Learn price action, chart patterns, and market structure
Trade only highly liquid stocks, indices, or ETFs
Use a strict risk management plan
Risk only a small percentage of capital per trade
Set stop-loss before entering every trade
Define target and reward-to-risk ratio in advance
Trade with the trend, not against it
Use a tested trading strategy with clear entry and exit rules
Backtest the strategy on historical data
Paper trade before using real money
Avoid overtrading
Focus on a few setups only
Trade during high-volume market hours
Avoid trading during major news unless planned
Keep position sizes consistent
Cut losses quickly
Let winners run when possible
Maintain a trading journal
Review trades regularly and improve mistakes
Control emotions and avoid revenge trading
Stay disciplined and follow your plan
Preserve capital first
Withdraw profits periodically
Keep learning and adapting to market conditions