Know your Entry/Target price
Risk: Reward ratio should be 1:3
Never change stop loss target/orders
Risk an amount, not a percentage on each trade
Only measure total profit/loss after a long series of trades
Develop a strategy that allows you to ‘win’ 50% to 70% of the time.
Trade in shares with high liquidity and no more than 8 to 10 shares
Understand the company and technical fundamentals
Don’t move against the market
Not being greedy is crucial to succeeding as a day trader.

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