10 things I wish I knew when I started trading:

1. The more pressure you put on yourself to make money in the market, the more difficult it becomes to actually make money.

2. Most of your losses are likely from trades that, according to your system, should have never been placed in the first place.

3. One undisciplined trade can undo months of progress.

4. Sometimes the best thing to do is nothing at all.

5. Without a strategy for getting out of trades, you're gambling.

6. Trading is about being flexible and willing to change on a dime.

7. If you aren't passionate about the markets and you are only trading to get rich, you won't last.

8. Successful trading is based on managing risk.

9. Don't try to predict the future. Focus on what's happening right in front of you.

10. The only way to build real confidence in your trading is through experience.

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