The 10 Principles Of Successful Trading by Solomon Chuama
In spite of the available resources to help traders trade successfully, a majority of traders still lose money. Here, we look at why that may be the case and how to rectify it.
To achieve trading success, you need to be conscious of the basic trading rules. Otherwise, it’s easy to lose focus. In today’s trading world, resources abound that hold the promise of helping traders make more money. You can find successful traders who pass on some of their knowledge to newbie traders. There are many systems that claim to provide winning trading signals. And let’s not forget the webinars, trading rooms, and social media sites that promise to help traders trade successfully. In spite of all these resources, the percentage of winners lies close to 10%. Does that suggest that traders do not possess the basic trading rules, or that their mindset is not developed to follow trading rules? In this article, I will examine the trading rules that I believe all traders should follow...