If you want to improve your trading skills and avoid silly mistakes, follow these simple and effective rules. These rules were designed to help beginners stay safe and assist experienced traders in being smart.
1. Go with the market, not against it
Always check the market direction before trading.
If the market is trending upwards, focus on buying.
If the market is trending downwards (bearish), look for selling opportunities.
Wrong direction = loss. Right direction = profit.
2. Use a stop loss order every time
Never enter a trade without a stop loss.
Markets can move quickly - one mistake can empty your account.
Only risk 1-2% of your capital per trade.
3. Do not chase every move
You don’t have to trade all the time.
Wait for strong setups with clear entry and exit points.
One good trade is better than ten random trades.
4. Do not trade with emotions
Fear, greed, and stress are your biggest enemies.
Always follow your plan, not your feelings.
The calm trader is the successful trader.
5. Learn before you risk
Before trying any new strategy, test it first.
Check how it performed in the past - this is called backtesting.
Never risk real money on something you do not fully understand.
6. Keep a trading journal
Write down all your trades - entry, exit, reason, and result.
Review your journal weekly. It helps you learn faster and identify your mistakes.
7. Risk what you can afford to lose
Only trade with extra money - not rent, bills, or borrowed funds.
This will help you stay stress-free and more focused.
8. Do not blindly imitate others
Learn from others, but do not follow trades without understanding the reason.
Even the best traders are not right all the time.
9. Stay informed about market news
Big news can move prices quickly.
Always check the news before entering trades, especially regarding major updates.
Daily habits to follow
Check the trend on larger timeframes (1H, 4H, daily)
Identify support and resistance areas
Make a complete plan before entering (entry, challenge level, goals)
Determine the risk for each trade
Stay relaxed - there is no fear of missing out, no panic.
A quick reminder for all traders
The market rewards patience, not busyness. Do not rush, and trade rationally.
Call to action
If you really want to trade better starting today, write 'yes' in the comments.
Tag a friend who needs to see this - help them avoid common mistakes
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