Post
Topic
Board Trading Discussion
Re: Trading Tips
by
Wexnident
on 15/11/2021, 01:15:48 UTC
Hello guys please follow these always. Don’t over trade no matter how sweet a chart is.

🔷 Learn to Manage your risk over your emotions .

🔷 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.
1-3 is a no brainer, but the 4th could be managed or skewed a bit. It isn't absolute to say that what works for others wouldn't exactly work for you, Copy trading is still a thing and it's rather famous for other newbie traders to use since it's, well, copying. If it honestly works, then it just works. Sure, you may be able to profit by using or finding your own personal way of trading but it doesn't mean that your first step should be there, try to familiarize yourself with how others do it and derive it from there to make it much easier (and to lessen the losses).