What are some rules to follow as you start trading in the stock market as a complete beginner. Kicking off the new year with a bang, here are my top 5 trading rules designed for complete beginner to follow in 2024. Trading is challenging but building healthy habits is key to success. First trade rule is giving the market the time it needs to paint its picture for the day. 2nd rule is making my money and calling it a day, no over trading. 3rd trade rule is focus on active moves only, if the market is not moving then pull out and stay cash. 4th rule is my max loss of 1.5% loss for the given day! Last trading rule I must follow in 2024 is managing my position size from 10/50/100% The motto is progress not perfection, let’s start the year strong and stay selective!
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