Before entering any deal, consider these tips:
1. Define your goal: Are you entering a long-term investment or a short-term speculation? Your goal determines your strategy.
2. Analyze before you act rashly: Use both technical and fundamental analysis together; do not rely on random recommendations.
3. Set an entry and exit plan: Do not enter without determining entry points, stop-loss, and take-profit.
4. Do not risk more than you can afford: The ideal risk percentage should not exceed 1-3% of your capital in the deal.
5. Monitor the market calmly: Do not let emotions control your decisions; the market does not forgive the hasty.
Remember: Caution is not weakness; caution is the secret to surviving in the market.
Best regards:
alnero
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