Limit yourself to at best one or two trades a day (go do something else).
If you find yourself constantly checking your phone, it’s likely that you’re over-leveraged or trading with money you can’t afford to lose, this is unhealthy and makes you a systemic gambler.
The principle of buying low and selling high is very straightforward, but your emotions keep clouding your judgment.
Patience is key; you might feel like you’re missing out during a bull run, but impulsively entering the market can lead to huge losses.
Finally, the most crucial point is to utilize stop-loss orders. The market may rebound after a downturn, leaving you frustrated, but it’s wise to accept smaller losses than to face a significant one.
Learn from your mistakes; otherwise, you will hand your hard earned money over to those who are more disciplined in their trading strategies
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