Follow the rules and Don't lose your money.

Jul 11, 2021 at 05:47
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19 Replies
会员从Mar 16, 2021开始   477帖子
Jul 14, 2021 at 16:53
Nice information, I have made a lot of knowledge of this information. So thank you.
会员从Apr 03, 2021开始   470帖子
Jul 14, 2021 at 23:45
Yes I think very important to follow the rules trading, sometimes the most mistake over trader is they lack in discipline, sometimes making a repeated mistake over and over again, trading forex is not short term business but because this for long term business, a a trader must treat trading as real business and not only like a game
会员从Mar 28, 2021开始   617帖子
Jul 15, 2021 at 06:40
Following rules is important. But before that we need to make effective rules. Rules that beneficial for trading. Rules that prevent you taking unnecessary trades.
会员从Sep 12, 2017开始   238帖子
Jul 15, 2021 at 11:55
i dont think there are any rules in trading. u either win or lose. you cannot always play safe
会员从Mar 17, 2021开始   536帖子
Jul 16, 2021 at 08:58
perryjohn765 posted:
i dont think there are any rules in trading. u either win or lose. you cannot always play safe
A good plan can save you from losing money.
会员从Mar 16, 2021开始   477帖子
Jul 17, 2021 at 00:27
FXOday posted:
Yes I think very important to follow the rules trading, sometimes the most mistake over trader is they lack in discipline, sometimes making a repeated mistake over and over again, trading forex is not short term business but because this for long term business, a a trader must treat trading as real business and not only like a game
Yes, of course, trading profit depends on discipline and plan. If these rules are not followed, nothing good can be expected from trading.
会员从Jul 19, 2020开始   788帖子
Jul 19, 2021 at 14:23
Discipline and plan need to be maintained. It is not possible to make a profit in trading if we do not follow the rules.
会员从Jul 19, 2020开始   788帖子
Jul 19, 2021 at 23:46
Rules need to be followed in any matter. If you don't follow the rules, the chances of loss increase. For example, Money Management, Risk Management, and Trading Strategy.
会员从Jul 19, 2020开始   788帖子
Jul 19, 2021 at 23:51
It is difficult to make a profit if it is not possible to combine the fundamentals with the technical. So every trader needs to do fundamental analysis.
会员从Apr 15, 2020开始   219帖子
Jul 20, 2021 at 04:28
Rules help you to protect your trade from sudden loses and thus should be always followed.
The more your practice, the more you learn.
会员从Mar 01, 2021开始   11帖子
Jul 23, 2021 at 11:38
Great tips which can really improve someone's trading results.
I would also add here psychological factor. Something like 'don't underrate psychology in trading'. I believe that psychological state should be delt separately from the other sides of trading, because it is something that one should pay much attention to.
会员从Mar 17, 2021开始   536帖子
Jul 23, 2021 at 12:30
AliaDare posted:
It is difficult to make a profit if it is not possible to combine the fundamentals with the technical. So every trader needs to do fundamental analysis.
Only proper planning can ensure the profit in this market.
会员从Mar 28, 2021开始   617帖子
Jul 24, 2021 at 10:22
@Keuschur Yes psychological factors are the most important things in forex trading. People get emotional attachments to theirs trades. That's why they can't close trade even though they it will not give profit.
会员从Sep 10, 2020开始   11帖子
Jul 27, 2021 at 18:46
Good tips for all the newbies in trading.
I believe that the most important tip wasn't pointed out like the other tips. I guess that the most important thing is to analyze your mistakes. That is the secret to all kinds of development: if you keep doing the same mistakes, you'll never suceed in what you are doing. That is why it is so important to analyze your own performance.
会员从Jun 15, 2021开始   16帖子
Jul 28, 2021 at 07:49
I completely agree with @AliaDare. Trading is all about following the rules, doing your research, making a study, building a plan/strategy, and executing it as per market situation .
会员从Jul 26, 2021开始   26帖子
Jul 28, 2021 at 10:36
Sometimes it happens that all the rules are met and all the conditions are met, but trading still does not make a profit. I believe that the point is which rules you have chosen, not the fact of their observance.
And if your rules don't work, then consider changing them.
会员从Sep 27, 2020开始   11帖子
Jul 31, 2021 at 14:43
Great tips for all the traders.
More often than not it is really easy to forget about everything and trade according to the emotions and gut-feeling. That is why it is of utmost importance to keep cold headed and sober whatever happens during trading session. The most important tip is trading plan because it eliminates lots of problems. If you plan your deals and know what to do, then you are safe from big losses and you will definetely win in the long run.
会员从May 27, 2021开始   64帖子
Jul 31, 2021 at 16:52
Vianni posted:
Great tips for all the traders.
More often than not it is really easy to forget about everything and trade according to the emotions and gut-feeling. That is why it is of utmost importance to keep cold headed and sober whatever happens during trading session. The most important tip is trading plan because it eliminates lots of problems. If you plan your deals and know what to do, then you are safe from big losses and you will definetely win in the long run.
Couldn't agree more on this buddy!
会员从Mar 28, 2021开始   617帖子
Aug 01, 2021 at 12:49
Unfortunately, most people do not have any specific rules. They take impulsive decision gor opening or closing a trade. That makes the trading more risky.
会员从Jul 19, 2020开始   751帖子
Aug 01, 2021 at 16:32
@Akasuki Yes you are right. Most people do not follow any rules. Warren Buffett said something like, if you can't write some reason why you are buying, don't buy it.
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