Weekend Refresher(V): The secret to upgrade from rookies: quiet your trader mind & Stick with your strategy.
#OPINIONLEADER# #traderoftheweek# #TDSecurities# #EUR/GBP# #bankofengland# #XM#
The vast majority of thinking is detrimental to personal peace and profits in the market. The goal here is to unthink.
If you are going to implement a trading strategy based on a specific set of rules, then you should follow through with it.
****** Trading Philosophy ******
Step 1. Verify long, mid, and short term trends of what you want to trade
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Step 2. Determine your trading time frame and follow the respective trend
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Step 3. Decide left or right side entries which ever fits your own personality well, always bet with reasonable and confirmed technical signals, avoid hopes, guesses and fantasy.
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Step 4. Protective stop-loss order placed at the same time
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Step 5. Reasonable target according to your time frame and willing to change according to the changing market conditions
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Step 6. Never over-trade, including frequency, positions, and so on
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Happy trading and good luck!
Edited 15 Aug 2021, 22:12
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