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GOLDEN Rules of Profitable Trader's

InvestoFX (sharmun)
Jun 27 2021 at 10:39
1 комментариев
1.Focus on your Trading system.
2.you have to chouse one strategy.
3.you have to know where is your Exit point before placeing your Entry.
4.RISK & MONEY MANAGEMENT is the key to sucess in your trading journey.
5.RISK REWARD must be above 1:2 , IF you take 100$ risk in your total capital,you must have target your profit 200$ or above.
6.wait ,wait and wait unless come to a good entry point,if you miss this please avoid this entry wait for your nest Entry.
7.IF your entry is in profit please Break Even your trade when it comes 1:1
7.Don.t forget this rules.

INVEST YOUR MONEY SAFE AND PROFITABLE WAY
                (SHAH AFRIDI SHARMUN)

Invest your capital safe and secure way,
Tremblay
Jun 29 2021 at 06:52
330 комментариев
sharmun posted:
1.Focus on your Trading system.
2.you have to chouse one strategy.
3.you have to know where is your Exit point before placeing your Entry.
4.RISK & MONEY MANAGEMENT is the key to sucess in your trading journey.
5.RISK REWARD must be above 1:2 , IF you take 100$ risk in your total capital,you must have target your profit 200$ or above.
6.wait ,wait and wait unless come to a good entry point,if you miss this please avoid this entry wait for your nest Entry.
7.IF your entry is in profit please Break Even your trade when it comes 1:1
7.Don.t forget this rules.

INVEST YOUR MONEY SAFE AND PROFITABLE WAY
                (SHAH AFRIDI SHARMUN)

Very nice post. Everybody should follow this.
LukeRachel
Jun 30 2021 at 15:24
477 комментариев
That's great. You have found many important points. It is impossible to make a profit by maintaining these.
marindateal
Sep 06 2021 at 12:21
53 комментариев
These are some very useful points there man. I think you are right, people really need to focus on the entry and exit points. And I would like to add one more point to it, that never let the emotions take the driver’s seat, it is important for the traders to stick to their strategy.
BrokerChoice (ChanKaiTai)
Sep 07 2021 at 07:07
43 комментариев
In order to become a profitable trader, there is a very important reminder is to always to control your cost way before you think of profit. Slippage, spread, and swap are the most important things to consider.
Marcel Durham (MarcellusLux)
Sep 07 2021 at 10:45
150 комментариев
It is always best to look for possible entry and exit points in advance. There should be several of them for different market behavior options. You shouldn't try to use all of them, but have to be prepared for a change in the situation.
I disagree with the idea that profits should be fixed earlier. If there is a clear trading plan and strategy, then the most correct scenario is the complete achievement of goals. But of course, situations are different and you need to keep the plan.
hunter456
Sep 18 2021 at 23:26
4 комментариев
Breaking even at 1:1 is terrible advice. Every professional and experienced trader knows this.
notoriousfox1
Sep 20 2021 at 10:19
9 комментариев
hunter456 posted:
Breaking even at 1:1 is terrible advice. Every professional and experienced trader knows this.

Can you please explain why this is bad advice?
CraigMcG2020
Sep 22 2021 at 06:51
331 комментариев
sharmun posted:
1.Focus on your Trading system.
2.you have to chouse one strategy.
3.you have to know where is your Exit point before placeing your Entry.
4.RISK & MONEY MANAGEMENT is the key to sucess in your trading journey.
5.RISK REWARD must be above 1:2 , IF you take 100$ risk in your total capital,you must have target your profit 200$ or above.
6.wait ,wait and wait unless come to a good entry point,if you miss this please avoid this entry wait for your nest Entry.
7.IF your entry is in profit please Break Even your trade when it comes 1:1
7.Don.t forget this rules.

INVEST YOUR MONEY SAFE AND PROFITABLE WAY
                (SHAH AFRIDI SHARMUN)


These are solid basic rules for trading for sure. As long as you stick to the rules and you try them out for 100 trades see how it goes. Then adjust if needed
jonathandaniel
Sep 23 2021 at 07:55
53 комментариев
Surely the golden rules that everyone needs to follow! When a trader knows what they are doing, nothing seems difficult. They might not make any profits but their losses also come as lessons to them, which is the right mentality to trading forex.

owlkitten
Sep 23 2021 at 10:28
9 комментариев
Why must risk reward be above 1:2. Seems a bit arbitrary to me. What not use 1:1 or 1:0.5 and have a much higher win rate
karenpeters
Sep 24 2021 at 04:31
46 комментариев
Along with all these rules, a trader must also learn to control their emotions. If a trader would be able to control their greed and frustration during a trade, entering and exiting trades at the right time gets easier.
SteveHanks
Oct 06 2021 at 18:37
536 комментариев
karenpeters posted:
Along with all these rules, a trader must also learn to control their emotions. If a trader would be able to control their greed and frustration during a trade, entering and exiting trades at the right time gets easier.
You should control your emotion, greed and give 100% effort to become successful in this market.
Grimatio
Oct 06 2021 at 20:09
11 комментариев
There are lots of golden rules as far as I concerned. I just can point some of them. First one is always dedicate your time to learning and practicing. There is no trading activity without these twon things at all. If you don't learn and you don't practice, dont' expect that you will gain lots of money and experience. It's literally impossible. However, if you will dedicate this time, nobody will be compared to you. In addition, I would like to add here the rule never rushing. Rushing is the main mistake of all traders who came into trading for easy money. There is no easy money at all andd there is no easy money in life too.
davemack
Oct 08 2021 at 09:26
78 комментариев
Sometimes not doing anything can also be a part of the strategy. This is the most ignored yet important rule of trading. A good trader is the one who has the patience to sit and wait for the right opportunity, instead of acting upon every opportunity that comes their way.
hunter456
Oct 09 2021 at 16:47
4 комментариев
davemack posted:
Sometimes not doing anything can also be a part of the strategy. This is the most ignored yet important rule of trading. A good trader is the one who has the patience to sit and wait for the right opportunity, instead of acting upon every opportunity that comes their way.

EXACTLY
Connrad Dorsey (yefoledy)
Oct 09 2021 at 23:05
30 комментариев
So: I would like to add here the rule never rushing. Rushing is the main mistake of all traders who came into trading for easy money. There is no easy money at all andd there is no easy money in life too.....
croisssan
Oct 10 2021 at 08:22
939 комментариев
As for me, it is better to apply each rule to a specific trader. For whatever one may say, but the features of the work may be different.
LukeRachel
Oct 11 2021 at 02:03
477 комментариев
ChanKaiTai posted:
In order to become a profitable trader, there is a very important reminder is to always to control your cost way before you think of profit. Slippage, spread, and swap are the most important things to consider.
The activities of the broker must be monitored. But with that I have to do more research on the topics.
Seb King (sebking1986)
Oct 21 2021 at 10:24
405 комментариев
Number 6 is undervalued. ALWAYS let the trade come to you. Never go chasing it.
If you can't spot the liquidity then you are the liquidity.
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