The Most Important Trading Tips You Need to Know Before Your Trades and Using Our Educational Contents
Risk Warning and Disclaimer
Before saying most Important trading tips and first of all, we have to be honest with you and tell, trading in the financial markets has a high risk and there is a possibility of losing part of the capital or all of the capital.
To enter and succeed in the financial markets, you have to have enough knowledge, practice, experience, etc. and always follow the principles. Inability to control emotions and greed can cause heavy losses.
All our published contents on the website, YouTube channel, social media, etc. have educational aspects and are published to increase public awareness for free, and they are in no way an investment or transaction offer.
Who is it dangerous to activity in financial markets?
One of the most important trading tips you need to know before your trades is that working in the financial markets can be very stressful for some people. If you have an underlying disease that stress makes dangerous for you, avoid operating in these markets certainly.
It is worth mentioning that there are many psychiatric and psychological solutions to control anxiety and stress during trading, but we suggest before you enter the financial markets, you must consult your doctor about the mental pressure of this job, considering your health condition, and do not come in to this profession without the favorable opinion of your doctor.
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How much capital do we need to enter the financial markets?
If you want to work in financial markets, always remember that you have to invest and trade with a small part of your assets in these markets (even if you lose all of it, that do not disrupt your life). A trader should never put all his capital and life savings into the financial markets.
An account balance less than the minimum required capital always increases the stress and risk of work. Although it is possible to make transactions with very small capital such as $10, $20, etc. in different financial markets, but generally, professional analysts consider $500 as the minimum capital needed to enter the forex market, stock market, cryptocurrency market, etc.
Considering all aspects, we also believe that activity in these markets are not suitable for people whose unimportant capital (a small part of their assets) they intend to trade with is less than $200 and it is better to avoid it.
Do We Need to Set a Stop Loss in All Our Trades?
For all your trades, specify the STOP LOSS amount in the software from the beginning of the transaction and never make a trade without entering this number.
In all your transactions, especially if you are at the beginning, you must determine your risk amount before making each trade.
According to the trade volume you have entered and where you have analyzed and want to place a stop loss, never risk more than 1% of your assets on any transaction.
That is, if your transaction touched the stop loss for any reason, you should never lose more than 1% of your capital in that trade.
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