I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.
The first factor in achieving efficient trade is certainly patience. Patiently and reasonably invested users will always win and will always be one step ahead of other investors. Another point to be aware of in order to be able to trade efficiently is not to get caught in a panic atmosphere and complete transactions without panic. I do not want to go back without reminding you that all the transactions made in the panic are closed in the loss position. Capital management is another factor that needs to be considered in order to be able to do efficient trade. Properly managed capital always provides positive income, whereas mismanaged capital often multiplies itself by zero.
You can make a list of important trade tricks, but in the end every moment is unique, in some moments you need to be patient, in others you need to bite as much as you can, there are moments when its best to do nothing.
Nobody can tell you when is good moment for what strategy, that depends from many things, mostly from how much money you have and how big profit you want. When there is so many different people we have so many different strategies, to find which one works for you, you need to try as many strategies as you can, always take care of your bankrolls, managing bankroll is the most essential part in trading. Good luck my friends, I hope you will have positive trades in future.