Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

vladtitov151

10 Rules to Successfully Read Stock.

Recommended Posts

THE 10 COMMANDMENT FOR TRADING STOCK.

Rule No.1: Always Use a Trading Plan

Rule No.2: Treat Trading Like a Business

Rule No.3: Use Technology to Your Advantage

Rule No.4: Protect Your Trading Capital

Rule No.5: Become a Student of the Markets

Rule No.6: Risk Only What You Can Afford to Lose

Rule No.7: Develop a Trading Methodology Based on Facts

Rule No.8: Always Use a Stop Loss

Rule No.9: Know When to Stop Trading

Rule No.10: Keep Trading in Perspective

Understanding the importance of each or these trading rules, and how they work together, can help traders establish a viable trading business. Trading is hard work, and traders who have the discipline and patience to follow these rules can increase their odds of success in a very competitive arena.

Happy Trading Fellas

Share this post


Link to post
Share on other sites

Trading the stock market is by far one of the easiest ways to create serious wealth and is accessible to anyone no matter where you are in the world. When you learn to trade the stock market, you are able to directly benefit from massive amounts of money it makes available to you everyday.

Most people who are interested in learning how to become profitable traders need only spend a few minutes online before reading such phrases as "plan your trade; trade your plan" and "keep your losses to a minimum." For new traders, these tidbits of information can seem more like a distraction than any actionable advice. New traders often just want to know how to set up their charts so they can hurry up and make money.

To be successful in trading, however, one needs to understand the importance of and adhere to a set of rules that have guided all types of traders, with a variety of trading account sizes. Each rule alone is important, but when they work together the effects are strong. Trading with these rules can greatly increase the odds of succeeding in the markets.

Share this post


Link to post
Share on other sites

Thank you for such a brilliant write up. It was refreshing while i was reading. About the newbies, that is an obvious mistake they all make. I made that mistake myself and i paid heavily for it. Please, if you may, write something about the common mistakes newbies make. It will be helpful, we have quite a lot here.

Share this post


Link to post
Share on other sites
On 11.08.2016 at 10:15 AM, JoelDarr said:

I like the advice, however I don't really understand what you mean by number 10: trading in perspective. Could you clarify this a bit?

I guess he means always to trade because it's really profitably even if you suffer loses right now. 

Share this post


Link to post
Share on other sites
On 4/8/2016 at 9:02 AM, vladtitov151 said:

THE 10 COMMANDMENT FOR TRADING STOCK.

Rule No.1: Always Use a Trading Plan

Rule No.2: Treat Trading Like a Business

Rule No.3: Use Technology to Your Advantage

Rule No.4: Protect Your Trading Capital

Rule No.5: Become a Student of the Markets

Rule No.6: Risk Only What You Can Afford to Lose

Rule No.7: Develop a Trading Methodology Based on Facts

Rule No.8: Always Use a Stop Loss

Rule No.9: Know When to Stop Trading

Rule No.10: Keep Trading in Perspective

Understanding the importance of each or these trading rules, and how they work together, can help traders establish a viable trading business. Trading is hard work, and traders who have the discipline and patience to follow these rules can increase their odds of success in a very competitive arena.

Happy Trading Fellas

Relevant and accurate appreciation. Thanks for sharing.

Share this post


Link to post
Share on other sites

Stock trading is less risky than the forex trading but it has slow returns due to less liquidity. If you are a patient and long-term trader then stocks are the best option for you to trade in. Am I right in this regard? Stay blessed stock lovers!

Share this post


Link to post
Share on other sites
On 22/06/2018 at 2:30 PM, Donald said:

What do you mean by a journal? I'm not sure how I could make decisions off of pure numbers on a paper.

What I've learned so far that you really should have a record of what you've done on the market. Not necessary every position and detail, but the outcome, mindset and the triggers of your actions. This way you can examine your motivation behind following a plan or a gut feeling etc. This way you won't only have numbers, but the documentation of what was going on in your mind while you made a given trade.

Share this post


Link to post
Share on other sites
On 6/22/2018 at 3:35 PM, Eavoldisely said:

Stock trading is less risky than the forex trading but it has slow returns due to less liquidity. If you are a patient and long-term trader then stocks are the best option for you to trade in. Am I right in this regard? Stay blessed stock lovers!

I can agree with you on that one. Altho I'd recommend learning on fx, because you can see the outcome of your decisions faster. Also if you get used to a fast market, a slower one should be easier. But once live you can choose between the two of course.

Share this post


Link to post
Share on other sites
Top 10 Rules for Successful Trading
  • Always follow a trading plan.
  • Keep on learning.
  • Don't let your losses compound.
  • Master one strategy at a time.
  • Be emotionless.
  • Do not overtrade.
  • Prepare an exit strategy.
  • Never chase the market.
  • Be an informed trader
  • Do more, analyze less

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Similar Content

  • Topics

  • Posts

    • MNST Monster Beverage stock, top of range breakout above 60.45, from Stocks to Watch at https://stockconsultant.com/?MNST
    • ...hallucinates.... Student: “What if we gave the monkey LSD?” Guru: “The monkey already did LSD”
    • Question: To those that had/have cancer, what were the signs that made you think “something is not right here” to make you go see a doctor? Answer: So, 5/25/2018, I woke up, got ready for work, and as I walked to my car, I started gagging. Like something was stuck in my throat and I needed to clear it. And then it went away.   But 10 minutes after that, I was T-boned at 40mph on the driver side door. But what made me see a doctor was while my muscles felt better and bruises were going away, the gagging still continued, I started having fevers, my neck felt swollen, I was having such a hard time breathing, and I'd have random sharp pains in my chest, but not from where the seat belt saved me.   2 weeks after the accident, I finally see an urgent care doctor, who looks me over, tells me I'm fine, but luckily requests a neck X-ray. And I ask for a chest X-ray, which he rolls his eyes but let me have (most of my pain was in the neck, so I understand).   The very next day, he calls and says “So, that chest X-ray shows there's a 4 inch mass on your heart and lungs, and your lungs have been filling up with fluid, as well as in your pericardial (heart) wall. We need you to come in tomorrow.”   Turns out the big mass, due to the accident, caused my heart and lungs to tear and fill with fluid, the swollen neck and gagging was caused by 2 metastasized tumors, and the fevers and weight loss were symptoms. Stage 4b Hodgkin's Lymphoma.   But thankfully, we went very aggressive with chemo (and had a lot of bad side effects that don't normally happen to patients), and now I'm about 16 months cancer-free. Yay lucky X-rays! Rachel Jurina, Quora Source: https://www.quora.com/To-those-that-had-have-cancer-what-were-the-signs-that-made-you-think-something-is-not-right-here-to-make-you-go-see-a-doctor   Profits from free accurate cryptos signals: https://www.predictmag.com/  
    • As a man, the reality of life is the harshest part. I don’t mind looking older or becoming weaker over time; it’s nature.   Have you ever heard that the only people who will be loved unconditionally are women and children? Men will only be loved as long as they can provide until they are no longer needed. It doesn’t matter if you already did your best to get your kids to the best school or get the best things for them, if you stop before they’re done with it, there will be no thank you. The only thing they will remember is that they have to quit school at 15, ignoring all the previous 15 years of life you provided for them. The only people who will accept you, no matter what, are your parents. But in this situation, you might be that ungrateful child.   EDIT: Wow, I didn’t think this would get so much attention.   For those who disagree, I can only say that everyone has their problem. If you don’t get the chance to face such a thing, be grateful. Remember, sometimes what you throw in the garbage is something that someone wishes ever to have.” – ElZee, Quora   Profits from free accurate cryptos signals: https://www.predictmag.com/    
    • The good thing i had noticed so far is that the traderpot value is also on the rise..
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.