TRADING TECHNIQUES TO IMPROVE YOUR TRADING

 Trading Techniques To Improve Your Trading --

Trading on the based of your emotion is destruction in life , you are not just loose your money but your sleep too,Your peace of mind & Health also it will impact on your relationships in long term.

 "Trading is not for the dabblers, the dreamers, or the desperate. It requires, above all, one steadfast trait of dedication. So if you are going to trade, trade like you mean it"

-Rod Casilli.
Here I write some of the best ideas to improve your Trading journey

1. Have a Trading approach - Trading without a plan is waste of your Time & Money. you'll ended up having nothing but Regrets & fantasies. Having a proper Trading system not only make you profitable but it saves you from Unnecessary emotional roller coaster It helps you when to enter or exit , where to put your Stop-loss so you can control losses & Maximize the overall profitability

2.Thinking like a business - Take trading as a business and do it like business. Take decision in term of profit & loss every opportunity have 2 sides in trading. In Business you have to maximize profits & Minimize losses to run it in long term

3.keep updated Yourself - There are many factors which we can't control when it comes to trading on like Govt. policies,economic datas , global incidents, war &  many factors , keep yourself up to date as possible Your End goal should be To Protect Your Capital
 
4.Be Conservative in the beginning - Be Conservative when it comes to trading , in terms of your trading strategy & position sizing & risk . everything should be define , keep losses as less as possible
  your priority to be in the game to play the game

5. Never ever think you know Everything - Never stop learning when it comes to Trading & Investing , be a student & Never Repeat the same mistakes again. knowledge is something which never leaves you but money can. Maintain a journal and write down your profitable or losing trades

6. Know your risk - Understand this what kind of profession is this, first control your Risk then Think about to Increase  your position sizing , learn first how to use Leverage in Trading as said Leverage is two side of swords. you can make huge profit using leverage & same lose it all if risk is not define

7.Have predefined Rules - Having Proper Rules & Tools is very Necessary for Trading It helps you to control the Emotions Building Discipline & Patience and overall understand the way of doing this business The longer you be in the game the more clearer you became about, what to Do what Not to Do in Trading.

8.Put always stop loss in your system - Do not ignore stop loss if you want to be profitable in this business, taking losses is also a important & Necessary part of Trading. Booking losses on time protect your overall capital & helps you to stay in long term.

9.Decide what suits you - Some traders are good for Intraday but some are good in swing trading and some only stick with  positional trades and then comes scalpers who only in trade for some minutes so figure out which type suit you on the basis of your behavior , And remember always the longer the time-frame shorter the screen time.

10.have a Routine - Build a Routine which can helps you to be focused on your trading & build discipline & patience. as well as your life also not get affected into Trading   

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