Here are some tips to help you on your journey to becoming a successful trader
3. Risk Management:
Never risk more capital than you can afford to lose.Use stop-loss orders to limit potential losses and take-profit orders to secure profits.Diversify your trades to reduce overall risk.
4. Practice with a Demo Account:
Before trading with real money, practice on a demo account to gain experience and test your strategies.Demo trading helps you understand the trading platform and fine-tune your skills without risking capital.