😂 Trading basics for beginners... but lightly!
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1️⃣ Initially... the market has a mood.
Sometimes you find it up happy... and sometimes down sad... and sometimes it drops so much that you think you are personally to blame.
2️⃣ The principle of "buy when it drops"
We always apply it... but every time it drops again after we buy, so the market proves to us that we are still beginners.
3️⃣ Stop Loss
A beautiful invention... but we Arabs tend to ignore it because "it might reverse" 🤣
4️⃣ Greed is your number one enemy
You’ll find yourself saying: "I'll wait for another half cent"... then the price decides to visit its ancestors below.
5️⃣ Don’t put all your capital in one trade
Unless you want to learn this lesson the hard way... and believe me, you will learn it.
6️⃣ If you win once... remember it’s a coincidence.
And when you lose... remember it’s an "experience".
7️⃣ Don't listen to anyone telling you to enter right now!
The only one you can trust... is your feeling. And if your feeling tells you
to enter... go back to sleep.
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