Want to level up your trading game and avoid rookie mistakes? These basic but powerful rules are here to protect beginners and keep pros sharp.
1. Follow the Trend, Don’t Fight It
Before entering a trade, check the market’s direction.
In a bullish trend — look for buy opportunities.
In a bearish trend — consider shorting or staying out.
Trading against the trend often leads to losses.
2. Always Use a Stop Loss
Every trade needs a safety net.
Without a stop loss, one bad move can wipe out your balance.
Limit your risk — never stake more than 1–2% of your total capital.
3. Be Selective, Not Reactive
You don’t need to be in a trade 24/7.
Wait for strong setups with clear entries and exits.
One high-quality trade beats ten random ones.
4. Stay Emotion-Free
Fear and greed can ruin your decision-making.
Stick to your plan — not your mood.
Emotional traders lose. Calm minds win.
5. Learn First, Risk Later
Before using a new strategy, backtest it.
See how it performs with past data.
Never risk real money on a strategy you haven’t fully studied.
6. Track Your Trades
Keep a log of every trade — entry, exit, reason, result.
Review it weekly to spot patterns and mistakes.
It’s the fastest way to improve.
7. Only Risk What You Can Lose
Trade with money you can afford to lose — not rent or emergency funds.
Less pressure = clearer thinking.
8. Don’t Copy Without Thinking
It’s okay to learn from others, but never follow trades blindly.
Know the “why” behind each move.
Even pros make mistakes — trust your own research.
9. Stay Informed
Market news can shift prices in seconds.
Always check for major updates or events before entering a trade.
DAILY ROUTINE FOR SMART TRADERS
✔️ Check higher timeframes (1H, 4H, Daily) for trend
✔️ Mark key support and resistance levels
✔️ Plan your trade: entry, stop loss, target
✔️ Define risk per trade
✔️ Stay cool — avoid FOMO and panic
REMEMBER:
The market rewards patience, not activity. Don’t chase — wait for the right setup.
IF YOU’RE READY TO TRADE SMARTER —
Drop a “YES” in the comments.
Tag a friend who needs these tips.