Have it figured out before entering the trade.
- Plan your trade and then trade your plan
- If you know your entry and exit points (either the stop loss getting hit or the trade gets in your favor), there is no reason to be stressed at all.
- Avoid LEVERAGE. It is the ‘biggest cause of stress and accounts getting busted.’
- If at all you need Leverage, have a clear cut mindset and then ‘strategy’ to trade and manage your money accordingly.
- Avoid trying to gain from every fluctuation in the market.
- Patience is the key.
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