Never risk more than 1-2% of your account per trade. Use stop-loss orders and avoid revenge trading.
Stick to one proven strategy—such as price action, support/resistance, or candlestick patterns—and perfect it before moving on.
Track all your trades: entry, exit, reason, outcome. This helps you learn from mistakes and improve consistently.
Don’t trade all day—only enter trades with high-probability setups. More trades often mean more losses.
Always aim for a minimum of 1:2 or 1:3 risk-to-reward ratio to remain profitable even if you lose more than you win.
Use both technical and fundamental analysis before placing trades. Don’t trade blindly or based on emotions.
Stick to your trading plan. Don’t chase trades, and never trade out of boredom or frustration.