[0:00]The 10 trading rules for new traders: One, never trade against the trend. Two, plan your trade, trade your plan. Three, take trades with good risk to reward ratios only. Four, avoid low probability setups. Five, wait for signal confirmation before entry. Six, avoid high volatility news events. Seven, take only the best trade opportunities. Eight, manage your trade as it plays out to maximize wins and minimize losses. Nine, use position sizing that doesn't mess up your psychology. 10. Don't break any of these rules your first year trading.
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