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THIS IS MY RULES1. Use money you can afford to loss.2. Know your self.3. Start small.4. Don't over commit.5.Isolate your trading from your desire for profit.6.Don't form new opinions during trading hours.7. Take a trading break.8.Don't follow the crowd.9.Block out other opinions.10. When your not sure, stand aside.
@Chilwell, do you realize that you are responding to posts from 2018, not only in this thread, but also in other threads? If you keep this up, there's no doubt you'll earn a necro-bumping badge...
Excellent advice! By following these tips, a trader can set themselves up for success. Have confidence in yourself and your trading abilities.Know your worth and maintain a realistic perspective, Avoid reckless investments, never risk more than you can afford to lose.
Quote from: Angkoolart10 on June 25, 2018, 11:45:32 AMTHIS IS MY RULES1. Use money you can afford to loss.2. Know your self.3. Start small.4. Don't over commit.5.Isolate your trading from your desire for profit.6.Don't form new opinions during trading hours.7. Take a trading break.8.Don't follow the crowd.9.Block out other opinions.10. When your not sure, stand aside.Excellent advice! By following these tips, a trader can set themselves up for success. Have confidence in yourself and your trading abilities.Know your worth and maintain a realistic perspective, Avoid reckless investments, never risk more than you can afford to lose.
Quote from: Chilwell on December 02, 2024, 02:14:54 PMExcellent advice! By following these tips, a trader can set themselves up for success. Have confidence in yourself and your trading abilities.Know your worth and maintain a realistic perspective, Avoid reckless investments, never risk more than you can afford to lose.With all the rules he has set up, I think they are more of been an advise in my opinion, these are the things that guide you in trading but understanding how to trade should be the main criteria. If you can trade as a professional trader, you don't need to worry about any other things that he said because your beliefs in your trading view is enough to give you confidence.Imagine having all this rule and you don't understand how to set up proper trade, you don't understand how to risk management, you will forget all this rules the moment you fail to understand trading as the first criteria.