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Showing posts from December, 2021

Golden Rules of Trading With Discipline

  Trading with discipline can be one of the most challenging things to master. But at the same time, it is an essential part if you want to trade with success. The habit of trading varies from trader to trader, but they must build some strong trading rules and routines that will take them up the ladder of profits and success. This article will discuss some golden rules of trading with discipline, which will help you become a serious and more obedient trader. 1. Constructing and following a trading routine A trading routine should include these three core elements: Pre-market analysis Major hours  trading  in the market End of the day hours One should not break out from the trading routine and follow it diligently. It is better to follow and trade in major markets. Such markets include London, Tokyo, and New York markets. In the major markets, price moves more noticeably, and such markets offer great setups too. You can check the economic calendar and look out for any anno...