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1.When the trade is loss forget the trade( learn from your mistakes) get ready for the next trade....2.profit booking is the key that will help you still in the game(practise intraday ,profit booking will be developed)....3. Try Risking 10% or 20%(stoploss/loss/investment) of your capital and take 5 times the money or atleast 3 times the money..3.if your wrong try to reverse the position don't be stubborn,very valuable lesson for beginners and 2 yrs exper traders...4.hedging is the key when u r unsure of trend or direction of market...5.trading is gambling(yes true if u say no you ll lose money dis is the secret of experience trader) ..6.trader job is to find opportunities and react to it( don't b in a rush market provides opportunities every day, week and month if u don't trust me try recording price) opportunities r GDP data,interest rate hike or decline,quarterly results,political results,finance minister speech or announcement,budget for a country,exchange announcements,
1.When the trade is loss forget the trade( learn from your mistakes) get ready for the next trade....2.profit booking is the key that will help you still in the game(practise intraday ,profit booking will be developed)....3. Try Risking 10% or 20%(stoploss/loss/investment) of your capital and take 5 times the money or atleast 3 times the money..3.if your wrong try to reverse the position don't be stubborn,very valuable lesson for beginners and 2 yrs exper traders...4.hedging is the key when u r unsure of trend or direction of market...5.trading is gambling(yes true if u say no you ll lose money dis is the secret of experience trader) ..6.trader job is to find opportunities and react to it( don't b in a rush market provides opportunities every day, week and month if u don't trust me try recording price) opportunities r GDP data,interest rate hike or decline,quarterly results,political results,finance minister speech or announcement,budget for a country,exchange announcements,