15 rules for successful trading 1. trade only on the trend. 2 | FTSG

15 rules for successful trading

1. trade only on the trend.
2. Not to average losing positions.
3. Always put stops.
4. Keep a trading diary.
5. When trading look at the chart, and not be tied to the PNL (ROI).
6. Have a personal trading strategy and know your system entry points.
7. To trade with a comfortable amount for themselves. Not to trade on borrowed funds.
8. When making a losing deal, do not try to get back losses right away. 9.
9. Not to be guided by emotions. Do not fall into excitement. Do not think you are all-powerful. 10.
10. Rest from the market. As at series of profitable trades, as at unprofitable ones. 11.
11. don't be afraid of "shifting". If you see that a trade has gone not according to your scenario - there is nothing disgraceful in early closing of the transaction in loss.
12. Thinking against the crowd. Trying to understand the actions of the market maker.
13. Know the behavior of certain assets, look for fractals and cyclicality.
14. Not to trade during the flat.
15. To give up the desire to be in a position all the time. Sometimes it is much better to be out of the market.

Save not to lose