The best advice for trading: Control your emotions and manage your risk!
Trading is not just about making money fast; it requires discipline, patience and strategy. Here are the key points:
Create a trading plan: Define your entry, exit and risk level before trading.
Risk management: Never risk more than 1-2% of your capital on a single trade.
Research and learn: Use technical and fundamental analysis to support your decisions.
Control your emotions: Don't be swayed by fear or greed. Stick to your plan.
Stay updated: The market is constantly changing; follow the news and trends.
Success doesn't come overnight, but with consistency and continuous learning, you can achieve it