In order to get to know important points from which you can earn profits and avoid losses.
Of course, I use a very high leverage, and this is a big risk, but I can overcome it and come out safely when danger arises.
First, I do not enter a trade with more than 10% of the capital, and this strategy does not work for those with small capital. Some have $10 and want to earn quickly, and this is impossible. Second, set profit and loss targets without greed or avarice. I have a conviction in reaching the goal I set, even if it exceeds my expectations; I will not regret it because I have tried, and the results were unsuccessful.
Third, I do not rely on rumors or what some write, except for some professionals and experienced people in this field. Although I like every post or article that comes in front of me, I consider it moral support to encourage the person to research and continue learning and practicing.
Until they become a professional, and I see their posts have become useful and play an active role in market trends.
Therefore, the most important thing is that you do not enter with more than 10% of your capital, and the most important thing is to try to grow your capital through trading and make your goal in every trade you do $0.50, then close and stay away from greed until you have a large capital.
And use leverage that suits you.
