Day Trading with Safe Boundaries
You would not attempt to walk a tightrope without a safety net I hope.
You should also not attempt to practice day trading without reasonable boundaries
where you risk a little to make a lot and you go in the probable direction when entering a position.
These are called stop losses and every trader should have them set up in their mind before entering a position. These are your safety nets in day trading.
These are the principles which prevent you from losing all of your money.
Learn how technical analysis can help you make educated decisions.
Learn how to manage Risk to reward.
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