Quote from: lienfaye on Today at 10:30:21 PM

Quote from: palle11 on February 17, 2021, 01:05:20 PM

2. Use of stoploss all the time: This help your losses to be minimal.

This one is a must to save yourself from losing your money. Dont be greedy to earn more, make an analysis and timing the market. Sometimes we tend to forget the basic rules because we want to go with the flow and enjoy the ride, but its also important that we have plan to follow from the very start.

Set aside your emotion as well because it can affect our decisions everytime.

Setting up your cur loss price can really help you from losing big money. If you want to become more successful in trading, have this one always. I don’t know why many are not setting up their cut loss price, they tend to hold more even if they see the project is dumping that much, that’s a losing strategy.