Rules of Successful Trading.

[kecik6422]

Hi,for me if you follow the money management rule,it is more than enough to became successful,always make sure yourargin are good to stand the floating,then you will become successful

[biyen]

One of the rules that you must do as a trader is using several indicators of your choice, and then trust them. Then your indicators will serve you well. No indicators or even a set of indicators will be right all the time. But you need to trust them Most indicators give a specific signal that is always true. If this is true, then why not wait for ideal signal to show up and have a more successful trading

[dinusarker001]

there are some rules in forex trade and this rules if we abide by , we can gain in forex trade .following the rules,1.Trade in the direction of the trend.2.Always use the stop loss for protecting the equity from huge losses.3.always we should the market watch.and if we see in forex so that we can success in forex trade.

[michel123]

Yes ...you are right .i agree with you.i think most of the trader does not know the appropriate knowledge of forex which is very important for a trader.First we should learn then we should trade.......

[BaHaaFxTr]

I want some explain here on the first rule but beside that i am full agree with you the newbies trader must no forex market is not a joke or a game and if u have to do something u must doing it right thank you

[Md. Mosharaf hossain]

I think that you have stated is really important. But along with this we have to trade with confidence with a emotion free mode. We should be based on the proper strategy. you have told that we should change our trading strategy, but I think if we get this our strategy is going well with the market and making us profited then it should be applicable. best of luck.

[Rak]

For getting success in the forex trading we have to follow some rules at the time of working in this. Below there are some rules of success:-

1. Don't trade on the tweezers tops and morning star candle.
2. Always use the stop loss for protecting the equity from huge losses.
3. Always use the trend lines in the graph.
4. Trade in the direction of the trend.
5. Mark the support level and resistance level in the graph.
6. Don't follow the same strategies every time.
7. Change the trading style along with the market.

I am new to Forex and the rules you have mentioned are very good and hope will be very useful in my future on forex. I think 2nd rule is the most useful and should not forget because it can save us to stay longer on Forex. after that 2nd rule is also very good and all the remaing are less importance I think.

[forex blaster]

Rules of Successful Trading.

For getting success in the forex trading we have to follow some rules at the time of working in this. Below there are some rules of success:-

1. Don't trade on the tweezers tops and morning star candle.
2. Always use the stop loss for protecting the equity from huge losses.
3. Always use the trend lines in the graph.
4. Trade in the direction of the trend.
5. Mark the support level and resistance level in the graph.
6. Don't follow the same strategies every time.
7. Change the trading style along with the market.

I prefer all of those rules are very helpful and important for every traders who are interested to make a profit in very short time.I always try to follow successful traders rules to gain in profit.

[ashwini]

use the daily timeframe chart and there u must follow the candlestick pattern . so you able to income easily. and must use the stoploss and takeprofit. must also follow the pivotpoints. use the money management on your order. so you survive the market . accept the loss. and find the way to control your loss.

[assi]

the 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 and you should get some good money from the market