How to avoid wasting your money on trading
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If you want to avoid wasting money on trading, start by approaching it with patience and discipline. Set a budget that limits how much you’re willing to risk, and never exceed it. Focus on learning the basics—such as technical analysis, risk management, and understanding the market trends—before making any significant investments. Avoid letting emotions guide your decisions; fear and greed often lead to costly mistakes. Finally, view trading as a long-term journey, not a quick path to wealth, and always make decisions based on research rather than impulse.