Proper trading requires a deep understanding of the market and its developments, and includes several aspects, including planning, risk management, and choosing the appropriate strategy. Here are some important steps for proper trading:
1. Research and analysis: Study the market and the assets you intend to trade. Use technical and fundamental methods to analyze the market and make informed decisions.
2. Develop a strategy: Determine the trading strategy that suits your goals and personal style. Do you prefer short-term or long-term trading? Do you focus on technical or fundamental analysis?
3. Risk Management: Determine the percentage of risk you can take on each trade and maintain good risk management, including setting stop-loss levels and position sizes based on account size.
4. Execute trades with discipline: Execute trades according to prior plans without getting carried away by emotions. Avoid trading based on feeling or speculation.
5. Performance Monitoring and Evaluation: Regularly monitor your performance and trading results, and compare them to the set goals and strategies. Look for opportunities for improvement and adjust your strategy based on experience and results.
6. Continuous learning: Continue to develop your skills and knowledge about financial markets and trading techniques through reading, educational courses, and practical practice.
In short, proper trading requires planning, discipline, and continuous learning. Follow strict procedures and do not hesitate to seek help from trading experts when needed.