Trading is not just about charts; it's about mindset, discipline, and little tricks that give you an edge. Here are 5 tricks that can instantly improve your game:
š„ 1. Trade With a Plan, Not Emotion
Never rush to buy/sell due to hype or panic. Write down your entry, exit, and stop-loss before entering. The market punishes emotions but rewards discipline.
š 2. Use the 1% Risk Rule
Never risk more than 1% of your capital on a single trade. This keeps you alive long enough to catch the big winners. Remember: survival = success.
ā” 3. Trade With the Trend
Fighting against the trend is like swimming against a storm. Use higher time frames to find the macro direction and trade in tune. The trend is your best trading partner.
šÆ 4. Record Every Trade
Winners learn from memory; professionals learn from data. Keeping a trading journal helps detect patterns in your strengths and weaknesses. Small notes = big improvements.
š 5. Less is More
Overtrading kills accounts. Focus on 2-3 high-quality setups instead of chasing everything that moves. Precision >>> activity.