Hong Kong
2020-07-13 12:11
In der IndustrieSome tips here1
Hello everyone. Here are some tips. I hope can help someone.
1. Read both the books by Mark Douglas which cover trading psychology BEFORE you read or do anything else. If you don’t, I’ll say I told you so when you hit a failure barrier and don’t know w
2. Stop loss policy - you MUST have one and practice, more practice and even more practice at sticking to it. It will not be easy but it is an essential discipline to profitable trading.
3. Trading plan / system. Again, you MUST have one! Then you must practice sticking to it. Do not try and second guess or trade against your indicators - wait until they give you a concise signal before acting on it.
4. TRADE WITH THE TREND. DO NOT trade against the hourly trend of the market unless you are VERY certain the market has turned. Check this by watching a long term moving average (say 80 SMA on 15 minute chart)
Have a good day ~
Gefällt 0
Leah Ludenyi
Broker
Aktueller Inhalt
In der Industrie
Event-A comment a day,Keep rewards worthy up to$27
In der Industrie
Nigeria Event Giveaway-Win₦5000 Mobilephone Credit
In der Industrie
Nigeria Event Giveaway-Win ₦2500 MobilePhoneCredit
In der Industrie
South Africa Event-Come&Win 240ZAR Phone Credit
In der Industrie
Nigeria Event-Discuss Forex&Win2500NGN PhoneCredit
In der Industrie
[Nigeria Event]Discuss&win 2500 Naira Phone Credit
Kategorie
Plattform
Ausstellung
IB
Rekrutierung
EA
In der Industrie
Markt
Index
Some tips here1
Hong Kong | 2020-07-13 12:11
Hello everyone. Here are some tips. I hope can help someone.
1. Read both the books by Mark Douglas which cover trading psychology BEFORE you read or do anything else. If you don’t, I’ll say I told you so when you hit a failure barrier and don’t know w
2. Stop loss policy - you MUST have one and practice, more practice and even more practice at sticking to it. It will not be easy but it is an essential discipline to profitable trading.
3. Trading plan / system. Again, you MUST have one! Then you must practice sticking to it. Do not try and second guess or trade against your indicators - wait until they give you a concise signal before acting on it.
4. TRADE WITH THE TREND. DO NOT trade against the hourly trend of the market unless you are VERY certain the market has turned. Check this by watching a long term moving average (say 80 SMA on 15 minute chart)
Have a good day ~
Gefällt 0
Ich möchte auch kommentieren
Einreichen
0Kommentare
Es gibt noch keinen Kommentar. Mach den ersten
Einreichen
Es gibt noch keinen Kommentar. Mach den ersten