#NewbieGuide
Develop a simple trading plan that outlines your entry and exit rules, position sizing, and risk management strategy. Never trade without a stop-loss, and never risk more than 1–2% of your account on a single trade. Avoid revenge trading after losses — step back, analyze what went wrong, and come back with a clear head.
Stay away from online “get-rich-quick” scams, signal sellers, or social media “gurus.” Real trading success takes time and effort. Keep a trading journal to track every trade — noting the reason for entry, the outcome, and what you learned. Review this regularly to identify patterns in your mistakes and strengths.
Lastly, focus on mindset. Trading is 80% psychology and 20% analysis. Stay calm, patient, and consistent. Remember, the goal is not to win every trade, but to become disciplined enough to follow your plan, manage risk, and grow your account steadily over time.
#NewbieGuide
Develop a simple trading plan that outlines your entry and exit rules, position sizing, and risk management strategy. Never trade without a stop-loss, and never risk more than 1–2% of your account on a single trade. Avoid revenge trading after losses — step back, analyze what went wrong, and come back with a clear head.
Stay away from online “get-rich-quick” scams, signal sellers, or social media “gurus.” Real trading success takes time and effort. Keep a trading journal to track every trade — noting the reason for entry, the outcome, and what you learned. Review this regularly to identify patterns in your mistakes and strengths.
Lastly, focus on mindset. Trading is 80% psychology and 20% analysis. Stay calm, patient, and consistent. Remember, the goal is not to win every trade, but to become disciplined enough to follow your plan, manage risk, and grow your account steadily over time.