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The most important Golden Rule of Trading

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Ovidiu Caslariu
7845
Ovidiu Caslariu  
  • 42%
    (21)
  • 26%
    (13)
  • 32%
    (16)
Total voters: 50
Simon Gniadkowski
Moderator
18018
Simon Gniadkowski  

None of the above.

 

Greed is bad,  regret is worse. 

Ovidiu Caslariu
7845
Ovidiu Caslariu  

Nice one said I must admit.

Ronnie Mansolillo
5566
Ronnie Mansolillo  
I can't choose one. Are important in the same way as others gold standards.
Dua Yong Rew
5454
Dua Yong Rew  
should be able to select multiple options.
Moses Olawale  Ajayi
2398
Moses Olawale Ajayi  

Never invest the money you can't avoid to lost in forext

That is the main important rule

Ovidiu Caslariu
7845
Ovidiu Caslariu  

I thought of multiple choices but than it wouldn't be the most important one.

Sergey Golubev
Moderator
95248
Sergey Golubev  

1. Learn the market

2. Start trading with a Demo Account

3. Choose a reliable broker firm with low spreads and low costs

4. Start by depositing a small amount

5. Always deal with Stop Loss

6. Do not trade a transaction with an unclear direction

7. Leverage is a very powerful tool for tradesman

8. Analyze the Market

9. Learn to accept the Forex Market is uncertain

10. Restrict your daily loss

Documentation on MQL5: Standard Constants, Enumerations and Structures / Environment State / Account Properties
Documentation on MQL5: Standard Constants, Enumerations and Structures / Environment State / Account Properties
  • www.mql5.com
Standard Constants, Enumerations and Structures / Environment State / Account Properties - Documentation on MQL5
Alain Verleyen
Moderator
31629
Alain Verleyen  
gbemitte:

Never invest the money you can't avoid to lost in forext

That is the main important rule

I second that, very important and not always easy to follow.
Ubzen
5394
Ubzen  
gbemitte: Never invest the money you can't avoid to lost in forext. That is the main important rule
Second That. No professional trader in the world would guarantee a certain level of draw-down. 100% draw-down is a reality for every trader. Everyone's playing the probabilities. Some traders have better profit/draw-down ratio (now) but nothings cast in stone. Someone looking for security should open a savings-account and not a trading account.
Dua Yong Rew
5454
Dua Yong Rew  
newdigital:

1. Learn the market

2. Start trading with a Demo Account

3. Choose a reliable broker firm with low spreads and low costs

4. Start by depositing a small amount

5. Always deal with Stop Loss

6. Do not trade a transaction with an unclear direction

7. Leverage is a very powerful tool for tradesman

8. Analyze the Market

9. Learn to accept the Forex Market is uncertain

10. Restrict your daily loss

No. 3 is hard
12
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