🟢# To succeed in trading, you need to stay away from risks and emotions. Here are steps to help you control yourself and reduce risks.

💫 Work with a clear trading plan.

Define when to enter the trade, when to exit, and how much loss you can tolerate.

The plan prevents you from acting randomly during market fluctuations.

💫 Always use a stop-loss.

A tool that protects you from significant losses, it automatically closes the trade if the price drops below a certain point.

It's like a seatbelt in a car.

💫 Don't risk more than 1-2% of your capital in a trade.

This is the principle of risk management: even if you lose, you can continue without collapsing psychologically or financially.

💫 Stay away from greed.

Greed makes people enter wrong trades or wait too long for profits to increase, risking everything.

A small but consistent profit is better than a big risk.

💫 Analyze with your mind, not your heart.

Don't buy a currency just because you feel it will rise or because you saw it trending.

💫 Don't monitor the market every minute.

This increases tension and makes you take emotional decisions. Set specific times to monitor the market.

💫 Document every trade you made.

Write why you entered the trade, its result, and what you learned.

This helps you develop and discover your emotional mistakes.

💫 Learn to say #“No”#.

Don't enter a trade just because you're bored or feel you need to compensate for a loss.