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Absolute useful knowledge/experience

Discussion in 'Beginners Bootcamp' started by Vlad.M, Dec 13, 2011.

  1. Vlad.M

    Vlad.M Recruit

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    Hello, everyone

    What would you say are the 3 most important advices you can give? The 3 most helpful/profitable overall.
     
  2. Pharaoh

    Pharaoh Colonel

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    Always us a hard stoploss. If you are worried that your broker will hunt it, put it another 50 pips out. Just make sure it's close enough that your account will survice if you are disconnected from their server and all your open trades hit their SL.
     
  3. jpadventure

    jpadventure Private

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    Create beneficial beliefs,
    Trade the trend,
    Understand cycles + multiple time frames.
     
  4. f-man

    f-man 4Xangels Representative

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    Correct Money Management is the most important factor for successful trading for me.
     
  5. flogger

    flogger Recruit

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    I agree. Starting small, steady and slow beats everything. [​IMG]
     

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