A simple piece of tips for you to remember always. If you see someone sharing pictures of making huge money by trading then try to observe first. Some people are sharing huge percentages like 2,000% or more than that. Remember who shows high percentages they play with leverages. High leverages will make high percentages. Do not motivate yourself by watching others trades. That's a psychological trap.
Higher percentage doesn't mean higher profit. Most VIP signal providers will show you their percentages but not PNLs. That will motivate you to buy their services or call like them.
First know your limits. If you have a low wallet like 100 then you should not take calls with 50x and higher margin like 20%. Within hours you may get liquidated. You should be aware of that.
Plan your trading style. Allocate your fund rationally for all trades. Do not take calls with higher leverages. Try to limit your leverage within 2x-5x. Margin should not be over 5%. Must use stop loss. Discipline will bring you success.
Note: Do not motivate yourself on high trades, motivate yourself to trade in discipline.
#DisciplinedTrading #motivational #TradeNTell #TipsForBeginners
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