Set a Daily Loss Limit
Once you hit your loss Limit, Stop Trading for the Day to Avoid further losses.
Always Use Stop-Loss
Trade Automatically Exit if it reaches a Predetermined Price . This helps to Protect your capital.
Use Proper Position Sizing
Dont Take Quantity whatever Take Quantity As per your Capital and use same Quantity for Every Trade
Design Your Trading Strategy
Your Per Trade Profit is always more than your Per trade Loss
and Avoid Making Emotional Decisions based on Fear or Greed
If you Trade on margin , be mindful of the Increased Risk. Avoid excessive leverage that can amplify losses and blow up your account.
Review and Analyze your Trades
Regularly review and Analyze your Trades to Identify your trading mistakes & Learn from your past trades
Only Trade on Breakout Avoid Trading When Market is in No Trend
Have an Exit Strategy
Always have a clear exit Strategy for Book Profit and Book Stoploss for Every Trade
is Crucial in day Trading to Protect your capital and Ensure long-term success