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The trading rules of my life

1. Cut losses
Protecting your capital is your primary job as a trader. Making money comes second. Embrace trading losses. That means accepting a loss the moment the market invalidates your trade idea. If you make the mistake of hoping for the market to turn around in your favor, you’ve already lost. The best way to embrace trading losses is to have a plan. Combine that with small bets and you’ll be light-years ahead of other Forex traders.
2. Ride Winners

Trading isn’t about having a win rate o…
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Brent oil

U.S. Energy Secretary Rick Perrey said he believed that the US sanctions against Iran would be reinstated and that the decline in global oil supply would be compensated by the increase in Saudi Arabia and Russia's production. Russia's Energy Minister Aleksander Novak said that if OPEC members fail to agree on a 1 million barrel/day production increase, they will increase oil production by 200,000 barrels/day in the second half of the year, while Russian oil companies will increase their producti…
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GBPusd overview

According to the data released in the UK in May, retail sales data was 1.3 percent on a monthly basis and 3.9 percent on an annual basis, while non-fuel Core retail sales were 1.3 percent on a monthly basis and 4.4 percent on a monthly basis. On brexit, the House of Commons, the lower wing of Parliament, rejected the changes made by the House of Lords in the Brexit bill. The rejected changes included those that would lead the country to remain in the European Economic Zone and Customs Union. The…
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EURusd overview

Industrial production in Germany today, despite expectations of 0.3 percent, while the country's trade balance remained below expectations of -1.0 percent, 19 billion 400 million excess gave. Negative data from both Germany and France in the last 2 days has created sales pressure on euro assets despite positive statements by ECB officials on the bond buying program. On the other hand, the rally in the bond interest rates in Italy has supported the drawback seen today by the parity side. On the o…
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First post

Hello world
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alincik avatar
alincik 23 Oct.

Hello!

olchik0012 avatar
olchik0012 24 Oct.

привет)))

geula4x avatar
geula4x 24 Oct.

Hello Yuriy :-)

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