Invest your intelligence in trading and do not invest your emotions.

Most new traders rely on their emotions for buying and selling without referring to indicators and news, as they trust a currency without studying it, causing them to buy when it drops and remain at a loss or lose their balance due to their emotions. It may rise without studying the project and its goals, and whether it can succeed or not, and they do not review the indicators to see if there is demand or trading activity. Therefore,

1 Read the project thoroughly and understand it to know if it has a future.

2 Review the trading volume and the buying and selling activity.

3 Choose entry and exit points that suit your capital.

4 Define your profit and loss goals that you can tolerate.

5 Do not use your entire capital.

6 The most important thing is to accept small profits or minor losses and do not oppose the market.