I have seen many questions about how they are going to be a professional trader, so I just wanna share my experience, I am not a professional trader but I just wanna share some of my experiences and way of thinking in trading.
1. Trade at your own risk - You should know that investing, gambling and trading is somehow the same because you are not sure that you could win the prize, so expect that you could win and you could lose your money
2. Limit your budget - always limit your budget for trading, you should use only those extra money you have, instead of spending it on some other things, you may use it for trading, at least you made something to make it profitable.
These two are one the basic strategies that we need to follow.We all know that every business (trading and investing) has its own risk.Sometimes we win,sometimes we lose. But if we know how to control our money,we can also minimize our risk of making huge losses.
4. Learn from your own mistake - Instead of being sad because of losing try to think on some other thing why you get lost and think some good strategies to overcome those mistakes.
This is one of the best important thing that we need to know.Dont get so frustrated whenever you made big losses.It is a part of a business.
Each of us can made a mistake but we should learn from it . Mistakes can teach us to be better in the future