10 Golden Rules for Beginner Traders
Start smart. Trade smart. Win smarter.
1. Start Small and Stay Safe
Begin with an amount you're comfortable losing. Treat early trading as paying for your education.
2. Learn Before You Earn
Study market basics—price action, charts, and trading psychology—before you risk real money.
3. Protect Your Capital at All Costs
Never risk more than 1–2% of your account on a single trade. Surviving is winning in the beginning.
4. Always Trade with a Plan
Define your entry, target, and stop-loss before entering any trade. No guessing. No winging it.
5. Avoid the Hype and FOMO Traps
Chasing pumps or following random social media tips usually ends badly. Trust your own research and setups.
6. Accept That Losses Are Normal
Even pro traders lose. Stay cool, stick to your plan, and see losses as tuition fees, not failures.
7. Master One Strategy First
Don't jump from one strategy to another. Pick one simple method and get really good at it before adding complexity.
8. Keep a Trading Journal
Track every trade: your plan, your emotions, and your results. A journal is your personal roadmap to improvement.
9. Trade Less, Win More
Overtrading drains your account and your energy. Only trade when your setup is clear and strong.
10. Stay Calm and Stay Consistent
Consistency beats excitement. Boring, disciplined trading habits build wealth over time.