Post
Topic
Board Trading Discussion
Re: What can we do to minimise the risk in trading
by
slaman29
on 27/04/2020, 11:29:08 UTC
You should perform technical analysis so well and properly so that you will not have a hard time performing your strategy and plans in trading. Also monitor the market and the factors that can affect it so that you're well-prepared and you can have an advanced vision and perform alternative strategy in trading. Fundamental techniques and skills in trading must be practiced properly and apply it in the actual trading so that you can get a lot of experience and don't be anxious about mistakes, it is normal. In order to become good at trading and minimize the risk, every time you lose a money, you should treat it as a lesson so that you will never do that again. Learning in trading is limitless and you should take every opportunity special.

Always easier said than done my friend. Just look at all the technical analysis every day in forum and on Twitter. It takes hard work and a lot of learning and still, if the trades go against you, you lose money.

Patience is one thing but with real money at stake it can be hard to keep a level head.

Discipline. Trade in a group and have everyone pressure you into following stop loss.