Thank God you asked this question because a lot of people would have been saved if only they asked this before jumping in. I was involved in trading for a while and here are my tips.'
1 - Beat Down your ambition, if you don't want to get burnt . Stop looking for big percentage gains. it's possible but it is rare.
2 - look for low percentage and stack them up to make high percentage gains. For instance, rather than look for 5% gain, why not five 1% gains?
3 - Be strategic and be mindful. Don't jump all the time, there are times the market is not favourable, there are times when it is not , so watch out.
4- Learn how to detect when to buy and when to sell through chart reading and news implications.