Successful Trading Rules

Aug 02, 2020 at 04:50
3,061 Views
53 Replies
Member Since Apr 18, 2017   718 posts
Dec 21, 2020 at 12:16
success is not easy we know very well but still we try to bring success with no learning , as a result we become loser when try to make it in practical.
Member Since Jul 19, 2020   788 posts
Dec 22, 2020 at 01:47
If you want to trade successfully, you have to trade according to discipline and plan. At the same time, money management and risk management must be maintained.
Member Since 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.
Member Since Nov 23, 2020   46 posts
Jan 12, 2021 at 13:48
For your trading to be successful, you need to have trading strategies, a trading plan, and, of course, the discipline with which you can control yourself.
Member Since 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.
Member Since Oct 01, 2009   242 posts
Jan 12, 2021 at 17:40
CirillaCosta posted:
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.
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.
If you can prove that you can make money grows, tons of money will flow to you.
Member Since Oct 01, 2009   242 posts
Jan 13, 2021 at 09:10
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.
Member Since Jan 13, 2021   38 posts
Jan 13, 2021 at 15:29
In pursuit of illusory success, many traders lost their earned money. After all, big profits breed greed that is difficult to deal with. Therefore, it is so important to have the right criteria for success.
Member Since Dec 31, 2020   16 posts
Jan 29, 2021 at 10:20
CuongVC posted:
So the question should be now... What are working plans? or, Does my plan/strategy work?
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,
Member Since Oct 01, 2009   242 posts
Jan 31, 2021 at 11:22
BrantleyC posted:
CuongVC posted:
So the question should be now... What are working plans? or, Does my plan/strategy work?
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,
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.
If you can prove that you can make money grows, tons of money will flow to you.
Member Since Jul 19, 2020   788 posts
Feb 01, 2021 at 01:25
That's right, following some information is essential for successful trading.
Member Since 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.
Member Since Dec 29, 2019   11 posts
Feb 01, 2021 at 21:30
Hello everyone. You are not tired of doing self-psychology here. There is a system-trade. Don't look at the balance as money. Look at them as just numbers. It's easier that way.
Тише едешь дальше будешь.
Member Since Nov 19, 2020   104 posts
Feb 02, 2021 at 11:34
AniLorak posted:
knowledge can be useless if there is no regular practice session , so we the traders first of all have to make sure regular practice.
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.
Member Since 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.
Member Since Apr 18, 2017   718 posts
Feb 04, 2021 at 14:21
risk is everywhere in Forex its a very common thing , there is no one who can deny but if you have proper money and risk management then within a very short time you can bring good amount of profit from here.  
Member Since 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.
Member Since 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.
Member Since Nov 19, 2020   104 posts
Feb 12, 2021 at 07:51
leahmclaughlin posted:
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.
Do you prefer sticking to a single plan of action or frame multiple ones?
Member Since 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.
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