Successful Trading Rules
Mitglied seit Jul 19, 2020
318 Posts
Dec 28, 2020 at 19:41
I think depending on the signal will be risky as a trader. you should make a strong plan to survive in this risky market.
Mitglied seit Aug 30, 2017
1 Posts
Jan 12, 2021 at 15:08
If you want to be successful in your trades, always remember:
Learn to use your emotions to be able to trade but never trade in the market with emotions.
Learn to use your emotions to be able to trade but never trade in the market with emotions.
Jan 12, 2021 at 17:40
CirillaCosta posted:This is the most important. The plan/strategy has to work first, then 'stick to it' (emotion, greed, fear,...) is something need to come after.
According to me. Success in the forex market mainly depends on the trading strategy. So, make a profitable strategy and make a profit from this market.
If you can prove that you can make money grows, tons of money will flow to you.
Jan 29, 2021 at 10:20
CuongVC posted:That needs to be figured out by you only.Its not mandatory that a plan/strategy that worked for me, would be profitable to you too, each trader is unique. You should back test your strategies before putting them to action on a live account. Also,
So the question should be now... What are working plans? or, Does my plan/strategy work?
Jan 31, 2021 at 11:22
BrantleyC posted:Exactly! Each trader is unique. That was reason why I said 'Does my plan/strategy work?' is because there are so many 'answers' that do not in a complete solution. We should talk about total solutions, if we want to.CuongVC posted:That needs to be figured out by you only.Its not mandatory that a plan/strategy that worked for me, would be profitable to you too, each trader is unique. You should back test your strategies before putting them to action on a live account. Also,
So the question should be now... What are working plans? or, Does my plan/strategy work?
If you can prove that you can make money grows, tons of money will flow to you.
Mitglied seit Nov 03, 2020
65 Posts
Feb 01, 2021 at 07:15
In everything, there must be a certain border also in trade and in the desire to make a profit.
Feb 02, 2021 at 11:34
AniLorak posted:Agreed! Knowledge and skills go in vain, if not applied at the right time for the right purpose. Practice not only helps us to grow, but also develops our skills somewhere.
knowledge can be useless if there is no regular practice session , so we the traders first of all have to make sure regular practice.
Mitglied seit Aug 27, 2017
994 Posts
Feb 03, 2021 at 12:32
knowledge is more important, i know but any kind of knowledge can be useless
if there is no regular practice, so we the traders have to make sure the the best practice session.
if there is no regular practice, so we the traders have to make sure the the best practice session.
keeping patience.......
Mitglied seit Jul 20, 2020
298 Posts
Feb 05, 2021 at 00:28
If you can use money management and risk management properly, your success ratio will increase. And with that, you have to work according to discipline and plan.
Mitglied seit Dec 01, 2020
20 Posts
Feb 10, 2021 at 09:56
Yes, having a successful trading plan can make a lot of difference to trading. It keeps you motivated and you can always work hard to achieve your goals.
Feb 12, 2021 at 07:51
leahmclaughlin posted:Do you prefer sticking to a single plan of action or frame multiple ones?
Yes, having a successful trading plan can make a lot of difference to trading. It keeps you motivated and you can always work hard to achieve your goals.
Mitglied seit Mar 17, 2021
536 Posts
Mar 19, 2021 at 06:50
I think goal is important in trading. But do not force your natural trading decision based on your target.
