Successful Trading Rules
Jul 28, 2021 at 08:16
In Fx trading, learning is not easy despite of having too many sources including pips school, learning sometimes boning and usually new traders get tempts to start trading without enough knowledge and become fascinated with the way of trading live which may cause laziness and trapped by wishful thinking get rich quickly scheme
Member Since Jun 26, 2020
327 posts
Jul 29, 2021 at 07:33
automated trading is a source to bring profit even though there is no trading knowledge and experience , so of course someone can use it with no doubt.
Member Since Jul 29, 2021
8 posts
Jul 29, 2021 at 10:48
Only trade if you are 100% confident in the trade. That is my 1 and only trading rule
Jul 31, 2021 at 14:38
In my opinion, every trader must have some rules which he/she has to comply. To my mind, these rules are:
1. Never be greedy and don't rush. It's verysignificant mainly because you are able to avoid serious mistakes. Of course mistakes are your experience, however if there are people who already made these mistakes, then you'd better listen to their advice.
2. Don't neglect money management and risk management practices. Actually, it's the same as the first rule, neverthless it's much more detailed rule, you know. Don't open a position if you're not sure.
3. Concentration and learning. It's simple. Just learn and practice, learn and practice. On demo, on a real acount or somehow else. Always concentrate on your trading activity and weigh all pros and cons according to a particular situation.
1. Never be greedy and don't rush. It's verysignificant mainly because you are able to avoid serious mistakes. Of course mistakes are your experience, however if there are people who already made these mistakes, then you'd better listen to their advice.
2. Don't neglect money management and risk management practices. Actually, it's the same as the first rule, neverthless it's much more detailed rule, you know. Don't open a position if you're not sure.
3. Concentration and learning. It's simple. Just learn and practice, learn and practice. On demo, on a real acount or somehow else. Always concentrate on your trading activity and weigh all pros and cons according to a particular situation.
Member Since Jul 23, 2020
869 posts
Jul 31, 2021 at 17:44
Practice in the demo to build a god partible trading strategy.
Member Since Jul 23, 2020
759 posts
Sep 05, 2021 at 13:37
Don’t be greedy or take the trade with emotion.
Sep 06, 2021 at 20:04
NzeCapitalTrades posted:
1.Always Use a Trading Plan.
2.Treat Trading Like a Business.
3.Use Technology.
4.Protect Your Trading Capital.
5.Study the Markets.
6.Risk Only What You Can Afford.
7.Develop a Trading Methodology
8.Stoploss should be placed manually or automatically always
9. Give no room for emotions.
Always have a good strategy
Member Since Nov 29, 2022
40 posts
Dec 08, 2022 at 06:42
These are some good tips. For successful trading, traders need to plan it out and analyse the market efficiently to decide how to move forward in the right manner. Thanks for sharing!
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