Frequent opening of positions causing capital erosion is a common problem for almost all novice traders. Remember that opening a position is not a task; whether to open a position depends on whether the market allows it. The market is always there; do not believe in what the square says about the last opportunity to get in or the last opportunity to get out; they do not exist. Both rises and falls need corrections; do not chase the rise or sell off during a fall. Whether bullish or bearish, wait for the correction point to enter the market. If there is no correction point, it means you need to wait! Waiting is more important than buying. Trading is like hunting; it's not just about pulling the trigger at that moment; the waiting process is even more important. If you are not executing well while waiting, you may not even get the chance to pull the trigger.
