09.05.2025
Mikhail Vnuchkov
Author at Traders Union
09.05.2025

Gerchik & Co shares key rules for getting started in trading

Gerchik & Co shares key rules for getting started in trading Gerchik & Co helps beginners succeed with a clear trading plan

​Gerchik & Co, an international broker founded by professional traders, is helping newcomers get started with its “Fast Track to Trading” guide — a step-by-step plan for a confident entry into the financial markets.

The tips are aimed at beginner traders and are based on practical experience, focusing on minimizing risks and maximizing skill development.

Trade smart, not fast

One of the most common mistakes beginners make is chasing quick profits. Gerchik & Co emphasizes the importance of discipline and advises risking no more than 1–2% of capital per trade. For example, with a $1,000 account, the maximum risk per trade should be $20. If you risk $100 instead, just a few losing trades could cut your balance in half. The steady trader ultimately wins.

Stick to one strategy

Another key lesson from Gerchik & Co is to avoid jumping between strategies. It’s better to choose one, test it thoroughly on a demo account, and then move to live trading with small volumes. Whether it's a trend-following or breakout strategy, consistent application over time builds confidence and trading resilience.

Amplify opportunities with a bonus

Beginners often start with limited capital, but a bonus — often provided by brokers — can significantly boost it. Gerchik & Co offers a powerful solution: a 100% deposit bonus (up to $1,000). This effectively doubles trading capital. For example, depositing $1,000 results in a $2,000 balance, enabling larger positions while maintaining proper risk management.

Keep a trading journal

Even experienced traders keep journals of their trades, and beginners should do the same. As Gerchik & Co points out, journaling helps identify recurring mistakes and psychological triggers — such as trading under stress or ignoring signals. Over time, this self-awareness improves decision-making and reduces costly errors.

Learn in a community

Starting alone can be difficult. Gerchik & Co encourages new traders to engage with experienced mentors, attend webinars, and follow market analysis.

In conclusion, the broker emphasizes that trading success is built not on shortcuts, but on structure, consistency, and support.

Reminder: Starting May 12, Gerchik & Co will launch 24/7 cryptocurrency CFD trading with improved conditions.

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