Need help to trade better and to trade RIGHT

[megha bansal]

Making mistakes does two things:
One, it makes you learn new things, and you experience the market in a never-seen way.
Two, it makes you realise that you are on the wrong path and you need to correct your course as soon as possible.
So, learning from your mistakes and looking at them that way is crucial.

 

[Sarasvati Kapudia]

Since there are positives and negatives in every trade, emotions play a crucial role in every transaction and you must know how to control them. A trader who gets overly excited when something goes well will also overreact when they experience losses. Therefore, it is crucial to have good emotional control, which most traders lack; hence, many eventually experience losses.