Trading

Hi Friends iam a new member here with you. Need your advises for trading.
Thank You all. Have a great day.

Hallo and welcome. Well i am quite new here myself as well.. and i love it!! This is a really great informative forum. I am no expert, but what i can say is that. In trading..picking the right trades, working hard, having the technical skills - these represent just the requirements for being better than the average. To be a great trader, however, it boils down to mental makeup, discipline, and money management. You are not going to be right most of the time. So keep losses small. Let your winners pay for your losses.
On the flip side, you must absolutely try to extract as much money as possible from winning positions. It is extremely tempting to close out positions, when you are up 2%, 5%, or even 10%. But you need to let yourself take in the two, three, five, ten baggers than will pay for 10-20 losing trades.