Understand the Market First
Before learning strategies, itâs important to know how the market works. Here are some basic tips to help you get started:
1. Wait for Clear Trends
Donât jump into trades until you see a clear breakout or trend.
2. Use Wider Stop Losses
Give your trades more room by setting wider stop losses to avoid quick exits from small price moves.
3. Control Your Emotions
Follow your plan and avoid making snap decisions during sudden market changes.
4. Watch for Strange Volume
If thereâs a sudden increase in volume without a price change, it could be a sign of market manipulation.
5. Stick to Higher Timeframes
Trading on higher timeframes helps you avoid the noise of short-term price moves.
