• eur/usd 1.1862

    0.18

    BTC/usd 15.674.99

    8.60

    ETH/usd 674.99

    13.60

  • eur/usd 1.1862

    0.18

    BTC/usd 15.674.99

    8.60

    ETH/usd 674.99

    13.60

  • eur/usd 1.1862

    3.95

    BTC/usd 15.674.99

    4.78

    ETH/usd 674.99

    11.37

Top 30 Golden Rules Of Successful Traders

  1. Plan next day before you sleep
  2. Have your weekly watchlist in time before the trading week begins
  3. Follow your timetable religiously
  4. Always follow your analysis plan
  5. Treat your trading like a business
  6. Before you take your trade ask yourself if its quality or quantity.
  7. Consistency is twofold,  firstly following the normal daily routine and then  following our trade edge.
  8. There will always be another good trade, don’t chase, force trades or create something which is not there.
  9. Always do a daily review, weekly review and monthly review.
  10. Plan the trade and trade the plan.
  11. Don’t be addicted to random rewards
  12. You perception of risk must not be a function of the most recent 2/3 trades. Completely trade the sample size and then evaluate.
  13. Cut your loses and let your profits run.
  14. Never enter a trade with analysis and exit with emotions
  15. Have a journal and always update
  16. Accept your risk completely by accepting that you can lose money, being wrong, not being perfect, losing a good trade and believing that when you put a stop you can get stopped out.
  17. Don’t focus on the money, focus on the process.
  18. Patience and greed are key, delayed gratification.
  19. Never let a winner turn into a loser. Protect your profits.
  20. Successful trading is simply the art of accumulating more winners than stops.
  21. Logic wins, Impulse Kills. Trading Impulsively is simply gambling. Logic entails calibrated risk, timed entries, methodical approach.
  22. Trade the confirmed move its good to profit from 80% of a confirmed move.
  23. Never risk more than 2% of the account per trade.
  24. Being right but being early simply means that you are wrong. Trends can last far much longer than seem reasonable.
  25. Know the difference between scaling in and adding to a loser desperately hoping for a reversal.
  26. Never let emotion overwhelm the intellect. Trading is more psychologically possible.
  27. No excuses ever
  28. Risk can be predetermined but reward is unpredictable.
  29. Slowly is the fastest way to be where you want to be(Compounding interest)
  30. Make yourself available

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