Advertisement
What Are Your Golden Rules?
會員從Feb 10, 2019開始
52帖子
Apr 23, 2019 at 08:11
Atchris posted:
1. test fresh strategies on demo
2. trade with stop loss
3.never follow the crowd blindly.
Good rules these
會員從Feb 10, 2019開始
52帖子
Apr 23, 2019 at 08:12
FMovingAverage posted:Atchris posted:
1. test fresh strategies on demo
2. trade with stop loss
3.never follow the crowd blindly.
The last point is so important! So many (beginners especially) want to know every little detail of other people's successful trades.
Exactly!!!!
會員從Feb 10, 2019開始
52帖子
Apr 23, 2019 at 08:12
Wreeves posted:
1 - Don't revenge trade.
2- Proper risk management
3- Test new strategies for 1month and if fails then move on to the next one
Great rules here also!!!
會員從Apr 06, 2018開始
242帖子
Apr 24, 2019 at 06:55
ScottyCarsonMVP posted:Wreeves posted:
1 - Don't revenge trade.
2- Proper risk management
3- Test new strategies for 1month and if fails then move on to the next one
Great rules here also!!!
I agree with point1 & 2 but 1 month is very short period to reject a strategy if strategy is profitable over long period(say 10years) of backtesting.
The market will trade through it’s path of least resistance .
會員從Apr 23, 2019開始
6帖子
Apr 24, 2019 at 07:06
My number one golden rule is Money Management. Never bet more than what I can afford to lose.
會員從Apr 09, 2019開始
13帖子
Apr 25, 2019 at 10:00
Dont be greedy, take loss when needed
Slow but Profiting
會員從Feb 10, 2019開始
52帖子
Apr 28, 2019 at 11:13
LongVision posted:ScottyCarsonMVP posted:Wreeves posted:
1 - Don't revenge trade.
2- Proper risk management
3- Test new strategies for 1month and if fails then move on to the next one
Great rules here also!!!
I agree with point1 & 2 but 1 month is very short period to reject a strategy if strategy is profitable over long period(say 10years) of backtesting.
What timescale what you recommend instead? Or can this not be answered?
會員從Feb 10, 2019開始
52帖子
Apr 28, 2019 at 11:13
wolfmancreek posted:
My number one golden rule is Money Management. Never bet more than what I can afford to lose.
Classic rule!
會員從Feb 10, 2019開始
52帖子
Apr 28, 2019 at 11:13
Hedgefunderpro posted:
Dont be greedy, take loss when needed
Thank you
會員從Apr 06, 2018開始
242帖子
May 01, 2019 at 08:12
ScottyCarsonMVP posted:LongVision posted:ScottyCarsonMVP posted:Wreeves posted:
1 - Don't revenge trade.
2- Proper risk management
3- Test new strategies for 1month and if fails then move on to the next one
Great rules here also!!!
I agree with point1 & 2 but 1 month is very short period to reject a strategy if strategy is profitable over long period(say 10years) of backtesting.
What timescale what you recommend instead? Or can this not be answered?
1 year with very low risk per trade(say 0.25%).
The market will trade through it’s path of least resistance .
May 23, 2019 at 04:31
The Golden Rule is the principle of treating others as one's self would wish to be treated. It is a maxim that is found in many religions and cultures. The Golden Rule can be considered an ethic of reciprocity in some religions, although other religions treat it differently.
Aug 04, 2019 at 01:36
My rules for achieving a profitable trading voyage is the successful utilization of funds with the proper monitoring of risks. I won't simply put my funds at hazards any moment. Rather I prefer to wait for the time pattern to be well organized so that after proper analysis i can make the best decisions for my funds.
會員從Jan 05, 2016開始
1097帖子
Aug 04, 2019 at 04:16
ScottyCarsonMVP posted:
What timescale what you recommend instead? Or can this not be answered?
Multiple time frame analysis
If it looks too good to be true, it's probably a scam! Let the buyer beware.
會員從Aug 05, 2019開始
49帖子
Aug 16, 2019 at 07:48
Before trading, proper research should be undertaken which is hardly done. Investors generally go by the name of the company which is not the right way to put your money into the forex market. So, informed decision making is important.
Aug 16, 2019 at 09:30
Professional4X posted:ScottyCarsonMVP posted:
What timescale what you recommend instead? Or can this not be answered?
Multiple time frame analysis
For me that was the golden rule that really made a difference to my trading. All the other 'golden rules' are obvious but this one really changed my success rate
