List of personal rules for trading that makes U successful

Discussion in 'Psychology' started by novice, Aug 27, 2009.

  1. According to me, knowledge and consistency is what helps you to take forward on the road of success in trading.
     
    #171     Mar 3, 2022
  2. Aero Dave

    Aero Dave

    A sound, systematic trading plan and believe in oneself are what make a trader successful.
     
    #172     Mar 7, 2022
  3. bidskis

    bidskis

    List of trading rules that has helped me quite a lot in my journey:

    1) Planning my trades ahead of time.
    2) Making risk management an unavoidable part of my trading.
    3) Maintaining a trading journal to reevaluate my trades.
    4) Being patient.
    5) Accepting my losses as a part of the game.
     
    #173     Mar 10, 2022
    gabriella likes this.
  4. Nice list! Would like to add one more - Managing fear and greed.
     
    #174     Mar 10, 2022
  5. deaddog

    deaddog

    How do you do that?
    Sounds easy but..............
     
    #175     Mar 10, 2022
  6. I'm not him but my approach is i question myself each rime before i pull the trigger if I am emotional right now when opening. If the answer is yes I abort. For exits I have predefined rules that always always always apply.
     
    #176     Mar 14, 2022
  7. buckram

    buckram

    Things that has helped me to become a profitable trader-

    1. Making a trading plan and strictly following it.
    2. Focusing more on risk management than on making big profits.
    3.Keeping my strategy simple.
     
    #177     Mar 15, 2022
    deaddog likes this.
  8. Gnomonn

    Gnomonn

    One thing that has proved helpful to me is that I try not to put a large percentage of my capital at risk. It isn’t the best way to go if you are looking for significant profits but it’s surely beneficial for beginners as preserving the capital allows traders to be in the game for a long time, which is a must if you want to hone your skills.
     
    #178     Mar 21, 2022
  9. Yes it is tough but I somehow manage to do it. Thanks to meditation.
     
    #179     Apr 5, 2022
  10. Cabin111

    Cabin111

    Do what they do...Only make money!!

    Who is the most disliked WWE wrestler?


    This ranking of the most hated wrestlers is based on character and fan reaction to that character, not on who they may be outside the ring.

    • Buddy Rogers. 8 of 10.
    • Nikolai Volkoff. 7 of 10. ...
    • Hollywood Hogan. 6 of 10. ...
    • Roddy Piper. 5 of 10. ...
    • Maurice 'Mad Dog' Vachon. 4 of 10. ...
    • CM Punk. 3 of 10. ...
    • Killer Kowalski. 2 of 10. ...
    • John Cena. 1 of 10. ...
    PS...I don't watch WWE.


     
    #180     Apr 5, 2022