Four Important Principles and Disciplines for Trading!
As a trader, whether in the stock market📈, foreign exchange market💵, or futures cryptocurrency🪙 field, these four entry disciplines must be adhered to!
1️⃣ Determine the trend! Trade in the direction of the trend📈! Then find the key levels and enter after confirming the test💰.
2️⃣ Set a stop loss. To prevent stop loss hunting🥷, it's best to set the stop loss below the key level.
3️⃣ Set a take profit💵, and establish a reasonable take profit position based on your strategy.
4️⃣ The rest is to patiently wait👩💻 and leave it to time⌛️. Of course, if possible, monitor the market appropriately and manage your orders well.
