For successful trade is a fundamental principle that must be held:
1. remember you trade this means you trade if you are trading berfikirlah with the mindset of a trader
2. Buy cheap then selling at diharga prices this high is the rule number one of the most required note
3. it doesn't matter if you play a stock, commodity, forex or you are a dealer, always apply the principles
4. Trading takes place 24 hours non stop start running from market Australia at about 04: 00 WIB Early days ago continued on opening Japan's market began at 07: 00 a.m. opening of the European market continued at 2: 30 pm in the afternoon and ending at market America that is open at 8: 30 P.M. evening and closed around 04: 30 WIB early days.
5. based on experience, or role as a trading session at the end result very influential US gains or losses. Overview outline flat walk on prices throughout the morning until the evening time the western part of Indonesia. New on the session of the European market usually starts squirming and formed and peak in the American market session.
6. on the American market sessions are a great opportunity to earn huge profits with short time as long as we can position themselves appropriately.
7. As we know approximately when will the existence of price movements in the extreme least we have frugality time and do not need a whole day watching the price movement on the screen of the monitor. Unless there is such a thing is used it is certainly not a problem for you.
8. Trade should follow the State of the ground that occurs at that time (Trend following). Too are at risk if we are trying to predict that will happen at the price of the bullish/bearish.
9. determine the entry can be done with or without the help of chart (chart). That is the basis of decision-making is the highest or lowest price range daily. Suppose the price moves at the time approaching the highest price on that day, the wait was usually the price move will keep trying to penetrate the highest price that day and if it's not able to breakdown is usually the price will go back down.
10. many people are just stuck on pemfokusan graphs, for example the line MA is cross or the like but actually at that time range price unsettled by ripe, of course it can be very risky. So it is very necessary for you to pay attention to the price range was formed.
11. Trading is not an exact science 1 + 1 = 2, so don't waste your money for courses that promise profit trading. If indeed the course could definitely guarantee your success as a trading why they are still busy open business courses is not it better manage their own trading?
12. Primary Key seringlah practice. Any readings or science you can get for free by googling or browsing the internet exchange ideas with fellow millis.
13. learn to patient, disciplined, consistent and most of all KEEP the SPIRIT
Posted in: Basic Principles Of Trading