My advice to all traders from years of experience
$SOL I have lost about more than 10,000 dollars, I swear by Allah that there is no trade, profession, or job that yields like trading. But I put a thousand lines under that... the five golden tips are as follows 🎗
1/ Do not start without learning the basics of trading, first from a trader who teaches you the basics, how to leverage, when to buy at the lows, when to sell at the highs, and how to know the supports and resistances.
2/ Start with small amounts that do not affect your psychology if you lose, and be content with a small profit rather than losing your capital. Profits accumulate with repetition, even if small; leave greed behind, as well as fear, and be moderate in your behaviors while trading.
3/ Know that trading is not a simple matter; it is a science, just like studying medicine, engineering, or any field that requires time to learn. Do not complain about trading while you are the reason for the loss by committing mistakes, like the failed doctor who causes the patient's death.
4/ Trading has plans and strategies that beginners do not know except after a while, such as classic trading, hedging, and trading currencies against currencies.
5/ Anyone entering the field of trading must know that they have to pay the price of their education, just as they pay for studies and education in any field. Here, you must pay the price of your education, and the smart one is the one who pays the price but with minimal costs.
