The rules in trading that you must understand.

1. Don't chase price. If the price has gone up, don't buy, wait for a correction.

2. Don't swallow other people's advice completely. Do more in-depth research.

3. Don't put all your money in! Use 10% of your money for each open position.

4. Take a break from trading for a few days if you are having a bad day. Don't force trading, it's just a waste of money.

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