Stop 🛑 Stop 🛑 read 📖 it carefully.......
10 Golden rules for successful trading 💹...
1. Always Protect Your Money
Don't lose too much in one trade. Save your money for many trades.
2. Follow the Big Direction (Trend)
Buy when most people are buying. Sell when most people are selling.
3. Use a Safety Exit (Stop Loss)
Decide before you buy where you will get out if things go wrong.
4. Make a Plan and Stick to It
Plan when you will buy, when you will sell, and how much you will risk. Then follow your plan!
5. Keep Your Feelings Calm
Don’t get too excited or too scared. Emotions make bad traders.
6. Understand You Won’t Win Every Time
It's normal to lose sometimes. Winning more than you lose is what matters.
7. Don't Borrow Too Much Money to Trade (Leverage)
Trading with borrowed money can make you lose faster. Be careful.
8. Focus on Being Good, Not Being Rich Fast
Small, steady wins will make you rich over time. Big risks usually fail.
9. Keep Learning New Things
Markets change. Good traders keep learning and improving.
10. Write Down Your Trades
After each trade, write what you did right and wrong. You will get better faster.
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