Tips to reduce your losses in trading

Many new traders are exited with profits and depressed with losses..
First and golden tip is learn to control the emotions...
Try to treat profit and losses in the same way. I know that its very
difficult to handle the joy of profits then sorrow of losses..

Second silver tip is to always trade with stop loss. To be successful
one need to protect their money to trade further. Limit your losses
with always strict stoploss. Also do remember to book your profits
with trigger once your profit level is reached and trail.... This way the profits
are booked and can increase if market still ramps to book more profits.

Third bronze tip is to be patient...
An hunter if he is impatient cannot get his prey.. So wait for the right time to
enter the market. Again one may ask is what is right time..? Well this may
be subject depending on what stocks you are trading. Few examples may
be a stock has reached resistance level, markets going down continuously 3 days..
This may come with trading experience