When it comes to trading, it's often said that success is not just about having a winning strategy; it's equally, if not more, about mastering the psychological aspects of trading.
when i started trading , I struggled with this concept, and it led to blown accounts, financial losses, and a destruction my mental health. However, through perseverance, reading books...
To build your portfolio.
You need to learn to manage your risk.
And over the last 16+ years, I’ve given you maybe five ideas on how to do it.
Well, today I have 16 of the most essential Risk Management rules I could come up with in just one seating.
They might not all apply to you.
But most of them I believe will definitely resonate with you, your portfolio...
Hey traders,
Consistently profitable traders have a lot of things in common. Watching how they act and following their ideas & thoughts we can spot a lot of commonalities among them.
In this article, I have collected 8 trading habits that a trader should have to become successful.
1️⃣ - Continuous Learning 📚
The markets are infinitely deep in their...
Hi traders! Before we dive into the 25 trading rules that can lead you to success, let's take a moment to reflect on this three things that are key to successful trading:
First, there's " content. " This is all the information that traders use to make decisions, both from the market and from their own gut. It's really important to have access to reliable and...
Not seeing anything to trade right now, so I am just chilling, and posting stuff here. I am following 2 trading rules at once (do not overtrade & take breaks to relax).
The best exceptional individuals dump on the early pros and savvy investors that dump on the institutions that dump on the various funds that dump on the twitter shills that dump on the baggies...
These are the set in stone all mighty trading rules:
1- Preserve capital.
2- Preserve mental capital.
3- Build a bias.
4- Have systems to enter and (more importantly?) exit.
5- Find ideas to enter.
6- Choose your markets timeframes strategies.
7- And more.
I think these are all the ones. I'm sure being bad at some and amazing at...
1. Research your broker, how do they stack up – It’s all very well to choose a broker because the interface is simple or you like the functionality, but do you know how they stack up to others? Have you really done your research? Make sure your broker is well regulated and licenced, well reputed, and that the spread they offer is consistently tight.
2. Only set...
Top 5 Risk Management Rules:
1. Only Trade with Risk Capital
-Risk Capital is the amount of money you are willing to lose and do not include your living capital into your trading account!
2. 2% Risk Management
-The 2% Rule prohibits you from risking more than 2% of your account equity on each trade you are entering.
3. 6% Risk Management
-The 6% Rule prohibits...
Top 10 Trading Psychology Rules:
1. Plan the Trade & Trade the Plan
-Plan all the potential trades beforehand, and trade accordingly with your plans
2. Always be Disciplined
-Do not create excuses to break your own trading rules
3. Expect Losses
-Do not take a trade unless you are willing to accept the risk
4. Emotion Management
-Always analyze your trade...
![BTCUSD: What makes a good trader? How to trade? [Beginner & Advanced]](https://s3.tradingview.com/j/JPsovY52_mid.png "What makes a good trader? How to trade? [Beginner & Advanced]")
