Trading is a challenging process that requires brothers to have a deep understanding, because no one can always win in the currency circle. Everyone starts from scratch and has achieved success after many ups and downs.

When trading, there are a few points that need special attention:

Be brave to try and invest carefully: It takes time to accumulate wealth, and it is impossible to get rich overnight. First of all, you must protect your principal. The size of the opening position should be controlled between 30%-40% of the principal, and avoid greed and high-risk operations. Success may occur many times, but a failure may wipe out the previous results. Therefore, position management is very important, and choosing an appropriate leverage (5-10 times) is a more stable way.

Set stop-profit and stop-loss: Whenever you trade, you must set a stop-loss line. Not setting a stop-loss will lead to capital loss and is the first step towards failure.

The importance of emotional management: In trading, there is no guarantee of eternal profit. It is inevitable to experience losses, but you cannot panic because of this. Never risk using high leverage to recover losses. This behavior usually leads to greater losses, which is equivalent to the gambler mentality driving, and the risk is far greater than the benefit.

In addition to the above basic principles, the application of technology is also key. Everyone has his or her own trading technology system, so there is no need to be greedy. The key is to master your own methods and control your emotions, which is the core of successful trading.

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