Daily Routine You Must Follow, Before Trade, During Trade & After Trade.

[omor]

I think that this is a great post for us.We need to do this for all of our life time. I think that if any one can follow this rule then you can make a huge profit from there. That's why I think that every one have to need to do this.

[hardiron]

Great ! very impressive and informative thread. This will be very helpful advice for a newbie. Some more things are there that should be keep in mind and that are:- Follow money management rules, control the emotions and always do your own analysis.

[joker7diaa]

Generally i have same routine like you in my trading and i think many other traders also the same because those are basic preparation for all traders before entering the market everyday But still i think the most important thing is to make sure that we are in good condition phisicly and mentally.

[tawhid011]

great topic for beginners. You have the right and the good. I want to add costs to trade in your mind. and it is not always verified. After a trade to the success or failure of the brake. and read on the market every day.

[asingh601]

1.) Learn to always include the spread of whatever pair you are trading on in your stop-loss
2.) On your Chart mark out the time of release of all high impact news, on all currency pair that include the pair in which the news is to be released.
3.) If trading the lower time frames; ALWAYS EXIT ALL TRADE AT THE TIME OF RELEASE OF SUCH NEWS.
4.) Follow your trading rules strictly.
5.) During Candlestick formation; always join the trend either at a price higher or lower than the closing price of the current candle stick ''as the trend maybe''. Irrespective of whatever time frame you are on.
6.) Never take side during trading, you are here only to make profit so always trade in the direction of the current trend.
7.) Always go through your chart at the end of the day, the week and the month.

aapki jankari hamare (senior and junior) liye bahut hi useful hai hum ise puri tarah se sikhne ki koshish karenge aur apne daily routine me shamil karne ki bhi koshish karenge. accha mujhe sabhi se ek baat puchni thi ki news trading ke samay kaun si routine follow karni chahiye. kripya batane ka kasht karen.

[mahbubur]

i think setting stop loss and take profit even sometimes trailing stops all are important task for me .actually setting LS and TP is must in my view for a scalper otherwise a quick trend against that positing will take huge amount .i think we nee dot follow the rules and regulation and obviously the timing is needed for trading

[sony1]

great thread for newbie. you are right and you point is good. I want to add that before trading fresh your mind . and always control emotion. take a brake after a doing some failure or success trade. and read the market news daily. Every new trader should follow these tips before dealing in forex market.

[easy_mezoo]

I think the forex market every day under any circumstances do not repeat the same thing that you do every day before trading and you educate yourself first

[fxsupertrade]

I think 1 minutes and 5 minutes chart only good for scalping and it may observe but not good if we want to trade short or long but necessary for scalping. anyway its good you see the price action and do technical analysis before enter the trade.

[AHII10]

you gave nice information but there are some others points which we should keep in mind.we should start trading after getting right knowledge,traders should keep patience and never trade with greed, do your work happily.