1. Do your own research (DYOR)
Never rely completely on othersâ opinions. Study the market before investing.
2. Use stop-loss and take-profit
Always protect your capital by defining your exit points.
3. Donât trade with emotions
Fear and greed can ruin good strategies. Stay calm and logical.
4. Manage your risk
Never invest more than you can afford to lose. Use proper position sizing.
5. Follow the trend
Trade in the direction of the market trend for higher success probability.
6. Avoid overtrading
Too many trades can increase losses. Choose quality setups only.
7. Learn technical analysis
Understand charts, indicators, and patterns to make informed decisions.
8. Stay updated with news
Market-moving events can impact prices instantly. Keep track of global news.
9. Secure your profits
Donât wait too long hoping for bigger gains. Lock profits when needed.
10. Keep a trading journal
Record your trades to analyse mistakes and improve over time.
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