What should I look out for, how should I prepare, and what’s the best approach? All suggestions are welcome!
In trading you must have a strategy and experience will teach you how one should trade properly.
In trading you are not competing with anyone but trying to see the potential of the strategy in the trade you make so that the trade will have a positive effect to run.
If you want to succeed in trading then what must be done is knowing how and not being greedy to make a lot of profit. Trading does not guarantee consistent profits because there are times when you will also face losses even though the strategy is correct.
Improve your trading skills and practice by using small capital first and when your trading experience becomes better then trade with a slightly larger amount.
Knowledge and experience are important in trading because we will have an idea when we are involved in it with any conditions.