Avoid being undisciplined.
Do have money management system in place.
Be prepared for unexpected moves in market.
Avoid over trading habits.
Do not get easily tilted with rumors.
Make sure that you do not trade with probabilities
One should trade emotionally and must control greed, hope, fear, and euphoria.
If you do not have a trading plan and strategy, than you are bound to lose.
As a last but not least advice one must have a trading guru
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