$USD/JPY (USDJPY.FX)$$EUR/USD (EURUSD.FX)$$GBP/USD (GBPUSD.F...
$USD/JPY (USDJPY.FX)$ $EUR/USD (EURUSD.FX)$ $GBP/USD (GBPUSD.FX)$ $Bitcoin (BTC.CC)$ no.1 rule, never stay too long in one trade in Forex/Crypto. as it hits your target, gather your bloody self (discipline/self-control) and get out with your near or set target with profit, as price movement in such assets are very volatile leading to margin calls. no.2 rule, go with the trend plus applying technical analysis (if you do not know TA yet, pls go learn it first) while trying to buy low, sell high or short high, sell low. no.3 rule, if it doesn't go your way, get out as quickly as possible (my style: get out as the same or half the (negative) amount as your target (ie if your target is $50, but you are at the losing side, get out between negative $25-$50 without needing a bloody second thought. final rule, trade max 2 trades a day - be it winning or losing and call it a day. bonus rule: until you have a few years of experience, try trading the news as they release to enhance your growth though it is very risky.
end of the day, we can't predict which direction the price will go. but to increase your winning trades, you gonna be disciplined. it's ok if you can't be disciplined at the start. it's hard psychologically. give yourself a year. but after a year, you still don't change, forget about trading and go get a real boring job out there and work hard to earn and put a portion of your money investing in blue chip stocks instead, or just quit trading/investing.
some stable or high growth ones here if you can't handle forex
$SPDR S&P 500 ETF (SPY.US)$ $Microsoft (MSFT.US)$ $Invesco QQQ Trust (QQQ.US)$ $Tesla (TSLA.US)$ $Johnson & Johnson (JNJ.US)$ $NVIDIA (NVDA.US)$ $Procter & Gamble (PG.US)$ $DBS Group Holdings (D05.SG)$ $Vanguard S&P 500 ETF (VOO.US)$ $Coca-Cola (KO.US)$ $Cisco (CSCO.US)$ $Bank of America (BAC.US)$ $McDonald's (MCD.US)$ $Ford Motor (F.US)$ $Starbucks (SBUX.US)$ $Singtel (Z74.SG)$ $Vanguard Real Estate ETF (VNQ.US)$ $Palantir (PLTR.US)$ $Apple (AAPL.US)$ $GOOLD (GOOLD.US)$ $Advanced Micro Devices (AMD.US)$ $Pfizer (PFE.US)$ $Amazon (AMZN.US)$ $Visa (V.US)$ $MasterCard (MA.US)$
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Edwin Fernandez763 : Stop spreading this little kid stuff!
BFSkinner : Scaling out during final bull phase reduces risk
Brailon Scott : Thank u I needed that
Boris Johnson OP BFSkinner : BF Skinner liked to talk about positive reinforcement can be applied in trading too to be satisfied then to be reinforced