Announcement

Collapse
No announcement yet.

Trading Do's and Don't's

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Trading Do's and Don't's

    Adapted from Sun Tzu & The Art of War For Traders. Print this out and stick it where you can see it everyday. The wall in front of your trading station or toilet is the best place!! Or make it into a small card and carry it with you everywhere and when you have nothing to do, like waiting in traffic, etc. read it. Enjoy.


    Trading Rules: Do's

    • Trade to Make Money - Not for Fun and Games

    • Concentrate in One Pit or Class

    • Learn Quirks of Other Traders and Brokers

    • When Initiating a Trade - always get the Edge
    Buy the Bid - Sell the Offer

    • When Liquidating a Bad Trade - give up the Edge
    Hit the Bid - Take the Offer

    • A Scratch Trade is a Winner

    • Make One Tick on a Million Trades
    Not a Million Ticks on One

    • Learn from Others Traders Mistakes

    • DISCIPLINE - DISCIPLINE - DISCIPLINE



    Trading Rules: Don'ts

    • Do Not be a Tradaholic

    • Never add to a Bad trade
    Once you have a Profit - Never let it Become a Loss

    • Don't be a One-Way Trader - Be Flexible

    • Never Leave the Pit - or Your Desk

    • Three Losing Trades in a Row Rule

    • NO HOPING - NO WISHING

    • NO PRAYING - NO OPINIONS

  • #2
    Do Not be a Tradaholic Do Not be a Tradaholic Do Not be a Tradaholic Do Not be a Tradaholic Do Not be a Tradaholic
    (repeat 100 times as a pray)

    Comment


    • #3
      hi,
      friends if you are interested to know about this fields so you may visit this website and may get lot of experience.
      thanks
      --------------------

      no link ! you've been warn!
      Last edited by Kardel Sharpeye; 01-03-11, 16:46.

      Comment


      • #4
        Forex is not a game (since someone think) it is a science...
        the loveliest, exciting and terrible science...

        you owe this one disposed to lose to be able to win and to live well with her...

        if you accept to lose sometimes you it accepts to win very often...
        it does not need courage for that, only the will...

        Comment


        • #5
          everyone can do trading but carefully because if trading have opportunity to growth it have also a huge risk to loss everything . before doing forex trading study current and previous market guys and go best of luck .

          cheers

          Comment


          • #6
            yes absolutely right forex is not a game we need to carefully do anything.

            cheers

            Comment


            • #7
              Hi, friends ..... If you can successfully make a forex trading system if you use Bill Williams'?

              Comment

              Top Active Users

              Collapse

              There are no top active users.
              Working...
              X