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Successful Trading Rules
Miembro desde Jul 19, 2020
posts 318
Miembro desde Aug 30, 2017
posts 1
Jan 12, 2021 at 17:40
Miembro desde Oct 01, 2009
posts 242
CirillaCosta posted: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.
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.
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 16
CuongVC posted: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,
So the question should be now... What are working plans? or, Does my plan/strategy work?
Jan 31, 2021 at 11:22
Miembro desde Oct 01, 2009
posts 242
BrantleyC posted: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.CuongVC posted: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,
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.
Miembro desde Nov 03, 2020
posts 65
Feb 02, 2021 at 11:34
Miembro desde Nov 19, 2020
posts 104
AniLorak posted: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.
knowledge can be useless if there is no regular practice session , so we the traders first of all have to make sure regular practice.
Miembro desde Aug 27, 2017
posts 994
Miembro desde Jul 20, 2020
posts 298
Miembro desde Dec 01, 2020
posts 20
Feb 12, 2021 at 07:51
Miembro desde Nov 19, 2020
posts 104
leahmclaughlin posted:Do you prefer sticking to a single plan of action or frame multiple ones?
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.
Miembro desde Mar 17, 2021
posts 536
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