📊 Trading Deal Management Rules: A Beginner's Guide
Trading is not just about opening a deal and waiting to profit… the real secret is deal management 👌
Here are some basic rules that any beginner should know:
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🔹 1. Set a Stop Loss
✋ The most important rule!
Do not enter any deal without setting a stop point to protect you from large losses.
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🔹 2. Set a Take Profit
🎯 Know how much you want to earn from the deal before you open it, and do not change the target based on emotions.
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🔹 3. Capital Management
💡 Do not risk more than 1-2% of your capital in a single deal.
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🔹 4. Stick to the Plan
📑 Do not enter random deals… stick to your strategy no matter how tempting the market is.
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🔹 5. Monitor the Deal but Don’t Chase It
👀 Follow it with your mind, you cannot change your decision every minute and exit and enter again.
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🔹 6. Accept Losses Like Gains
⚖️ Trading is a game of probabilities… loss is part of the journey, the important thing is to maintain capital and learn.
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✅ Summary:
What makes a trader successful is not the number of deals, but managing each deal with discipline and calmness.
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