Few tips for the New Traders :
- Traders need to develop a probabilistic mindset that allows them to deal with uncertainty and risk without fear or stress.
- Traders need to overcome the four primary trading fears: the fear of being wrong, the fear of losing money, the fear of missing out, and the fear of leaving money on the table.
- Traders need to follow their trading rules and plans consistently and avoid making emotional or impulsive decisions.
- Traders need to accept the responsibility for their trading results and learn from their mistakes.
- Traders need to trade in the zone, which is a state of mind where they are confident, focused, and relaxed.
