🔥 Top 5 Tips for Traders
1) Do not trade without a clear plan
Define: Entry point – Stop loss – Target before opening the trade.
→ A trader who does not plan… loses due to emotion.
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2) Stick to money management (1% – 2% rule)
Do not risk more than 1–2% of your balance in one trade.
→ This way, you stay in the market even if a series of losses occurs.
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3) Trade with the trend, not against it
Open a larger timeframe (four hours/daily) and determine the overall trend.
→ Trading with the trend significantly increases the chances of success.
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4) Never move the stop loss backward
The stop loss is set for protection, not to allow losses to grow.
→ If the stop loss is hit, the trade is a failure… accept that.
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5) Do not enter the trade until all conditions are met
Example: Break + Retest + Confirmation candle.
→ Strong trades are rare but more profitable and less stressful.
