Traders 10th Commandment

jimmysandell
jimmysandell
Apr 01 at 13:13
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1 Replies
jimmysandell
jimmysandell
Member Since Apr 16, 2023   28 posts
Apr 01 at 13:13 (edited Apr 01 at 13:11)

Hi all here are the 10th commandment for forex traders


 


The 1st Commandment:Thou Shalt Always Protect Thy CapitalThe 2nd Commandment:Thou Shalt Always Trade With A PlanThe 3rd Commandment:Thou Shalt Learn Patience, Patience, PatienceThe 4th Commandment:Thou Shalt Scale In or Scale OutThe 5th Commandment:Thou Shalt Use Technical and Fundamental AnalysisThe 6th Commandment:Honor Thy Targets and Thy StopsThe 7th Commandment: Thou Shalt Keep a Written Trading JournalThe 8th Commandment:Thou Shalt Not Force TradesThe 9th Commandment:Thou Shalt Control Your EmotionsThe 10th Commandment:Thou Shalt Be a Disciplined Trader


Trade Safe

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blufxnet
blufxnet
Member Since Feb 08, 2025   51 posts
Apr 02 at 02:37

Yeah, it summarises pretty much everything. Next is having the strategy and emotional stability. I often find emotional stability comes when one is in a good state of rest. Don't trade when you're tired, unhappy, etc. Find your zone and trade there. 

My trades are available for social copying at IC Social. Find me on X @blufxnet.
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