How make money with Trading?

Actualizado: jul 20

Follow this easy steps to make money with Trading

Cut your losses

Sometimes when you aren't in a trade that sounds really easy, but when a trade is not working don't wait until the market take all your money and you feel bad about that; be brave and cut your losses and wait for another opportunity to make money.

Pay yourself

All the entrepreneurs agree that when you are running your own business always pay yourself first, because you will feel that your business is working well. The same happens with trading before you take the trade you have to already choose a profit level to pay yourself first and feel the sensation that trading is working well.

Go with the trend

Always chooses trade that has less obstacles in the way, because you are going to get more easiest your profit and like I said in the last item you will feel like a winner, when a stock is rising the market will support the idea that is rising and will buy more so the price is going to up more.

Check your strategy

When you check that your strategy is working well you are making sure that you will have profit and be confident in the next trade, so for that reason is important that every twenty trades, review your trades for be sure that everything is fine.

Have a trading plan

Having a trading plan is the best way to make money because when the trade is open you don't have to think about it you only do what is written in your plan and let the trade be; also that help to be more relaxed and making better decisions.

Learn trading strategy using candlestick chart and the technical analytics and their implications, identify the patterns with different time frames and recognize the right time to buy or sell, establish the stop loss and the take profit.

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