#TradingTools101 To succeed in trading, it is crucial to follow a series of tips that encompass everything from risk management to continuous education. Some of the most important tips include risk management, market knowledge, trading psychology, and diversification.

Risk Management:

Do not risk more than 1-2% of your capital on a single trade: This allows you to survive a losing streak without jeopardizing your total capital.

Use stop loss and take profit: These tools help you limit losses and secure profits.

Diversify investments: Do not concentrate all your capital in a single asset or type of trade.