You just opened your Stockity account.
You’re staring at a clean chart.
Green and red candles blink like they’re daring you to press the button.
And now the question hits you:
“Where do I even start?”
Trading can feel like stepping onto a moving treadmill at full speed. Everyone seems to already know what they’re doing. There’s talk of indicators, chart patterns, risk ratios, too much noise for someone just trying to place their first trade without blowing it all up.
So, if you’re new, let’s cut through the noise.
This isn’t about giving you a magic formula. There isn’t one.
But there are smart things you can do from day one that will keep you from making the mistakes that most beginners don’t even realize they’re making… until it’s too late.
This is your beginner-friendly guide to starting on Stockity with clarity, purpose, and a little edge.
Start Small. No, Smaller Than That.
Here’s what most beginners get wrong:
They think they need to make money immediately.
Wrong mindset.
Your first day isn’t about profit, it’s about data gathering.
Your goal isn’t to beat the market. It’s to observe it.
Start with demo mode. Get used to how the candles move, how fast price reacts, and how different assets behave. Don’t even think about going live until you’ve logged at least 50 demo trades using a clear method.
And when you go live? Start with the minimum. You’re not testing the market, you’re testing yourself under pressure.
Pick One Asset and Ignore the Rest
Stockity gives you access to all kinds of instruments, currencies, crypto, commodities, indices. Tempting, right?
Don’t fall for it.
Choose one asset. Just one.
Maybe it’s EUR/USD. Maybe it’s BTC. Whatever you pick, stick with it. Watch it. Study it. Learn how it moves across timeframes.
The benefit? You’ll start to see patterns faster. You’ll stop guessing and start recognizing.
Every asset has a personality. You can’t learn all of them at once. Pick one, make it your focus, and let everyone else chase shiny objects.
The Only Indicator You Need (At First)
Want to know a secret?
Most pros don’t use five indicators stacked on top of each other. That’s what beginners do to feel like they’re doing something “technical.”
On day one, all you need is price action and maybe one simple tool: the Moving Average.
Here’s a starter setup:
- Add a 20-period Exponential Moving Average (EMA) to your chart.
- If price is above it and candles are generally making higher highs, consider it an uptrend.
- If price is below and moving down, it’s a downtrend.
That’s your compass.
Trade with the trend. Not against it. Wait for price to pull back to the EMA and show signs of bouncing, that’s your entry window.
It’s simple. But it works.
Don’t Just Place Trades, Track Them
Most beginners treat their trades like disappearing acts. They place them, then forget about them.
You? You’re going to do it differently.
Keep a trading log. It doesn’t have to be fancy. Just a notebook or a spreadsheet with these four columns:
- What you saw before entering
- Why you entered
- What happened
- What you learned
This single habit will teach you more than a thousand YouTube videos ever could.
Because patterns don’t just live in the market. They live in you, your habits, your mistakes, your blind spots. A trading log is how you start spotting them early.
Don’t Trade All Day
Here’s the trap: you win one trade. Then another. Suddenly, you’re riding high and think you can double your account by dinner.
That’s when the crash comes.
Set a limit.
One hour per day. Maybe two.
Stick to 3–5 trades maximum when you’re just starting. The more you trade, the more likely you are to act on emotion instead of logic.
Trading isn’t about activity, it’s about precision. And precision comes from rest, review, and restraint.
One Strategy to Try on Day One: The Reversal Candle + Support Zone
Here’s a simple (and effective) day-one setup:
- Find a strong support zone, where price bounced multiple times in the past.
- Wait for price to approach that zone again.
- Watch for a reversal candle, like a long wick rejection or engulfing candle, at that level.
- If you see it, enter in the opposite direction with a short expiry (1–3 minutes works well on Stockity).
- If it doesn’t bounce? Skip it. No setup = no trade.
That’s your first strategy. No indicators, no complexity. Just observation and patience.
Final Thought: Treat Day One Like Practice, Not a Test
Your first day of trading shouldn’t be about proving anything, not to yourself, not to your friends, not to your account.
It’s a practice round. And the great thing about Stockity is that it gives you everything you need to practice with precision: clean charts, customizable tools, fast execution, and demo access
So here’s your call to action: open your Stockity account, pick one asset, log your trades, and start learning like you mean it. You’re not here to gamble. You’re here to grow. Make day one count.