10 Golden Rules for Successful Trading for Beginners. Article by Mohsin Jameel
Very often amateur traders come across well-meaning advice from expert traders like, “ keep your losses to a minimum ” “ trade as per your plan .” But, the problem with these bits of advice is that it doesn’t offer clear-cut actionable instructions. Worry not, here in this guide, i Mohsin Jameel offer you specific instructions, actionable tips that help you make money on your trades. 10 Must-Follow Rules of Trading Regardless of what you trade — stocks, commodities, forex or even digital currencies — these rules will help you attain success. Remember, trading rules are always the same. It’s not about what you trade; instead, it’s about how you trade that determines your success. Rule No. 1: Write a Trading Plan and Follow it religiously T he number one reason why most traders fail is not that they made poor decisions, but because they strayed away from their original plan. It is human nature to break the rules. Being a successful trader requires plent