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Successful Trading Rules
Miembro desde Jul 19, 2020
posts 283
Miembro desde Aug 30, 2017
posts 1
Jan 12, 2021 at 17:40
Miembro desde Oct 01, 2009
posts 224
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.
Jan 29, 2021 at 10:20
Miembro desde Dec 31, 2020
posts 15
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,
Jan 31, 2021 at 11:22
Miembro desde Oct 01, 2009
posts 224
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.
Miembro desde Nov 03, 2020
posts 63
Feb 02, 2021 at 11:34
Miembro desde Nov 19, 2020
posts 96
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.
Miembro desde Aug 27, 2017
posts 875
Miembro desde Jul 20, 2020
posts 286
Miembro desde Dec 01, 2020
posts 16
Feb 12, 2021 at 07:51
Miembro desde Nov 19, 2020
posts 96
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?
Miembro desde Mar 17, 2021
posts 494

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