Post
Topic
Board Trading Discussion
Re: Trading Tips
by
palle11
on 14/11/2021, 10:48:24 UTC

🔷 when you lose don’t be too eager to gain back, find out why you lost.

🔷 Stop-loss should be Used always.

🔷 Trade with self made policy don’t copy others style of trade, what works for you doesn’t work for me.

I like these three points listed, they are important to trading success. Chasing lost profit by repeatedly going into the trade is wrong because there is no guarantee to any trade and you may keep losing so is better to cool down and take new decision, plan for the trade.

Stoploss also will prevent you from further loss, you can't cheat yourself by readjusting your stoploss.

Don't rely on trading groups as they are after your money, better developing your trade style yourself.