Peace of God be upon you all.
Introduction:-
Definition of the losers:~ They are genius and thoughtful people, but they cling on, do not set goals and strategies, and delay reaping their profits from currencies until the liquidity of the currency goes and they remain stuck in a specific currency waiting for the next wave.
Topic:-
Trading does not depend on luck; it is mainly strategy, goal, profit, and loss. The bitter truth is that people in trading are either winners or losers; not everyone comes out as a winner. Therefore, to avoid being a victim of your greed and fear, follow the following points.
1️⃣ If you are a beginner, you need to learn and practice, either with a demo account, and beware of relying on luck.
2️⃣ After learning, follow a specific strategy with a target and stop loss.
3️⃣ Do not weaken before your greed, for it causes you to lose your profit.
4️⃣ If you set the limit at which you worked, stop your losses at that point. Do not weaken before your fear, for it causes you to lose your capital.
5️⃣ Do not rely on advisors, neither completely nor partially, because you are dealing with your personal funds. Conduct your own research and analysis.
6️⃣ If you want to trade, you must learn technical and fundamental analysis so that you do not lose your money (so that you do not blame your losses on others).
7️⃣ Finally, increase your prayers upon the Prophet Muhammad, peace be upon him.
And the definition of the Lord of the Worlds for the losers ((And if his scales are light, then those are the ones who have lost themselves because of what they used to oppress our signs)) Allah is the Most Truthful.
Do not care about the worldly matters and leave your goal for which you were created.