". Trading The Lines: Main Principle of Trading Stocks and Forex

Sunday, December 20, 2009

Main Principle of Trading Stocks and Forex


The principle that must have to survive in the stock and forex trading

  • Follow the trend
  • Do not speculate, discipline in your analysis and focus on your technical analysis or fundamental analysis.
  • Discipline in your trading plan
  • Never catch a falling knife, or your hands will bleed.
  • Catch flying balloons, because the balloon will take you fly to the sky.
  • Buy when prices have started to rise and has left the support area.
  • Selling when it began to fall and has left the area resistance.
  • Follow the power of big players movement.
  • Cut loss is a wise, than you lose more capital.
  • Triling stop the action to protect the profit that you can have.

1 comments:

benny on December 21, 2009 at 7:40 AM said...

Good blog. Drop by mine at http://alltradingideas.blogspot.com

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