5 Tips That Will Help You Survive As A Day Trader:

FX:EURUSD   Euro / U.S. Dollar
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1:Losing Streaks:

The brain does not like repetitive losing.
Be sure to stop trading after 3 losing trades in a raw!

2: Create a trading plan and stick to it.

Successful traders have a plan and they trade nothing but the plan!

3:Manage your mood:

If you are ill, cranky, depressed, or sad, STAY AWAY FROM TRADING!.

4: Keep detailed records:

A trading log with self-assessments of your trading performance will pay dividends very quickly.
knowledge is power!

5:Have adequate risk capital.

Your trading capital should not consist of money you need to pay bills or money that you have committed to other investments like your home or retirement funds.
very useful
for new traders.
+1 Reply
Female traders tend to know better than male traders. No Ego.
+1 Reply
Natalie.Gin TheBlanco951
hahaha I wish!
TheBlanco951 Natalie.Gin
Are you a rockstar trader?
+1 Reply
Natalie.Gin TheBlanco951
for sure!
+1 Reply
Brilliant, thank you!
That is a good advice
Thank You. Now it's the time to showcase the rules in the chart with Live account :). Please Share
Comments on point 03: If you plan to manage your emotions instead of your trades, STOP TRADING. If you plan to work around your emotions instead and manage your trades only, START TRADING!
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