Use tags and notes on every trade. After a few months, review your statistics: "Which tags are profitable? Which are money losers? When do I trade best?" This data helps you make better decisions.
Tips & Tricks
Useful tips for daily use
In this Chapter
1. 🌱 Beginner FAQ — The 10 Most Common First Questions
2. What We Can Learn from the Greats
The more you trade, the more fees you pay and the more mistakes you make. Try to focus on a few well-thought-out trades rather than making ten trades every day.
3. Learn From Your Trades
Use tags and notes on every trade. After a few months, review your statistics: "Which tags are profitable? Which are money losers? When do I trade best?" This data helps you make better decisions.
4. Avoid Overtrading
The more you trade, the more fees you pay and the more mistakes you make. Try to focus on a few well-thought-out trades rather than making ten trades every day.
5. Use Stop-Loss
A stop-loss is an automatic sale at a certain loss level. For example: "Sell Apple if I have a 5% loss". This limits your losses and gives you peace of mind. ALL successful traders use stop-losses.
6. Manage Your Risk
Don't risk more than 1-2% of your total capital per trade. If you have €10,000, risk max €100-200 per trade. This prevents one bad trade from wiping out all your capital.
7. Keep a Trading Journal
Use the notes function to document your trading logic. Why did you buy? What was your plan? Later you can check if you stuck to your plan. This is one of the best learning tools available.
8. Trading is a Marathon, Not a Sprint
Good traders build wealth over years, not weeks. If you have a bad month, that's normal. Look at what you did wrong and learn from it. In the long run, your mindset is more important than short-term results.