Stop Losing Money — Read This Before Your Next Trade
What makes a good trader (my view):
1. Focus on the market trend
2. Don’t try to predict the market
3. Always wait for your own setup
4. Don’t trade all the time — sometimes no trade is the best trade
5. Don’t blindly short a falling market or long a rising one — wait for confirmation
6. Before entering, clearly define your entry, exit, profit target, and risk
7. Don’t chase the dream of getting rich overnight
8. Aim to stay consistently profitable
9. Most important: protect your capital
10. Stay connected with a good mentor and respect them
Read this a few times.
You might start building these qualities in yourself.