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Rules of successful trading are first of all make your education and practice complete and after starting live trading you should follow all the necessary measures and rules, you should trade with proper and complete technical and fundamental analysis, money and risk management than you can have successful trade.
There are many rules for successful trading in Forex is in need of doing the tradings with good strategy so that if there is less movement in the market then you should be able to manage the money well.strictly follow rules.
The trader must make money using his intelligence. You should look for patterns in price movements to make accurate predictions. To be successful in this business, the investor must be fast and determined, insecurity does not take place in the way of good trading. Operations must be executed accurately in a matter of seconds.
well, of course bro, absolutely I personally believe that only golden rule of forex trading is trade in discipline and to have good knowledge then all comes later the system or strategy which ever is your method but the important thing is this to factor then comes broker and other all things
The more information that may benefit them a lot and will taken advantage of many new traders because it is a very important and essential for successful trade points, which has to be remembered that well at any time trading
je han dear friend ashi strategy sy he trading man profit milta hai or hum kamyab bhi Ho skty hin or strategy hum ko khod bnani chahye ta k bad man hum ko koi change bhi krni pady to hum kr skin zrori nhi jo hum strategy bnai wo 100% thek hoQuote:
Originally Posted by assi
there are so many rules introduced by many business minded people for a successful business but but to be fair with your business is most important. tangible and intangible services are also included. pricing and in time delivery area also required
rules of success in forex trading market trader don't trade one the tweezers tops and morning star candle and trader use stop loss for protection account to huge losses and trader clear the trend with graph and work with market with right way
sub say pahel rule hain k app ko trade ka knowldge to hona zarori hai us k bad app ka apney knowldge ka use chekc karna hai or tools ko nazar main rakh kar trade karna hai abi app ka loss ni ho ga jab inter ho gye market mai
Avoid overtrading
Overtrading is the single biggest malaise of most traders. A disciplined trader is always ready to trade light when the market turns choppy and even not trade if there are no trades on the horizon.
For example, I trade full steam only when I see a trending market and reduce my trading stakes when I am not confident of the expected move. I reduce my trade even more if the market is stuck in a choppy mode with very small swings.