Most failures occur due to repeated mistakes. To survive in the market, avoid the following:
❌ Against the trend: Always go with the flow of money.
❌ Weak capital management: Only risk 1–5% per trade.
❌ Too many strategies: Focus on one effective system.
❌ No record keeping: A trading journal is an essential tool.
❌ Unrealistic expectations: With small capital, profits should be modest.
❌ Greed or fear: Emotions kill accounts.
❌ Predicting the market: React to signals, not wishes.
❌ Overtrade: Trade less but with quality.
📌 Crucial rules:
Profit or loss of 10% → Stop trading.
Discipline + Risk management + Psychological control = Long-term success.