📒. Always use a trading plan and do not enter randomly
📈. Treat trading like a business and calculate your losses before your profits
🤔. Patience, patience, then patience is the most important thing a trader should have
💯. Know the right time to enter the trade and don't enter randomly which means you catch FOMO. You see a rising coin that you get into and suddenly you find that it has fallen and you get attached to the coin and start looking for an analysis or a way. of the mistake you made and then finally getting desperate and selling at a loss.
💰. Protect your trading capital
📊. Learn to analyze and choose a strategy that makes trading easier for you. Don't enter the field without learning the basic principles and concepts of analysis.
💸. Risk only what you can afford to lose because it is a risky market and not a gambling game. You put in $50 today and get $100 tomorrow.
🪙. Always use stop loss
💡. Know when to stop trading. Successful trades don't happen every day. Opening 5-6 successful trades in a month is enough to grow your portfolio.
💵. Determine your goal for the currency before entering into any speculative or investment agreement, and not when you engage with the currency and say, "Let's make it an investment," and the last thing you can do is get tired of it and its declines and sell at a loss.
