5 Unbreakable trading rules for traders!

**Zachary Davis** · 11-05-2016, 02:25 PM

Really, all of trader’s dream of making huge amount of money from this financial market, but only professional Forex traders can do so! The general rules of trading are so much long, you have to follow 5 rules obviously and they are:

1) Trade with the trend: It’s called, trend is your friend. Trading against the market trend is always dangerous. Because, most of the time, market left it’s additional trend without showing any conformation or notice. So, you should stay with market trend, it’s much reliable.

2) Don’t use aggressive lot size: Maximum low skilled Forex traders try to make here quick money! They use higher trading lot willingly! But, it’s not proper way of trading! If you wanna trade here like a pro trader, then use only low trading lot size!

3) Use Fundamental data: You can’t rely on only indicator based trading strategy or system. Obviously, you have to know fundamental events of Forex very deeply. Professional Forex trader uses both kind of trading analysis, so you also have to absorb this method of trading.

4) Don’t close your running trades too earlier: In order to my research, I see a number of Forex traders close their good trades very quickly. On the other hand, they hold their losing trades for many days even for weeks!

5) Never use others trading strategy or system: In online you can get so many offers of profitable trading strategy or system. Never believe them! Please note that point, “You have to build up your own trading skill, for being a successful Forex trader here”.

**Jillur Rahman** · 11-05-2016, 02:42 PM

Thank you very much for this amazing post! Actually, I am a new Forex trader, so I appreciate your guideline! But as a new Forex trader, it’s really very hard job for me, to understand the real meaning of Forex news’s! Because, sometimes I see positive news result but negative market movements! Whatever, I think I need to learn more for digging the real meaning of Forex news!

**Ricard Dorman** · 11-05-2016, 02:51 PM

Originally Posted by Zachary Davis

Really, all of trader’s dream of making huge amount of money from this financial market, but only professional Forex traders can do so! The general rules of trading are so much long, you have to follow 5 rules obviously and they are:

1) Trade with the trend: It’s called, trend is your friend. Trading against the market trend is always dangerous. Because, most of the time, market left it’s additional trend without showing any conformation or notice. So, you should stay with market trend, it’s much reliable.

2) Don’t use aggressive lot size: Maximum low skilled Forex traders try to make here quick money! They use higher trading lot willingly! But, it’s not proper way of trading! If you wanna trade here like a pro trader, then use only low trading lot size!

3) Use Fundamental data: You can’t rely on only indicator based trading strategy or system. Obviously, you have to know fundamental events of Forex very deeply. Professional Forex trader uses both kind of trading analysis, so you also have to absorb this method of trading.

4) Don’t close your running trades too earlier: In order to my research, I see a number of Forex traders close their good trades very quickly. On the other hand, they hold their losing trades for many days even for weeks!

5) Never use others trading strategy or system: In online you can get so many offers of profitable trading strategy or system. Never believe them! Please note that point, “You have to build up your own trading skill, for being a successful Forex trader here”.

Well, very 5 useful points you mentioned into your thread. But, I want to add another good point……

Always use atop loss trading tool: Stop Loss trading tool is the most useful way of capital safety! If you avoid stop loss trading tool then you can crash your full balance at any time! Without SL, Forex trading is very risky! But which traders use stop loss trading tool, the can enjoy their trading life!

**tahiri** · 01-24-2017, 09:37 PM

the whole trading rules mentioned above are very usefull to know as traders, in this business a trader need to learn basic trading concepts to know exactely how he can deal with this market, he should know how to make his market analysis and be aware of fundamental events to trade properly this market, the money management is a knowledge should a trader master to get good results.

**Marcus Reilly** · 04-06-2017, 03:53 PM

I have a checklist for my live trading, and when I get all of green signal from every single point only then I open my new trade position! Yes, I can’t open so many entry points in my trading because of my complicated filtered method, but now I can use healthy trading lot size so confidently since I have higher accuracy! In addition , I am very much happy on my live performance.

**Andre Silva** · 05-07-2017, 06:51 PM

I got your 5 points, but I am also interested to use reversal patterns of market! Actually, personal trading strategy gives me both kind of entry point! As a result, now I am earning more than 50% in every month! In addition, I don’t close any trade position manually! In my live account, I always wait for the result either it’s TP or SL, I don’t care actually!

**FXOpen Trader** · 08-31-2022, 07:05 PM

Originally Posted by Andre Silva

I got your 5 points, but I am also interested to use reversal patterns of market! Actually, personal trading strategy gives me both kind of entry point! As a result, now I am earning more than 50% in every month! In addition, I don’t close any trade position manually! In my live account, I always wait for the result either it’s TP or SL, I don’t care actually!

We will need to use a controlled trading based systems.