How I Stopped Losing Money in Trading

1. Start Without Learning

Lean, learn, learn

2. Do not Follow the News

“Stay up-to-date”

3. Borrow Money

“Start with small”

Photo by Frank Busch on Unsplash

4. Not Understanding Margins

“Take calculated risk”

5. No Stop Loss

“Always trade with strict stop loss”

6. Trade Against the Trend

“Never trade against the trend”

Photo by Stephan Henning on Unsplash

7. Trade only in Free Time

“Give trading your full-time”

8. No Techincal Indicators

“Trade based on multiple technical indicators”

Photo by Austin Distel on Unsplash

9. Greed and Fear

“Try to minimiaze human bias”

10. Overconfidence

“Always respect the market”