Things every beginner trader should do before trading.

ANALYZE THE MARKET (BEFORE TRADING)

Check the news and economic events of the day.

Study the main support and resistance points. Outline your plan: what will be your strategy? What are your loss and gain limits?

TRADE WITH FOCUS AND DISCIPLINE

Follow your trading plan WITHOUT EMOTION.

Respect your stop loss and take profit.

LOG YOUR TRADES

Every trade should be recorded in a trading journal.

Analyze why you won or lost each trade. This prevents repeating mistakes and improves your consistency.

MAINTAIN EMOTIONAL CONTROL

If you hit a stop, DO NOT TRY TO RECOVER THE MONEY in desperation.

If you are emotionally unstable, stop trading.

Trading is a mental game. Emotional control is worth more than any strategy.

TAKE CARE OF YOUR BODY AND MIND

Sleep well to have mental clarity the next day.

Avoid excess coffee or stimulants, as they can increase anxiety.

Exercise to maintain energy and focus.

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