You can make good money from the market if you follow a successful trend, up or down.
Follow the current price trend rather than predict the future.
You should not change a winning system of trading even if you have some bad trade.
Trade with a stop loss. Fix your exit point before your entry point.
Capital preservation should be your top priority.
Keep faith in yourself when the market becomes range bound and lackluster.
Do not change the winning system for a few losing trades.
The trend is your friend, You do not require a market guru to trade.
Be wise and do not go against the trend.
Do not be a compulsive trader, There is no need to trade everyday.
Try to take a positional call rather than a day trading call.
Be prepared for volatility in the market.
I hope that my suggestions will be helpful for traders in the stock market.
WATCH THIS SPACE TOMORROW FOR NEXT WEEK STRATEGY.
CHEERS!!!.
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