To make a profitable trade, you must make choices and execute orders:
Choosing an entry point is also a matter of luck; a good entry can lead to profits, while a poor one can result in losses, wasted time, and effort. When making an entry choice, it’s essential to be highly focused and persistent. In addition to selecting based on trends, ensure you’re entering with a volume that suits you.
To start trading, you need to establish a specific trading system. Statistics show that trading systems based on long-term time frames generally yield higher profits and stability compared to day trading systems.
Practice keeping a trading journal that includes: instances where you broke your rules and make sure not to repeat them, statistics on when the market didn’t follow your system’s predictions, and notes on fundamental events and how price reacted afterward.
And finally, most importantly:
Use your own time to do what you love. Use your freedom to achieve financial freedom. In life, even while making money, don’t chase external gains; instead, pursue the meaningful values they bring. That way, life will be peaceful and happy.
