Useful Trading Tips

  • Useful Trading Tips

    Posted by Laurenz Edama on July 26, 2022 at 8:37 pm

    Trading is an art, and the only way to become increasingly proficient is through consistent and disciplined practice.

    One tip I can give is, You have to understand your role in the market. Identify yourself and set some goals. When trading, work on your risk management and psychology. The battle is in there. You may have a better edge than others but if you can’t work on your risk management and psychology, you won’t be able to survive the market. The problem in trading is not about how you started, it’s all about how you finish. It’s not about how you enter a trade, its about how you exit. Did you follow your rules or not?

    At the end of the day, it’s a matter of self discipline and a right mindset. Also, never ever give up!

    How about you guys? Any useful trading tips for our trader friends here?

    Laurenz Edama replied 2 months ago 1 Member · 0 Replies
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