How to trade without losses? 7 golden rules

How to trade without losses? 7 golden rules

1) Trader Level - Beginner

2) Strategy type - Universal

3) Timeframe - 1s - 5m

4) Assets for trading - Any

How to trade without losses? No way. Losses in trading are inevitable. However, as in any other business. But with simple rules and discipline, you can significantly increase your profits! We'll talk about the rules in this article, but you will have to take care of the discipline yourself.

The good news is that there is no need to trade without losses at all. To make money, you need to be in the black. At the same time, a fairly large number of unprofitable trades is allowed. For example, on an asset with a yield of 80%, it is permissible to conclude 40 deals out of 100 in the negative ... and make money.

A natural question arises ... How to trade with profit?

Stick to a trading plan and strategy. We will never get tired of talking about it, because it is important. No plan and no system - no profit. There is a plan - there is a profit.

2. The more money in the account, the easier it is to trade. If you lose $ 10 when you have $ 1000 in your account, you will not be too upset and will continue to act as planned. And if the account had only $ 50, it can unsettle and lead to errors and loss of the entire deposit. Not to mention the fact that in the first case there are 100 attempts to rectify the situation, and in the second - only 4. Simple arithmetic.

3. As an addition to the previous point, you need to follow the money management rules, at least the most important ones:

the amount of one transaction does not exceed 2-5% of the amount on the account

the amount of simultaneous transactions does not exceed 10% of the amount on the account

4. Determine the maximum losses for the day. For example, 15% of the capital. As soon as you reach the limit, stop trading, no matter how “tasty” the market situation seems. Even if the deal of the century lies ahead! Such premonitions are a mirage.

5. Carefully analyze the market before and after the trade. And in the case of both profit and loss: it is important to understand how to repeat success and how to avoid repeating mistakes.

6. Control yourself. A strong emotional background, positive or negative, interferes with trading. Joy, sadness, irritation, fatigue lead to mistakes. If they arise in the course of trading, stop. If before the start, don't even start.

7. Learn, learn and learn again! The market changes every day, it can and should be studied. Not to mention, there are a huge number of candlestick patterns, signals, tactics and strategies that can significantly improve your results. If your account status is VIP, do not hesitate to contact your personal manager. He is a seasoned pro who will analyze your trading and make personalized recommendations.

Let's reveal a secret: few people make huge profits from the first day of trading. In our experience, those who follow the above guidelines succeed. Do the same!