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#TradingUniversity #AlgoTrading

Basic rule for new trader if you want to be in the game for the long run ....

a. Always follow a setup what you have made earlier .

b. Put a stop loss order just after entry .

c.SL should not be more then 10% of your capital.

d. First of all identify the major trend and avoid taking trade against the trend

e. Don't panic if your SL got hit.

f. while in down trend think of selling at the resistance and think of buying at the support when in up trend .