Welcoem to posts!!
in the future - u will be able to do some more stuff here,,,!! like pat catgirl- i mean um yeah... for now u can only see others's posts :c
To reduce stress of trading, keep in mind several essential points.your trading life depends on following these rules.
1.trade small size while learning.
2.Don't count money while a trade.
3.Use risk management rules primarily the 2% Rule .
4.write down your plan, especially theses numbers: entry stop target.
5.Keep a TRADING diary review it at least once a month.
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Technically trading isn't very hard.
But psychologically it's the hardest game on the planet.
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Understanding trading psychology is crucial for success.
Emphasize discipline, emotional control, and patience.
In risk management, stress the importance of setting stop-loss orders, diversification, and position sizing.
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Comment your answer👇👇👇
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In trading, you need to accept some losses to have a chance at making gains.
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Trading isn't for the faint-hearted. The market is stacked against you.
Your emotions act as stumbling blocks. The reward is reserved for a select few.
Only individuals with a high threshold for discomfort should engage in this endeavor.
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Happy New Year, traders! Wishing you profitable strategies, wise decisions, and endless success in 2024. Let's conquer new markets together!
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No market guru can guarantee your success as a trader.
However, your mindset, determination, and perseverance will play the crucial role.
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Don't take losses personally because the market has nothing against you.
It doesn’t know who you are, what you do, or why you traded.
Instead, it’s an opportunity to learn what works and what don't, so you can become a better trader—and that’s how winning is done!
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Instead of chasing every level on your chart for trades,
select a specific point to trade where potential losses are minimal when incorrect, yet the market can generously reward you when correct.
The outcome? Fewer trades, reduced commissions, minimized errors, and a healthier bottom line.
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