Summary of an amateur trader for more than 10 years #Binance #tradinglife
1. You are emotionally trading now? If yes, please stop it.
2. Is it a high probability of your trading direction? If you are not sure, please stop it.
3. What are your expectations? Scalp trading? Swing trading? If you are not sure, please stop it.
4. Are you ready to set a stop-loss? If not, please stop trading.
5. Can you accept this order at a loss? If not, please stop trading.
6. Do you know what you are doing? If it is gambling, please stop it.
7. If the money in your investment account is lost, will it affect your life? If yes, please stop trading.
Following this rule has kept me alive in the market.
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