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In trading everyone should have some rules
Участник с Jan 29, 2020
22 комментариев
Nov 12, 2021 at 11:23
Участник с Jan 29, 2020
22 комментариев
I got used to think that there are two main categories of rules: those rules which are general for everybody and those rules which are individual. For example, if we speak about general rules then they sound like: keep patience, never rush, think wise and learn properly. As for invdidual rules, then traders either have them or not. Everybo decides by himsel/fherself whether you create a special system of rules or not. I ted to suppose that traders must create these rules, so for me, they are: never think that you can cheat on the market, never touch high leverages and work properly on your strategy. You can also ue my rules if it adds confidence to you.
Участник с Oct 29, 2021
69 комментариев
Nov 15, 2021 at 07:41
Участник с Oct 29, 2021
69 комментариев
Having rules in your trading is essential for your success. It will help you to focus on what is important, and it will show you which trades are the best ones to take. You can also monitor your progress better when you have rules that you follow.
Участник с Jul 26, 2021
26 комментариев
Nov 16, 2021 at 13:10
Участник с Jul 26, 2021
26 комментариев
The rules can be individual and also fundamental. The algorithm that allows the trader to get the maximum profit from each transaction is correct only for the current market. Be flexible and work with your set of rules, because what works now may not work tomorrow.
Участник с Aug 05, 2021
394 комментариев
Nov 16, 2021 at 14:47
Участник с Aug 05, 2021
394 комментариев
Agreed. My biggest rules concern risk management, especially with how much I'm willing to risk on each trade. Guess I play things more on the safer side and it makes me feel a lot better knowing that there's a safety net. It's never a good idea to just go out there winging it.
Участник с Jun 19, 2020
38 комментариев
Nov 24, 2021 at 06:00
Участник с Jun 19, 2020
38 комментариев
Rules are important to keep traders disciplined. When we set some rules and strictly follow them, it can save us from making some most obvious mistakes and helps us to remain consistent in following our trading plan.
Участник с Jul 20, 2020
385 комментариев
Nov 24, 2021 at 08:00
Участник с Jul 20, 2020
385 комментариев
Willowerno posted:
Rules are important to keep traders disciplined. When we set some rules and strictly follow them, it can save us from making some most obvious mistakes and helps us to remain consistent in following our trading plan.
I think thats what it does most is keeps us consistent in our entries our exits and risk management. keep variables to a minimum which is the key to success imo
Участник с May 27, 2021
56 комментариев
Nov 24, 2021 at 10:30
Участник с May 27, 2021
56 комментариев
Willowerno posted:
Rules are important to keep traders disciplined. When we set some rules and strictly follow them, it can save us from making some most obvious mistakes and helps us to remain consistent in following our trading plan.
I agree with you, if we will set some rules for ourselves it will definitely help us to be consistent and focused.
Участник с Mar 17, 2021
494 комментариев
Nov 24, 2021 at 19:59
Участник с Mar 17, 2021
494 комментариев
Willowerno posted:
Rules are important to keep traders disciplined. When we set some rules and strictly follow them, it can save us from making some most obvious mistakes and helps us to remain consistent in following our trading plan.
I agree with you.
Участник с Feb 20, 2021
77 комментариев
Dec 01, 2021 at 04:12
Участник с Feb 20, 2021
77 комментариев
Having rules in your trading system is a good idea because it means that you have a specific set of rules to follow during your trades. Following these rules will give you an edge over other traders who do not have rules.
Участник с Nov 23, 2021
24 комментариев
Dec 07, 2021 at 05:46
Участник с Nov 23, 2021
24 комментариев
Rules can be the difference between being successful at forex trading or not. Without rules, traders can quickly find themselves making poor decisions, which can lead to losses.
Участник с Mar 28, 2021
586 комментариев
Dec 08, 2021 at 05:13
Участник с Mar 28, 2021
586 комментариев
@traderjakelong Everyone has their own rules. Every successful traders may have different rules but they are common in one thing that's discipline.
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