Dear Members,
To achieve success, it is essential to understand and implement the following points:
⭐️General Guidelines
⭐️Adopt Proper Risk Management:
— Always prioritize proper risk management strategies in your trading approach.
⭐️Withdraw Profits Regularly:
— Withdraw your profits either weekly or every 15 days based on your preference to ensure consistent returns.
⭐️Avoid Borrowed Funds: Never invest borrowed money or funds that you cannot afford to lose.
⭐️Trade Management
⭐️Leverage and Margin Usage:
⭐️If you are using less than 1% of your capital per trade, there’s no need to set a stop-loss; hold your trades as we do.
⭐️If you are using high risk or more than 2% of your capital, always use a stop-loss to protect your funds.
⭐️Limit Your Trades:
⭐️Restrict the number of trades to a maximum of two or three per day to maintain focus and discipline.
⭐️Loss Management:
⭐️If your first trade results in a loss, avoid opening a second trade until the first trade turns profitable.
⭐️Control Emotions and Psychology:
⭐️Use low margin levels to minimize emotional and psychological pressure during trading.
⭐️Plan for Profit and Loss:
⭐️Develop a profit-and-loss plan with a minimum duration of 30 days, and strictly follow it to maintain consistency and discipline.