Never traded before? Start here - 3 simple ideas

1. A price moves up and down every second - gold, currencies, oil, all of them. Trading means deciding in advance what you will do when the price moves, not reacting after it has moved.

2. Before any idea, decide how much you can afford to lose. Many traders risk one percent of their account, or less, on one idea.

3. Skill takes time. Learn first. Practise on a demo account with play money. Only then think about real money.