Post
Topic
Board Trading Discussion
Re: Beginner mistakes and how to avoid them
by
GreatArkansas
on 27/04/2023, 02:30:17 UTC
(....)
* Failure to use stop-loss-- to me it's the most important thing I do while trading, an it's always close to my entry price, I do it that way so that if the trade didn't go as planned, I won't lose more than 10% of my margin.
I don't if anyone have more to add, so I can also learn?
I can relate to this during my early days in trading. I already realized it very late before. The feeling is really different when you start trading especially you're new to it.
So, it must be always for beginners to have knowledge first or learn every basic first before opening their first trade because there is already money involved here.