Many beginners blow up their accounts when they get started.
❌ They risk too much.
❌ They overtrade.
❌ They chase losses.
Trading isn’t just about picking the right trades—it’s about avoiding the wrong ones.
💥 1. Plan your trade, trade your plan.
Successful traders define their strategy before they ever enter a trade.
🎯 Have clear entry & exit points.
🎯 Set risk limits in advance.
🎯Have a trade management strategy.
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💥 2. Risk Management
🔹 Never risk more than 1-2% of your account per trade.
🔹 Always use stop-loss orders.
💥 3. Overtrading
More trades don’t equal more profits.
Impulse trading leads to reckless decisions.
✅ Stick to high-probability setups.
✅ Trade only when your strategy confirms an opportunity.
💥 4. Chasing Losses
Trying to “win back” lost money by increasing risk?
Bad idea.
⚠️ Emotional trading usually leads to bigger losses, not profits.
⚠️ Accept losses as part of the process and move on to the next opportunity.
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💥 5. Account management
💰 Risking too much too soon leads to unsustainable losses.
💰 Proper capital management keeps you in the game.
💥 6. Patience & Discipline.
FOMO (Fear of Missing Out) kills more accounts than bad trades.
📌 Stick to your trading rules, trade small size to remove the emotion.
Unlock the Winning Mindset of a Profitable Trader
Are emotions sabotaging your trades?
It’s time to break free from fear, doubt, and hesitation.
💡 90% of trading success comes from psychology—yet most traders obsess over charts and indicators while ignoring the real game-changer: Your Mindset.
https://www.daytradeideas.co.uk/product/psychology-course/
