💰 One simple rule to become profitable

👉 Stop trading when you're out of shape or not ready.

But knowing that no one can tell for sure if they're "ready" or "out of shape," you need to remember this list of popular signs. Let's call them "red flags 👇

🚩 You don't have a strategy.

🚩 You don't have trading discipline.

🚩 You do not have basic technical analysis skills to interpret the market.

🚩 You are too emotional and can't control your psychological state.

🚩 You don't know how to accept losses.

🚩 You are impatient.

🚩 You can't make your own decisions and seek someone else's approval for your trades.

🚩 You feel the need to constantly monitor your positions or prices, you are always stressed and worried about losing money.

Ask yourself if any of these red flags apply to you. If yes - you should not trade until you get rid of them if you want to be a profitable trader.

🙅‍♂️ While trading you should never lie to yourself. Lying to yourself about being a good trader is fatal because you have no one else to manage risk and make decisions besides yourself.

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#trading tips