1. Have a trading plan and stick to it. Set realistic goals and objectives and develop a strategy that fits your personality and risk tolerance.
2. Set a stop-loss order for each trade and stick to it. This will help limit losses and will help to protect your trading capital.
3. Make sure to have a risk-reward ratio of at least 1:2. This means that you should aim to make at least twice as much as you are risking.
4. Use a trading journal to track your trades and make sure to review your past trades to identify patterns and areas for improvement.
5. Take time to study the markets, understand technical and fundamental analysis, and develop your own trading strategies.
6. Utilize the use of reliable trading tools to help you make intelligent decisions and stay up to date with the markets.
7. Manage your risk properly. Don?t risk too much of your capital on any single trade.
8. Be disciplined and don?t get too greedy. Greed can lead to big losses.
9. Don?t overtrade. Only enter trades when you have an edge and the risk-reward ratio is in your