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What Are Your Golden Rules?

Miralas
Dec 02 2019 at 18:42
12 posts
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
Dec 08 2019 at 18:03
164 posts
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. 😉 Just a joke but you`re damn right.

Darkwarden
Dec 09 2019 at 19:06
19 posts
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
Dec 11 2019 at 09:47
51 posts
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 (AdamCantor)
Dec 12 2019 at 16:24
98 posts
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
Dec 12 2019 at 18:48
28 posts
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
Dec 14 2019 at 08:40
364 posts
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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