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Pointers for beginners?
3 Answers
<p id="isPasted">* You need to have clear trading strategy.</p><p>* Realize that 50% or more of your trades will be in a loss.</p><p>* Even with 50-60% of trades going in a loss, a trader can be consistently profitable. (Due to RR)</p><p>* There is no 'magic' strategy to trade. It takes patience, discipline.</p><p>* You will make many mistakes before you become profitable.</p><p>* You have to learn from your mistakes.</p><p>* Keeping a trade journal will help.</p>
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<p id="isPasted">As a beginner trader, you should practice below mentioned advice:</p><p> -What exactly you did WRONG today? write it down & don't do it tomorrow.</p><p> -while adding quantity, 1st see YOUR REAL POCKET, can you afford that?</p><p> -when in TRADE, be a ROBOT with setup & not a human with emotions.</p>
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<p><br>Begin with a proper plan, Know your risk appetite, Leverage technology.</p>
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