Who is a “successful trader”? They are a trader who has learned to make a stable profit in financial markets. In this article, we will give 10 clues that will help beginners to become and feel like that successful trader.
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Working on financial markets implies high risk; in order to become a successful trader, one should minimize potential risks. This article is devoted exactly to reducing them.
As soon as they get a little free money, beginners open another position and, when it comes to the crunch, lose all their orders and entire deposit. To avoid such situations, people created and developed some specific rules to manage their capital and risks.
Hedging risks is an essential ability for both new and advanced investors. Risk hedging is used when a trading system no longer works, and you've got to secure your capital against the volatile market conditions.