The six principles of trading

Before you start - learn
Learning is fundamental before embarking on a trading journey. Knowledge of the financial markets, understanding of different trading strategies, technical analysis and risk management will provide a solid foundation for success.

Before you go in - make a plan
A clear plan needs to be preceded by every trade. Plan your trading goals, risk management strategies, and entry/exit plans to help you stay disciplined and avoid impulsive trading.

Before you reap the benefits - take the risk
Understanding risk is part of trading. You must be prepared for potential losses before making a profit. Smart risk management can protect your capital.

Before you quit - try
Don't be in a hurry to quit. Try different methods and strategies in practice and find what works for you to increase your trading success rate.

Before you win - execution
When you have a clear plan, execute it decisively. Don't hesitate because the market can change quickly. Execution is the key to success.

Before you enjoy it - patience
Trading is a patient job. There may be setbacks and difficulties before enjoying trading success. Patience is a must for success.