Post
Topic
Board Trading Discussion
Re: Want to achieve success in trading?
by
seleme
on 28/06/2019, 06:24:16 UTC
Trading is not easy at all. It is very difficult and technical work. It is difficult to achieve success in trading. I am giving some tips which hope to work better in trading. Hopefully these will be successful in trading if you follow them.

Set your goal first
Do not invest more than you can afford
Be patient
Use prudent leverage
Stay aware

1) Set your goal first - This is called trading expectations. That's why I advise to use the stop loss and take profit levels before each trade.
2) Do not invest more than you can afford - The problem of the get rich tonight idea.
3) Be patient -  Patience pays one day.
4) Use prudent leverage - Overleveraged trades are kinda mousetrap, one day it will be position killer if the market turns against the opened trade.