1. Before starting any new venture, we must learn the basics of that subject.
So, learn the basic ABCD of trading.
2. Beginners should avoid the Futures and Option (f&o) trading.
First, one needs to get a good grip over the cash equity segment.
3. Learn technical analysis and try to master any one strategy and stick to it.
4. Avoid dependence on anyone for too long,
"Trust your own setup always”
5. Don't be impressed so quickly and start dreaming after seeing other trader's earning or profits screenshot.
6. 'Simplicity is the best policy.' Keep your analysis simple and stick to basics.
7. Backtest your new setup for at least 3 months to find out the Return on Investment (ROI) percentage.
8. Price Action is above all. Don't complicate your study with too many indicators/tools.
We have come here to earn money, not to complete a Ph.D.
9. Avoid business/finance TV channel recommendations.
Don't follow it blindly.
10. Mistakes are fine but try to avoid committing again and again.
11. Use proper and safe trailing stop-loss.
Keep learning and earning.
Happy profit making :)
So, learn the basic ABCD of trading.
2. Beginners should avoid the Futures and Option (f&o) trading.
First, one needs to get a good grip over the cash equity segment.
3. Learn technical analysis and try to master any one strategy and stick to it.
4. Avoid dependence on anyone for too long,
"Trust your own setup always”
5. Don't be impressed so quickly and start dreaming after seeing other trader's earning or profits screenshot.
6. 'Simplicity is the best policy.' Keep your analysis simple and stick to basics.
7. Backtest your new setup for at least 3 months to find out the Return on Investment (ROI) percentage.
8. Price Action is above all. Don't complicate your study with too many indicators/tools.
We have come here to earn money, not to complete a Ph.D.
9. Avoid business/finance TV channel recommendations.
Don't follow it blindly.
10. Mistakes are fine but try to avoid committing again and again.
11. Use proper and safe trailing stop-loss.
Keep learning and earning.
Happy profit making :)
