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What Are Your Golden Rules?
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Miralas

Member Since Aug 11, 2019  2 posts Miralas Dec 02 at 18:42
My golden rule is to always keep calm. No matter what, I always think that it doesn't matter. This relly help, as I don't worry about fails and don't lose mind if I'm winning. That's the best way to be a good trader I think :)

momo3HC

Member Since Oct 20, 2018  66 posts momo3HC Dec 08 at 18:03
Miralas posted:
My golden rule is to always keep calm. No matter what, I always think that it doesn't matter. This relly help, as I don't worry about fails and don't lose mind if I'm winning. That's the best way to be a good trader I think :)

Stone cold Miralas. wink Just a joke but you`re damn right.

Darkwarden

Member Since May 13, 2019  8 posts Darkwarden Dec 09 at 19:06
The most important rule, which always helps in trading, is to keep statistics. And it is necessary to record not only profit and achievements, but also assets that have been used today, strategies, time, failures and so on. Maybe it sounds too difficult, but just when I started to adhere to such a system, success and stability came to my trading. And to be honest, I am ready to spend a lot of time on it, the main thing is to make money. By the way, as far as I know, a lot of traders also control the statistics in order to analyze the periods when it turns out better and when it turns out worse.

feelsofine

Member Since Dec 09, 2019  4 posts feelsofine Dec 11 at 09:47
Trading in demo to learn more about strategy..and keeping record of those.
Keep trading but don’t trade if making 3 losses in row...

AdamCantor

Member Since Mar 18, 2019  29 posts Adam Cantor (AdamCantor) Dec 12 at 16:24
Teejy88 posted:
Abderrahmane1992 posted:
Teejy88 posted:
My one and only rule! Risk management, manage your risk and you will not fail.


I second that. Risk understanding is critical to trading. Without that even a good trader will lose all their money


Indeed, and not only that, it means that you can lose trades and still be profitable.
RISK MANAGEMENT IS KEY without it you cant expect an ounce of success

uxStyle

Member Since Dec 26, 2018  13 posts uxStyle Dec 12 at 18:48
The golden rule is to keep calm and never let emotions to overshadow logic and your thinking. If that will happen, you are likely to lose a lot, so emotions is your number one enemy.

Roberto21

Member Since May 02, 2019  153 posts Roberto21 Yesterday at 08:40
the golden rule is always remain cool wherever is going on trading negative or positive. but in practical its really difficult , only strong mind people can do it with successfully.

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