Post
Topic
Board Trading Discussion
Re: Trading as a newbie - advice?
by
waONE
on 16/07/2023, 03:54:39 UTC
If you are a trader and have an opened trading position, you can not forget One of best weapons in trading. Stop loss order is a very important order type to comprehend and practice in your trading.

If you want something better, more advanced, you can consider Stop limit order.

More important than any trading order, trading strategy, you must have a good capital management first. Don't use all capital for trading is a good capital management before you start trading.
Yes, the strategy must be adjusted to how we trade and that's why the strategy that we think is the best won't necessarily work well with other people,
good capital management will produce good results,
things like that must be considered too because trading is so complicated and not just about buying and selling.