- Stick to your trading strategy:
- Do not change your strategy:
- Pay attention to the economic calendar:
- Maintain a trading journal:
- Close a losing trade:
Do not let emotions influence your trading decisions. Day trading is a risky venture. Hence, pay attention to money management.
if you find it not working anymore. Pay attention to volatility. Do not worry about losses as they are inevitable in trading.
News announcements and economic releases have significant impact on the market.
Look back at your trades. Find out why some trades went wrong.
When you see a trade going in loss, do not wait for too long to close your position. Do not chase your losers. Use a