👉 I started trading with ( $500 ) 5 years ago and since then I’ve made Millions in profits
Here are 10 crucial things I’ve learned on this journey: (Part 1)
Never risk a significant portion of your portfolio on a single trade.
Only trade with money you are willing to lose.
Successful trading isn't about making money daily but about profitable trades over time.
Sometimes the best move is not to move at all.
Base hits > home runs
It's essential to remain calm under pressure and not let emotions dictate your trading decisions.
You need to be able to handle a loss or a win with 0 feelings and move on to the next trade.
Step away when you know you aren't in the right emotional state to trade correctly.
Stick to your trading plan and avoid impulsive decisions when feeling FOMO.
Don't chase trades and stick to your predetermined entries and exits.
Regularly analyze your trading performance and make necessary adjustments to improve.
Take note of every winning and losing trade and go back and review them to find where you can improve.
This was one of the most significant changes I made that helped me go from a losing trader to a winning one.
Cont. Part 2.....