Rules of Successful Trading.

[badrita]

All of these rules are very helpful and good traders always use good strategies to trade on the forex market. Market indicators also help generate profits in the trading market. Market trend line graphs also help to find out which market trends will go up or down. So a trader can apply these things in his trade and make a good profit. and I don't agree with the points that you explained to the six, who don't follow the same strategy every time, I think if we change our trading strategies it means we are not people who are consistent with the system, the best thing is to choose one trading strategy and study fully and know the weaknesses and strengths.

[karwa]

yes i agree with you. Being successful is not an easy matter. If you want to become a better trader. You must practice day & day. practice with confidence, accurate at all times, responsibility for your actions, discipline and courage and money management beliefs and the final focus on making money smartly and there are many good rules for successful forex trading. one good rule is that we should not trade in this market if our analysis is not strong in the market and if we cannot make good decisions to make good money in this market.

[ysaid0878]

follow the trend as the trend is the friend
follow the resistance and support area
follow money management

[ntn]

Yes boss aap ki baat theek h aur mien aap sy itfaq karta hun k forex aik bhoot hi acha kaam h aur ham ko as mien zaror kaam karna hota h agar ham as mien acha kaam karte hien tu ham as mien kamaee ker sakte hien as lyee ham ko as mien forex ko acha samjh kar as mien acha kaam karna hota aur ham ko as mien khud k lyee kuch na kuch kamaee karna hota hai or ham ko rules ko follow karna hota hai.

[adafx]

principles of trade together correctly, after we can easily use certain self-control and also a mindset about resilience in people, without endurance and also self-control in buying and selling, each of the strategies used by individuals, it it will be worthless and I think profitable trading in forex needs to trade with a great strategy with the intention that if there is a slight development in the business then you must have the ability to manage cash well and you might also get large cash from the business sector.

[aswat]

in my experience so far, to be successful in forex trading, you must have mental strength, because so far in the learning process, I have experienced many difficulties and even failures. Therefore, we must have mental strength, so that when we experience difficulties or even failures, we will not give up, and we will continue to learn. because all the difficulties and failures are also part of the good, in our learning process.

[zahid2016]

ye sabi rules boht hi perfect hain mare khayal se hum sab ko ye rules waqi ma follow karne chiye or hum Forex main achi tara se rules ko follow karte hue successful ho skte hian ye boht lazmi hai hamare liye ke hum shai tara se perfect way se rules ko follow karain or successful ho jayen Forex ki market main.

[mehro]

There are some basic principles and rules that will make you successful trading regardless of what you trade. These are interchangeable for stock traders, option traders, future traders, and even forex traders. It doesn’t matter what you trade, it’s how you trade that makes you successful or not!
Rule 1: Follow Your Written Trading Plan.
If you didn’t guess that this was the first rule then you haven’t been reading my blog long enough. This is the #1 reason why traders fail. It is human nature to want to vary or break rules and it takes discipline to continue to act in accordance with the established rules.
Rule 2: Keep Learning On A Daily Basis.
The markets are changing every single day and the strategies that you may have used 5 years ago might not work now. You need to continue to educate yourself on a daily basis.
Rule 3: Don’t Let Losses Compound.
Per your trading plan you should already know when and where you will cut your losses. Whether it’s a technical failure or percentage move doesn’t matter as long as you have something in place to mitigate risk.
Some traders have an even lower tolerance for loss than you might have which is fine. The key point here is to have set points (stop loss) within the limits of your tolerance for loss.
Rule 4: Never Set A Price Target.
Hear me out on this. Don’t set a price target and automatically get out of good trades. If you are long a Call and the stock hits your “target” don’t just automatically exit! Let profits run wild. Place a trailing stop loss order and see how high it can go from there after locking in gains.
Realistically, I can never pick tops and neither can you so why exit? Never feel a stock has risen too high too quickly (or fallen too low too quickly either).
Rule 5: Master One Strategy At A Time.
Never jump from one trading style to another. Master one style and strategy first rather than becoming average at several. Focus and work hard to completely understand every angle, abnormality, risk, reward of say Credit Spreads and then move on to Iron Condors.

[ij999]

Ap ki baat theak hai k forex market mai successful trader key trading rules hotey hai. jin ko follow kr key ak trader market mai trade krta hai. Trader rules ko follow krey gy tou wo market mai kamyabi hasil krey gy. Forex market mai kamyabi key lye trading rules ko follow krna bohat zaroori hai.

[egy]

If you want to earn successful trading then you should learn trading skills by working on it if you have all trading skills then you can earn money much and also you can earn money online so just try to get trading skills if you want to earn money.