Top 15 Day Trading Rules Every Trader Should Follow

PUBLISHED BY SENSITREND DATE: 14-11-2023

Educate yourself on financial markets and trading techniques.

Start small and trade with money you can afford to lose.

To reduce trading losses, you should always trade with discipline.

When trading, control your emotions and concentrate on the trades at hand. 

Follow your plans and make an effort to trade the plans alone.

Always maintain stop losses to safeguard against significant losses and preserve your capital.

Always follow risk management strategies  to avoid terrible outcomes from the bad trades. 

Always follow steady progress to regain losses rather than chasing them.

Wait for the right moment to manifest itself and maintain patience when trading.

Avoid over-trading to reduce stress and anxiety. Over-trading can blow out your trading account.

Always analyze your trades and try to learn from the previous mistakes. 

Use reliable trading platforms at all times to reduce the likelihood of technical glitches. 

Always follow the market and its trends to earn maximum profits and avoid losses.

Accept losses and enjoy  the process of trading. 

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