What Are Your Golden Rules?
Treeny
Členom od Feb 08, 2019
135 príspevkov
Mar 18 2019 at 06:47
Abderrahmane1992 posted:Teejy88 posted:
My one and only rule! Risk management, manage your risk and you will not fail.
I second that. Risk understanding is critical to trading. Without that even a good trader will lose all their money
I third it
LeBuffon
Členom od Mar 18, 2019
11 príspevkov
Mar 18 2019 at 15:12
Treeny posted:Abderrahmane1992 posted:Teejy88 posted:
My one and only rule! Risk management, manage your risk and you will not fail.
I second that. Risk understanding is critical to trading. Without that even a good trader will lose all their money
I third it
Why will risk management stop you failing? Does this mean even if I randomly enter trades I will still be able to profit if I use risk management?
Atchris
Členom od Mar 20, 2019
10 príspevkov
Mar 24 2019 at 07:06
1. test fresh strategies on demo
2. trade with stop loss
3.never follow the crowd blindly.
2. trade with stop loss
3.never follow the crowd blindly.
tracydavison
Členom od Feb 11, 2019
34 príspevkov
Mar 24 2019 at 07:21
great thread. I am a newbie so will be following this with interest
Fxekspert eu
(FMovingAverage)
Členom od Jul 12, 2018
24 príspevkov
Apr 04 2019 at 12:14
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.
Mohammadi
Členom od Aug 11, 2017
825 príspevkov
Apr 09 2019 at 10:33
Successful trading is depend on most powerful analyzing trade knowledge , on the other hand , despite of good trading knowledge that’s not possible at all to lead a successful trading life at all if you don’t have a reliable support from a credible trading broker , because the broker can affects the result of our trading with certainly.
Infinox2019
Členom od Feb 26, 2019
1 príspevkov
Apr 16 2019 at 05:45
1) Select a credible regulated broker - preferably UK based with FCA regulation.
2) Risk Management! - risk management! - risk management! - is the key to success.
2) Risk Management! - risk management! - risk management! - is the key to success.
robert.davila1@
Wreeves
Členom od Apr 03, 2019
11 príspevkov
Apr 16 2019 at 11:10
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
2- Proper risk management
3- Test new strategies for 1month and if fails then move on to the next one
nick3232
Členom od Jan 03, 2018
156 príspevkov
Apr 16 2019 at 13:42
always using very sound trading systems or eas
low risk
never getting greedy
low risk
never getting greedy
nick123427@