Important Tips And Tools That Will Enhance Your Trading Experience
Tips To use if you want to grow as a trader: 1. Education and Learning Even if you are experienced or fresher learning is mandatory to become a successful trader. Keep educating yourself about trading strategies, technical analysis, fundamental analysis, risk management and market trends. Take advantage of online courses, online materials and trading books to expand your knowledge. 2. Develop A Trading Plan Create a trading plan that will help you achieve your goals, risk tolerance, entry and exit criteria and money management rules. Stick to your plan and avoid impulsive decision based on emotions and market noise. 3. Risk Management Always remember risk is a part your success in trading, that's how you will grow and learn the market. Implement proper risk management techniques like setting stop loss orders, diversifying your portfolio and not risking more than a certain percentage of your trading capital on any single trade. 4. Take Gradual steps Begin with a small trading a
