How to Increase Trading Success

•  Managing the risk of ruin.Do not risk so much on any one trade that 10 losing trades in a row will destroy your account. risking 1% to 2% of your trading capital per trade  is a great baseline for eliminating the risk of ruin.When you do intraday trades or positional trades keep an eagle eye on your stop loss. Before entering a trade have a clear SL defined and when it gets triggered just exit without giving second thought. Taking loss no one likes but you are in such a business where taking loss is part and parcel of your trading journey.

•  Only trade with a positive risk/reward ratio.Only take trades where your possible reward is at least two or three times the amount of capital you are risking in the trade.Never enter a trade blindly because your emotions say so. "How far this stock can go down!!" Well its all Supply and demand concept but we need to make sure than when we see a good RR ratio than only enter trade else just ignore it.

Always trade in the direction of the prevailing trend.Always ..


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