This is the final part of 25 rules of trading discipline. I hope that you make use of these rules when making a trade in the Forex market. Forex can be profitable if you know how to control you emotional part and apply the correct strategy that you have tested. By the way, these rules do applyRead More
Tag: trading discipline
25 Rules of Trading Discipline – Part 4
Welcome back to part 4 of the 25 rules of trading discipline. We are going to talk about the next 5 rules that will teach you how to have a successful and profitable trading days. Rule #16 If you trade is not going anywhere in a given timeframe, it’s time to exit. This rule isRead More
25 Rules of Trading Discipline – Part 3
Welcome back to Part 3. If you have been following this series, I hope that you have learnt the benefit so far with the first 10 rules of trading discipline. The next 5 rules emphasizes more on losing trades. How you should learn to accept it and ways to avoid it. Rule #11 The first lossRead More
25 Rules of Trading Discipline – Part 2
Welcome back for Part 2 of our rules on trading discipline. So, what do you think of the first 5 rules in Part 1? These are simple rules to follow but it depends on how well we follow them. I should say that once a while, we may forget what we need to do and thatRead More
25 Rules of Trading Discipline – Part 1
Whenever we are involved in Forex trading, emotion will always interfere with our trading decision. I am talking about fear to lose and greed to win. Everyone of us has gone through this phase and it is very difficult to control when there is no trading plan or strategy to assist us. And this usuallyRead More