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π—ͺπ—˜π—˜π—žEND π—Ÿπ—˜π—”π—₯π—‘π—œπ—‘π—š 𝗧𝗛π—₯π—˜π—”π—— (If u learn something,don't forget2like and #RETWEEET )
-Trading is NOT easy money. Unless you are prepared to put in a ton of time and effort, you will not find success. Expect to fail early and often. Learning takes TIME.
-Why play huge position when you’re still figuring out what you’re doing?Since you likely will lose early-on,make sure those losses are small enough for you to recover from
-Also if you trade TOO small, commissions will eat you, even if you are a good trader. Do smart positioning
-Don’t follow ANYONE’S alerts. It doesn’t matter if it’s a guru you just signed up to. If you just try to tail others, you will not find success.
-If you have to ask for advice, you shouldn’t be in the trade. I know it’s reassuring to get opinions of others still avoid doing it.
- Determine risk and position size based off of the CHART. Preconceived % loss limits are silly. Use key points on the chart to tell you when to stop out
-MONEY moves markets!Trash can run,good stocks can fall,trade the chart pattern,not what you β€œthink” the stock should be doing
-As long as you CONTROL your losses by sticking to your plans and stop losses, you have NOTHING to be scared of.Don’t be afraid to lose. It’s a part of trading.
-No setup is going to work 100% of the time. Sometimes it will fail and you will take that unavoidable loss
- If the stock is beyond your risk, NEVER add. It’s amazing how long it took for this lesson to sink in for me, but I think it’s the most important
-I keep reading stuffs and share which I think will be good for community.
Keep learning
Keep sharing
Keep growing
#AKAL
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