My Golden rules.

[kamla]

good information....this all rules should be followed by newbies as well as expert trader...all rules concentrate on thing.that is discipline..and other is patience...
rule no 13 happened with most of traders...over confident kill our talent

[sanjeev]

फिर बहुत अच्छी पोस्ट और हर व्यापारी इन rules.Avoding लोभ और व्यापार में भय, धैर्य और descipline होने folow विदेशी मुद्रा में बहुत महत्वपूर्ण पहलू यह है कि हम का पालन किया है करने के लिए एक suucessful व्यापारी बन रहे हैं चाहिए

[chirayu]

hey very nice share buddy, good one, and also has a lot helpful information and statistic's, to me the appealaing point was this one "30. We begin to see that our lack of success is within us (a lack of
discipline in following the rules because of some kind of fear),"

[Jazpa]

Top 38 rules of trading

1. We accumulate information�buying books, going to seminars, and
researching.
2. We begin to trade with our �new� knowledge.
3. We consistently �donate� and then realize that we may need more
knowledge or information.
4. We accumulate more information.
5. We switch the commodities we are currently following.
6. We go back into the market and trade with our �updated� knowledge.
7. We get �beat up� again and begin to lose some of our confidence.
Fear starts setting in.
8. We start to listen to �outside news� and to other traders.
9. We go back into the market and continue to �donate.�
10. We switch commodities again.
11. We search for more information.
12. We go back into the market and start to see a little progress
13. We get �overconfident,� and the market humbles us.
14. We start to understand that trading successfully is going to take more
time and more knowledge than we anticipated.
Most people will give up at this point, as they realize work is involved.
15. We get serious and start concentrating on learning a �real�
methodology.
16. We trade our methodology with some success but realize that
something is missing.
17. We begin to understand the need for having rules to apply our
methodology.
18. We take a sabbatical from trading to develop and research our trading
rules.
19. We start trading again, this time with rules, and find some success,
but overall, we still hesitate when we execute.
20. We add, subtract, and modify rules as we see a need to be more
proficient with our rules.
21. We feel we are very close to crossing that threshold of successful
trading.
22. We start to take responsibility for our trading results as we understand
that our success is in us, not the methodology.
23. We continue to trade and become more proficient with our
methodology and our rules.
24. As we trade, we still have a tendency to violate our rules, and our
results are still erratic.
25. We know we are close.
26. We go back and research our rules.
27. We build the confidence in our rules and go back into the market and
trade.
28. Our trading results are getting better, but we are still hesitating in
executing our rules.
29. We now see the importance of following our rules as we see the
results of our trades when we don�t follow the rules.
30. We begin to see that our lack of success is within us (a lack of
discipline in following the rules because of some kind of fear),
and we begin to work on knowing ourselves better.
31. We continue to trade, and the market teaches us more and more about
ourselves.
32. We master our methodology and our trading rules.
33. We begin to consistently make money.
34. We get a little overconfident, and the market humbles us.
35. We continue to learn our lessons.
36. We stop thinking and allow our rules to trade for us (trading becomes
boring but successful), and our trading account continues to grow as
we increase our contract size.
37. We are making more money than we ever dreamed possible.
38. We go on with our lives and accomplish many of the goals we had
always dreamed of.

I really appreciate your rules my friend. I hope these rules are very useful for most of the beginners. You have emphasized what would be better for the perfect trades and I liked the way you did it. Next time when I will be going for the trade, I will surely remember you rules and see if they work.

[narendra]

bahut acha information hai yeh.log isse follow karege toh definitaly succes hoge....but bahut bada hi yeh toph kahi kum log isse follow kar payege

[vikas]

The list is too big to follow, anyway the content is quite good and useful for all the traders participating here.

[ketan]

Very informative thread specially for the newbies.It is very important to have a disciplined and patient approach towards the trade.One should always learn new things about this trade and also learn from his mistakes and perform better in future.Also one should aim at consistent profits and learn more with time and experience

[Ronak]

Very informative thread specially for the newbies.It is very important to have a disciplined and patient approach towards the trade.One should always learn new things about this trade and also learn from his mistakes and perform better in future.Also one should aim at consistent profits and learn more with time and experience.

good information....this all rules should be followed by newbies as well as expert trader...all rules concentrate on thing.that is discipline..and other is patience...
rule no 13 happened with most of traders...over confident kill our talent

[Victoryindia]

bahut acha information hai yeh.log isse follow karege toh definitaly succes hoge....but bahut bada hi yeh toph kahi kum log isse follow kar payege

[dmambi]

The list is too big to follow, anyway the content is quite good and useful for all the traders participating here. If one follows these steps honestly then it will make us the good trader.