11 Rules of Successful trading ...!

[mirzamouj]

yes these 11 rules are very important for trading.discipline and beter planing is also very important.if we adopt these rules then we can get success in trading and earn huge profit.

[champy]

Always doing the tradings and opening the trades when you have the reason to open it is the excellent rule and most of the time this rule will give you lot of success and you will be happy in the market as well.

[safifx]

those rules are good but will we keep them. in forex you become successful alteast . tahats what i have learn when you practice and coz forex is a skill based activiy

[pipseekerfx]

Thank you dear friends, for valuable input. Yes we should follow the rules or trading management that we have made. It is one of the trading management that has always i alluded. And all that has been said there is true.

[siwigaliwa]

1) Always use stoploss , it will help you to cut your losses automatically.
2) Get of the trade once you reach the target.
3) Trade according to your strategy not with the signals and guesses .
4) Prevent from entering trade when price is at highest top and lowest low , wait for right entry point.
5) Never ignore the news. Before entering any position make sure there is no high impact news in opposite trend.
6) Never open the position if you have any doubt about trade.
7) Always check out the daily trend before starting trades .
8) Never do emotional trading. Control greed.
9) You just closed the trade with loss because direction was wrong. Dont get into new trade with opposite direction . Wait and track the chart . Dont think of getting you loss immediately back.You may loose more money.
10) Search for chart patterns like doubles , head n shoulders etc.
11) Try to learn new things daily.

Best forex trader be able to analyze the good of the market and also capable of planning long-or short-term and help to achieve great success from the market in the end , learning makes the trade to be the best.It also business of practicing ,without practicing in demo and then real trading account ,you will not have the real experience of Forex trading.Because a best trader means a perfect manager of capital management and right decision taker.

[win]

i think the main thing in the forex that every traders has to keep in mijnd to follow the good money managment and the risk managment skill that will help you to get rid of the margin call

[hassans]

1) Always use stoploss , it will help you to cut your losses automatically.
2) Get of the trade once you reach the target.
3) Trade according to your strategy not with the signals and guesses .
4) Prevent from entering trade when price is at highest top and lowest low , wait for right entry point.
5) Never ignore the news. Before entering any position make sure there is no high impact news in opposite trend.
6) Never open the position if you have any doubt about trade.
7) Always check out the daily trend before starting trades .
8) Never do emotional trading. Control greed.
9) You just closed the trade with loss because direction was wrong. Dont get into new trade with opposite direction . Wait and track the chart . Dont think of getting you loss immediately back.You may loose more money.
10) Search for chart patterns like doubles , head n shoulders etc.
11) Try to learn new things daily.

my dear friend mere khayal sayf forex main success honay k aap nay jo rules bataye hain wo bahut he best hain mager mere khayal say 1 cheez hai jis ki wajah say hum sara profit loss kar jatay hain wo hai greed jis ki wajah say loss ho jata hai

[dodewania]

i think what you have said is exactly correct but i am failing in some of steps told by you and i wanna improve myself more in trading before entering the market and i hope i will achieve that in near future and would be a professional trader

if we want to get success in forex business we need both quality education and patience . this is kind of business if we are not patience about our success we can not get anything from this business because it is risky business , we have to learn about forex trading first before start doing it. Education is the most important in forex trading,

[pc1]

Very true, to bring success to note is that the hard work is certainly the key to success in all areas of the business, but hard work in forex trading should also be balanced with the knowledge of the risk, so the hard work will not be in vain if cautious trading
Hello Every Body.

[rehman1176]

all of the given rules are very best for forex trading so every new trader should follow these rules otherwise you will not be good forex trader. so i also suggest you to pay attention to that psot.