familiar with basic indicators such as Moving Averages (MA), Relative Strength Index (RSI), Stochastic, and Bollinger Bands.

3. Fundamental Analysis

• Basics of Macroeconomics: Understanding the impact of economic indicators like GDP, inflation, and unemployment on the market.
• News and Events: How company news or global events can affect asset prices.

4. Risk Management

• Capital Management: Principles of capital allocation to minimize risks.
• Stop-loss and Take-profit: How to set levels for automatically closing positions to minimize losses and secure profits.
• Risk per Trade: Determining the acceptable risk per trade as a percentage of the total capital (e.g., 1-2%).

5. Trading Psychology

• Emotional Control: The importance of discipline and managing emotions (fear, greed).
• Planning and Strategy: Creating a trading plan and strictly following it.

6. Practice on a Demo Account