Post
Topic
Board Beginners & Help
Re: How to trade properly for newbies
by
Husires
on 14/09/2021, 18:34:40 UTC
2. Always set the profit/loss ratio above 1:1 (2:1, 3:1)

Implement a strategic plan that calculates losses and profit reasonably instead of dreams of rapid profit.

3. Always set stop loss below 10% of the account
Stop loss orders are good but without studying, and do not stop the loss, but working on the accumulation of all previous losses to explain until they are comprehensive loss.



5. Do not leave orders overnight
6. Adjust emotions when entering orders. If you lose, remove the other bets
It differs from the way for your account for sale and purchase orders.
It does not matter to adjust the emotions as far as they convert those emotions to power to invest and profit more money. Emotions are not something but the energy you need to be employed correctly.