10 Golden Trading Rules
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All Comments (102)
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The above video will help new one to trade & earn money in forex.
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wow... this guy is for real :)
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Make sure you open a Dukascopy live account through FX Commission Rebates to get a 44% commission discount.
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@ecke70 Important point to keep in mind!
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Great advice here! Even better than my own video about this topic! Maybe you want to take a look at it as well?
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He's on the money!
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@tachyon7777 He was talking about trading small movements - like a day trader - trading on 1 point jumps in a stock, and settling for a 4% return every day, instead of going for a 50+% return, less frequently. Finding the "hidden gems" is fine, but most trades are found with technical analysis alone - which is rule #7.
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I've come to the same set of conclusions above from my own experience, except #5.
Along with the big moves that are visible, I am not sure why we can't look for the other hidden gems, if you will.
1. A game plan
2. Follow the game plan
3. Always trade with stop loss
4. Diversification
5. Filter your trade (capture the big moves)
6. Trade with the Trend so odds in your favor
7. Not listen to News. Real News = what the market is doing
8. Don't listen to your broker. conflict of interest
9. Money Management
10. Must have discipline in your trading
averageneo 2 years ago 86
Holy Damn.. HE said it... Wonderful... 5 stars.
affluence8 3 years ago 16