> For the complete documentation index, see [llms.txt](https://docs.bitfoot.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.bitfoot.com/trading-guides/getting-started/how-to-start-trading.md).

# How to Start Trading

## **General Principles for Beginners**

### **Prepare for Losses**

Losses are part of the learning process, especially in high-risk markets. Consider any initial losses as part of your “learning fee” and focus on improving rather than chasing instant gains.

### Only invest money you can afford to lose

Only invest money you can afford to lose. Treat every dollar spent on speculative assets like a high-risk bet and avoid using funds meant for essential needs.

### **Stay Calm and Start Small**

If you're feeling nervous or anxious about your investments, it's a sign that you're over-invested. Scale down, breathe, and remember that it’s okay to start with small amounts while you learn.

## **Steps to Begin Trading**

### **1. Choose Your Trading Strategy with Bitfoot**

Bitfoot offers various trading features to suit different strategies, from **copy trading** (following successful traders) to **sniping** for new token launches. Take some time to explore Bitfoot’s features:

* [**Copy Trading**](/bitfoot-bot/solana-trading/copy-trading.md)
  * Follow and automatically replicate the trades of experienced traders. This is ideal if you want to leverage the expertise of others without constant monitoring.
* [**Sniping Tools**](/bitfoot-bot/evm-trading/auto-sniper.md)
  * Use Bitfoot’s sniping tools to quickly buy new tokens at launch, aiming for early entry in high-potential projects.
* [**Manual Trading**](/bitfoot-bot/solana-trading/manual-swaps.md)
  * For those who prefer a hands-on approach, Bitfoot allows you to execute trades manually with built-in tools to enhance control.

### **2. Start Small**

As a beginner, consider starting with small trades. This can help you get comfortable with Bitfoot’s features and reduce the impact of price fluctuations.

### **3. Monitor and Manage Your Portfolio within Bitfoot**

Bitfoot’s tools like notifcations and [**trade monitor**](/bitfoot-bot/additional-tools-and-settings/trade-monitor.md) provides real-time tracking and management tools for all your trades and holdings. Track your open positions, see recent trades, and monitor your overall performance. Bitfoot also offers customizable settings for [**stop-loss, take-profit**](/bitfoot-bot/solana-trading/limit-buy.md), so you can adjust your trading strategy as you gain experience.