1. Don’t Trade Without Market Understanding
One of the biggest mistakes many traders make is placing trades without truly understanding what the market might do next. This kind of blind trading leads to unnecessary losses — and in some cases, even complete loss of capital.
---
2. If You Don’t Understand the Market, Don’t Trade
If you are not confident about how the market works, it's better to stay out than to risk your money. Trading without proper knowledge is like driving blindfolded — dangerous and reckless.
---
3. Use a Proper Stop-Loss – Always
If you still decide to trade, never enter a trade without a proper stop-loss.
Identify key support and resistance levels, and place your stop-loss slightly above or below those zones — depending on the direction of your trade.
💡 Remember: The goal is to minimize your loss, not to prove your prediction right.
---
4. Don’t Take Excessive Risk
Your stop-loss should reflect reasonable risk. Don't take bigger losses than you can afford. Trading is not gambling — it’s about calculated decisions based on analysis.
---
5. Learn First, Trade Later
If you’re still new or unsure about market structure, trends, or technical analysis — take a step back.
📚 Learn the basics first, build your strategy, test it, and only then think about live trading.
---
✅ Final Advice
This is a sincere suggestion for your own safety and growth as a trader. Be patient, be smart, and protect your capital. The market will always be there — your capital might not.
