Hello traders!
I am new here in this forum I don't have more knowledge about tradings, but I think maybe someday if I will given a chance to do trading I think I should try it. So I always read articles about tradings and also I read threads here in our forum about trading discussion. However I would like to ask all traders here that have more experiences about trading if what was the common problems that encountered of an ordinary traders? And what was the common mistakes had you ever experienced and how could you manage this problem and mistakes?
Can you share your thoughts and experiences about tradings.
Thank you in advance.
Well, first of all, always use a stop loss order! Definitely! If you do not have it on the stock exchange, then unknowingly entering into a transaction can go at a loss and stay there for a long time. Next, this is the correct entry point into the trade, as well as exit from it. Before trading you should know these points! That is, you should review the charts and identify its potential targets using technical analysis, tools, patterns! Trade not all Deposit, distribute funds. To do this, you will need the rules of money management! Well and further like clockwork goes! do not forget to take profit, and in case of a failed trade loss! Profit to you!