We Have seen lots of people are failed to pickup the write direction in futures Trading, below is the following step you must consider before enter in any tarde..
6 Essential Steps Before Entering Any Trade
Whether you're trading crypto, stocks, or forex—every successful trade starts with preparation. Here are the key steps to follow before you click “Buy” or “Sell”:
1. Define Your Trading Plan
Set clear goals (day trade, swing, long-term)
Choose your market
Know your risk tolerance
2. Analyze the Market
Use technical analysis (charts, indicators, patterns)
Consider fundamentals (news, project strength, updates)
3. Identify the Trade Setup
Plan your entry point
Set clear take-profit and stop-loss levels
4. Manage Risk
Stick to smart position sizing (1-2% of your capital)
Always use a stop-loss
Avoid overleveraging
5. Check Market Conditions
Watch for high-impact news or events
Assess volatility before jumping in
6. Keep a Trading Journal
Record every trade
Review your decisions and improve over time
Discipline beats hype. Master these basics and build a strategy that works for you.
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