#USChinaTradeTalks In trading, it's crucial to understand when and why you're opening a certain type of position.
I mostly use pending orders because they help me avoid market noise during news events and stick to a clear plan.
I use market orders only when I see an immediate opportunity — for example, during a breakout of a key level.
Tip #1 for beginners: don’t rush into trades — the market will still be here tomorrow.
Always test your strategy on a demo account for at least 2–3 weeks.
Never trade based on emotions — fear and greed destroy accounts faster than bad analysis.
Learn to identify the trend — it’s your best ally.
Keep a trading journal and write down every trade with entry and exit reasons.
Don’t ignore risk management: risking just 1–2% per trade can keep you in the game even after a losing streak.
And most importantly — trading isn’t about quick money, it’s about a systematic approach and discipline.