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Interesting, hmmm. Do you mean I have to create a check list for my trades? How do I go about making that?

Good day, Kmiklas Thank you for visiting. It must be a big deal for every trader at the beginning of their trading career. I'm very happy I raised this topic here and got such wonderful responses. With regard to your number 1 mentioned here, there is just one thing I don't understand.

I greatly appreciate your time because you answered my question in great detail. I am aware that I require additional details about that. I should look around more.

Hi, thanks for sharing your thoughts here. I was wondering to know how you learn these 5 elements by over trading coz I just lost money.

I am some how new to trading, you know every trade is different and you learn new things, I ask some friends to give me advice on my trades.

I didn't know about that. I did some quick research, and it sounds good to me. If you have any suggestions or advice about that, please mention it here. Thank you so much.

I enjoyed the idea you mentioned opening 7 trades and changing the stoploss while making profit. i am eager to know what do you mean by profits take care of themselves? thanks for sharing your great experience.

I am so glad you mentioned that it is not easy. of course you are right, but can I ask how you describe a defined plan?

I guess trading is not dealing with books, books advertise the author. but I can say: The Handbook of Fixed Income Securities and Bond Markets, Analysis, and Strategies. I should mention a friend advised me I didn't studied them. personally I use YouTube.

hello everyone! I was wondering that how can I avoid doing too much trading? and What can you do to control yourself when you lose and still want to open another trade? And when you reach your profit goal how can you prevent yourself from thinking of making even more profit?

Got it. Basically, some non-regulated brokers can be okay if you're starting out with low capital

what do you mean?

i really appreciate your advice. thanks. i guess i should do that.

Thanks for your advice :))))

I'm not certain. They're acceptable to my friend. he received the profit, everything is fine. the regulation is something i am thinking about although everything is fine with them.

a friend recommended and he has an account by them and is satisfied. you know offered a high leverage and bounus.

Hey dude, whats sim account? i havent heard that

Demo accounts are important for traders to practice and test their strategies without risking real money, familiarize themselves with trading platforms, and compare brokers to find the best fit for their needs.

is anyone here tried the unregulated broker? what is your experience? I tried with a new broker which I realized then it is unregulated. it is fine by now but i am worried about it.:banghead: