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19 Things
to Do While Doing Business
.png "19 Things to Do While Doing Business")
1. Do
business by the rules and distance when in doubt: First, the trader must write down the
business model, setup or events that must occur before the decision can be
made.
2. Use Stop Loss Don't trade based on
expectations: Create an exit strategy,
exit if the trade is against you and rely
on analysis at all levels, don't
wait when the market is against you, you have to exit if the stoploss level
hits.
3. Follow
your judgment or follow the expertise of
an expert: If your review is very good, create a list of sites you applied to and
follow all their instructions before you get into the process job.
4. Constantly evaluate your mistakes: Start by fixing mistakes outside of your job, such as bad practices and poor
business management. Make sure you don't leave jobs that aren't part of your
job. If the success and good management
of the business still results in a shortfall, it is time to return to business
strategy to identify and correct errors.
5. Take your time: Do your best and be firm in your business plan. Make a list of signals and indicators that will help make the trading process as efficient as possible.
19 Things to Do While Doing Business
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7. Do not open a position without first
establishing a risk reward: Once the
trade is complete, create a drop and place a target order as a risk reward. You
can set things up before you walk in and then you're at the mercy of the store.
8. Bet a lot on low-risk strategies: recommends that you lose no more than 1-2% of
your capital on a trade.
9. Don't
fight: Trade in the direction of the
formation after the counter trend noise.
To do all this, you need to identify the difference and what the noise is. Do
it yourself or take advice from experts.
10. In no case do not add to the lost position: Adding to the lost position will eventually lead to its destruction.
19 Things to Do While Doing Business
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11. The goal is not to buy low and sell high,
but to buy high and sell high: If the market is in a formation and we are
trading in the same direction, buying
high is a strategy and we should. There is an opportunity to trade at a
higher price to sell.
12. In a bull market we can only be long or
medium, in a bear market we can only be short or medium: this rule gives the best way to get right at
work and permanent luck rewards.
13. Be
patient with the market and be very patient with losses: Remember that as long as our losses are small
and our profits are large, the chances of winning are high.
14. Don't Trade Too Much: Trading is not gambling, so act
professionally.
15. Consider risk before potential reward: Always consider loss before taking a job. Then consider affordability. This will help you be more realistic and avoid trying your best or not seeing the real danger involved.
19 Things to Do While Doing Business
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16. Don't trade more than you can afford:
Are you willing to accept the worst-case scenario, such as losing money
or sticking to a long trade?
17. Remember
the translation: What is hot
today may not be hot tomorrow. If you can't complete the stock period, so buy
at a reasonable price, leave.
18. Don't mess up: Leverage is the key to outstanding results.
But on the other hand, it could also be a great loss. So use leverage sparingly
and try to outdo your position.
19 a. Job sizing is important: Job sizing is key to managing all the risks of the business, using financial rules that will be adopted by you or your professional business to fix the products you need to do business with.
19 Things to Do While Doing Business
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FREQUENTLY
ASKED QUESTIONS
1.What are the best rules of trading?
It is not necessary to
trade every day, sometimes "not trading" is the best trade. Trading
volume when trend is clear and weakness
is low. At the very least, you can get clarity every week or every month.
Things are tough today because diversity is your best friend.
2. What are the business
rules?
Overview. In general, you should not trade more than 3 days out
of 5 business days unless you have at least $25,000 in equity in your account
at the end of the previous day.
3. What are the 5
secrets of stock selection?
Tips to Know • Set your
financial goals. ... • Determine your
risk tolerance. ... • Only buy stock if
you know the company well. ... •
Understanding financial comparisons. ...
• Take care of valuables. ...
ASHISH PRAKASH, BLOGGER
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