I am not sure if this content is cloned or reiterated or not, but it is so important that should be reminded to both newbie and experienced traders over and over.
Money and Risk management and respective provisions
Before executing any trade, regardless of long-term or short-term, please make sure the exit levels are predefined. Calculate the exit quotes meticulously irrespective of profit or loss. Utilise the chart tools, indicators, and your imagination to illustrate the worst case scenario, and then you should come up with a getaway plan in case the market moves against your transact.
Keep an eye on news, economic calendar and market sentiment.
The market resembles a war zone but between bulls and bears, make sure you are ready to be in frontier.