Tips
1. Always Use Stop Loss (SL): If you do not set a stop loss, small losses can turn into big losses. This is the most important weapon to protect your capital. 💸
2. Follow Risk Management: Do not go "all in" with capital in one trade. Take a maximum of 2-5% risk per trade. 🤩
3. Do not trade against the trend: "Trend is your friend." You can survive only by trading with the market trend. 📉
4. Use Leverage wisely: 25x, 50x leverage is attractive but risky. For beginners, it is safe to stay at 5x or 10x. However, leverage does not matter if you take less margin 🔽
5. Check Breakout or Confirmation before entering: If you enter in the wrong place, you will lose instead of profit. Take trades by looking at SMC, OB, or support-resistance. ✅
6. Avoid Overtrading: It is better to take 2 good trades instead of 10 trades a day. ✔️ 7. Don't trade on FOMO or rumors: Don't rush into trading just because you see others. Trust your own analysis. ❤️✔️
8. Regular Learning Essential: Learning trading never ends. Give it time, learn SMC, ICT, Fibonacci, or other strategies. ✅
9. Don't withdraw everything when you make a profit: Return some of your profits to your capital to increase your capital.
10. Keep yourself calm (Emotional Discipline): Stay away from greed, fear, and revenge. Make decisions with a cool head.
