Before starting a trade, make a set of rules and follow them strictly. Most traders lose their investments due to blind trading.
- try to make 5-10% profit
- Don't be greedy
- always have a stop loss
- close your trades in profit as small as possible
- if taking profit is not possible, then go for breakeven
- even if that is not possible, then loss as less as possible (here comes the stop loss)
- place a stop loss according to your own margin
Always #dyor , follow the experienced and expert traders and learn from them, but do not blindly jump with their every trade.
