Follow the rules and Don't lose your money.

Jul 11, 2021 at 05:47
868 zobrazení
19 Replies
Členem od Mar 16, 2021   477 příspěvků
Jul 14, 2021 at 16:53
Nice information, I have made a lot of knowledge of this information. So thank you.
Členem od Apr 03, 2021   470 příspěvků
Jul 14, 2021 at 23:45
Yes I think very important to follow the rules trading, sometimes the most mistake over trader is they lack in discipline, sometimes making a repeated mistake over and over again, trading forex is not short term business but because this for long term business, a a trader must treat trading as real business and not only like a game
Členem od Mar 28, 2021   617 příspěvků
Jul 15, 2021 at 06:40
Following rules is important. But before that we need to make effective rules. Rules that beneficial for trading. Rules that prevent you taking unnecessary trades.
Členem od Sep 12, 2017   238 příspěvků
Jul 15, 2021 at 11:55
i dont think there are any rules in trading. u either win or lose. you cannot always play safe
Členem od Mar 17, 2021   536 příspěvků
Jul 16, 2021 at 08:58
perryjohn765 posted:
i dont think there are any rules in trading. u either win or lose. you cannot always play safe
A good plan can save you from losing money.
Členem od Mar 16, 2021   477 příspěvků
Jul 17, 2021 at 00:27
FXOday posted:
Yes I think very important to follow the rules trading, sometimes the most mistake over trader is they lack in discipline, sometimes making a repeated mistake over and over again, trading forex is not short term business but because this for long term business, a a trader must treat trading as real business and not only like a game
Yes, of course, trading profit depends on discipline and plan. If these rules are not followed, nothing good can be expected from trading.
Členem od Jul 19, 2020   788 příspěvků
Jul 19, 2021 at 14:23
Discipline and plan need to be maintained. It is not possible to make a profit in trading if we do not follow the rules.
Členem od Jul 19, 2020   788 příspěvků
Jul 19, 2021 at 23:46
Rules need to be followed in any matter. If you don't follow the rules, the chances of loss increase. For example, Money Management, Risk Management, and Trading Strategy.
Členem od Jul 19, 2020   788 příspěvků
Jul 19, 2021 at 23:51
It is difficult to make a profit if it is not possible to combine the fundamentals with the technical. So every trader needs to do fundamental analysis.
Členem od Apr 15, 2020   219 příspěvků
Jul 20, 2021 at 04:28
Rules help you to protect your trade from sudden loses and thus should be always followed.
The more your practice, the more you learn.
Členem od Mar 01, 2021   11 příspěvků
Jul 23, 2021 at 11:38
Great tips which can really improve someone's trading results.
I would also add here psychological factor. Something like 'don't underrate psychology in trading'. I believe that psychological state should be delt separately from the other sides of trading, because it is something that one should pay much attention to.
Členem od Mar 17, 2021   536 příspěvků
Jul 23, 2021 at 12:30
AliaDare posted:
It is difficult to make a profit if it is not possible to combine the fundamentals with the technical. So every trader needs to do fundamental analysis.
Only proper planning can ensure the profit in this market.
Členem od Mar 28, 2021   617 příspěvků
Jul 24, 2021 at 10:22
@Keuschur Yes psychological factors are the most important things in forex trading. People get emotional attachments to theirs trades. That's why they can't close trade even though they it will not give profit.
Členem od Sep 10, 2020   11 příspěvků
Jul 27, 2021 at 18:46
Good tips for all the newbies in trading.
I believe that the most important tip wasn't pointed out like the other tips. I guess that the most important thing is to analyze your mistakes. That is the secret to all kinds of development: if you keep doing the same mistakes, you'll never suceed in what you are doing. That is why it is so important to analyze your own performance.
Členem od Jun 15, 2021   16 příspěvků
Jul 28, 2021 at 07:49
I completely agree with @AliaDare. Trading is all about following the rules, doing your research, making a study, building a plan/strategy, and executing it as per market situation .
Členem od Jul 26, 2021   26 příspěvků
Jul 28, 2021 at 10:36
Sometimes it happens that all the rules are met and all the conditions are met, but trading still does not make a profit. I believe that the point is which rules you have chosen, not the fact of their observance.
And if your rules don't work, then consider changing them.
Členem od Sep 27, 2020   11 příspěvků
Jul 31, 2021 at 14:43
Great tips for all the traders.
More often than not it is really easy to forget about everything and trade according to the emotions and gut-feeling. That is why it is of utmost importance to keep cold headed and sober whatever happens during trading session. The most important tip is trading plan because it eliminates lots of problems. If you plan your deals and know what to do, then you are safe from big losses and you will definetely win in the long run.
Členem od May 27, 2021   64 příspěvků
Jul 31, 2021 at 16:52
Vianni posted:
Great tips for all the traders.
More often than not it is really easy to forget about everything and trade according to the emotions and gut-feeling. That is why it is of utmost importance to keep cold headed and sober whatever happens during trading session. The most important tip is trading plan because it eliminates lots of problems. If you plan your deals and know what to do, then you are safe from big losses and you will definetely win in the long run.
Couldn't agree more on this buddy!
Členem od Mar 28, 2021   617 příspěvků
Aug 01, 2021 at 12:49
Unfortunately, most people do not have any specific rules. They take impulsive decision gor opening or closing a trade. That makes the trading more risky.
Členem od Jul 19, 2020   751 příspěvků
Aug 01, 2021 at 16:32
@Akasuki Yes you are right. Most people do not follow any rules. Warren Buffett said something like, if you can't write some reason why you are buying, don't buy it.
You must be connected to Myfxbook in order to leave a comment
*Komerční použití a spam nebudou tolerovány a mohou vést ke zrušení účtu.
Tip: Zveřejněním adresy URL obrázku /služby YouTube se automaticky vloží do vašeho příspěvku!
Tip: Zadejte znak @, abyste automaticky vyplnili jméno uživatele, který se účastní této diskuse.