Never do the mistakes I did!!

Follow Experts with CAUTION!!

Most of us follow experts during our initial days of trading which is indeed good to get a bit of education and follow market trends. However, never blindly follow everything they say. Always DYOR!!!

Avoid FOMO

Never enter a trade in between a pump or a dump. It always helps to wait rather than to regret entering. It is OK to miss out since the market is full of opportunities. Anything that goes up comes down and anything that dips will always rise. 

Taking unnecessary risks

If your futures wallet size is 100$, never risk more than 1% or 2% on a single trade unless you are sure of what you are doing or you are OK to lose the funds in your wallet. 

Do not Hold on to a losing trade

Always hold on to winning trades and not losing trades. If your prediction is long and you see that the trade is going against your prediction, then always be ready to close the trade. There is always a risk involved in any trade, NEVER EVER lose more than the risk appetite in a single trade. 

Follow me @Sandhya Mruthyunjaya for signals, trading tips and more. I help people start with a 100$ account and grow it consistently with a personalised approach.