Thread: Forex Trading Rules

Here is twenty guidelines that newbie and seasoned traders should adhere to:

1. Emotional control is at the heart of good trading.

2. Cut losses with the strictest discipline

3. Make good decisions and winning will take care of itself.

4. When you lose, don't lose the lesson!
5. When in doubt, get out.
6. Keep your risk/reward profile in check.
7. Avoid scheduled news.
8. Consider your account size for appropriate trading.
9. Get a charting program that allows you to build watch lists, sort stocks, and draw trend lines.
10. Scale out of winning positions as they work for you.
11. Don't dig yourself into a hole early in the day or in your career.
12. Trade with a blend of anticipation and confirmation.
13. Evaluate your results at least monthly.
14. Finally (perhaps most important), always be patient.
15. Invest on the side that is winning
16. The objective of what we are after is not to buy low and to sell high, but to buy high and to sell higher, or to sell short low and to buy lower.
17. Capital is in two varieties: Mental and Real, and, of the two, the mental capital is the most important.
18. Markets can remain illogical far longer than you or I can remain solvent.
19. To trade/invest successfully, think like a fundamentalist; trade like a technician.
20. Grow Slowly But Strongly "Pip-Machine"

You keep these rules in mind and your well on the way to being a top Trader

Keith

Hi ironman2000 , what can you suggest to a person who is interested to try Forex? Where can he register as an affiliate???

Originally Posted by ironman2000

Here is twenty guidelines that newbie and seasoned traders should adhere to:

1. Emotional control is at the heart of good trading.

2. Cut losses with the strictest discipline

3. Make good decisions and winning will take care of itself.

4. When you lose, don't lose the lesson!
5. When in doubt, get out.
6. Keep your risk/reward profile in check.
7. Avoid scheduled news.
8. Consider your account size for appropriate trading.
9. Get a charting program that allows you to build watch lists, sort stocks, and draw trend lines.
10. Scale out of winning positions as they work for you.
11. Don't dig yourself into a hole early in the day or in your career.
12. Trade with a blend of anticipation and confirmation.
13. Evaluate your results at least monthly.
14. Finally (perhaps most important), always be patient.
15. Invest on the side that is winning
16. The objective of what we are after is not to buy low and to sell high, but to buy high and to sell higher, or to sell short low and to buy lower.
17. Capital is in two varieties: Mental and Real, and, of the two, the mental capital is the most important.
18. Markets can remain illogical far longer than you or I can remain solvent.
19. To trade/invest successfully, think like a fundamentalist; trade like a technician.
20. Grow Slowly But Strongly "Pip-Machine"

You keep these rules in mind and your well on the way to being a top Trader

Keith

Hello aupokies,

To answer your question "what can you suggest to a person who is interested to try Forex?"

In the coming days I shall publish here in CAP a complete "Guide for eToro Forex Affiliates" which will explain in detail all about the eToro Affiliate Program.

For your second question "Where can he register as an affiliate???" Any webmaster interested in joining the eToro Affiliate Program can go to our section here in CAP because we are a Sponsor Program and visit our informational page to veiw all the general facts and to be able to register to the eToro Affiliate Program from the link and its free to join also !!!

For more infomation about eToro Affiliate Program and our monthly promotions to help webmaster's convert their hard work pls add me to your list of friends on Skype = ironman20001 for a friendly chat in the coming days to talk about a tailor made commission plan will that will be best for you CPA or Revshare etc

have a wonderful weekend and look forward to hearing from you soon

Keith

Thanks for sharing a valuable suggestions. I have been looking the web for some initiatives as I am working in Forex trading from few months and I want some real suggestions which can help me to make my career in Forex.