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Golden Rules for Traders by Rocket Bomb

By RocketBomb
Hi, my dear friends!๐Ÿ’‹ Let's talk about Perfect trade. Are they exist?๐Ÿง

The โ€œperfect tradeโ€ is what every trader strives for. But in order to be able to make "perfect deals", you need to remember some rules before entering each of them.

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First rule: ๐Ÿ”ฅRealistic expectations๐Ÿ”ฅ - Sorry, but not every trade will be profitable. REMEMBER That !!!
The first step to a perfect trade is to accept and deal with losses, this will help you get a clear mind for the next trade, which may bring you a profit.

Second rule ๐Ÿ”ฅManaging Your risk๐Ÿ”ฅ

We can't control the market, but we can control ourselves
The second step to a perfect trade is to control risk. You must clearly calculate how much you can lose on each trade.


The third rule of "perfect trading" ๐Ÿ”ฅAssess Market Condition๐Ÿ”ฅ
Step Three - We need to understand the state of the market and the structure of the market. - Is the market slow and volatile or is it trending? And accordingly, have tactics for each of them.


The fourth rule -๐Ÿ”ฅ STRATEGY ๐Ÿ”ฅ
Step four: NEVER LEAVE YOUR STRATEGY !!!
There are different strategies in my trading plan, that are used in different market conditions.

๐Ÿ’กEven if the trade is unprofitable, if I follow these four steps, it will still be the perfect trade.๐Ÿ’ช๐Ÿป๐Ÿš€๐Ÿ’ฃ

Thanks for Your attention๐Ÿ™๐Ÿป

Stay in touch๐Ÿงก

Sincerely yours Rocket Bomb๐Ÿš€๐Ÿ’ฃ
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RocketBomb
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