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The golden rule of foreign exchange trading market
Article 1: Resolutely implement stop loss.

Take into account that stop loss and reentry loss are actually the same thing.

Stop loss is the entrance ticket, and refusing to stop loss is the exit pass.

If you can't stop loss, then you don't have to come to the foreign exchange market.

Article 2: We must operate according to strict trading rules.

In the foreign exchange market, no individual's thinking judgment is allowed. The foreign exchange market is changing rapidly. You may have thousands of ideas, but there can only be one correct result at a time.

Article 3: Never allow any thinking, any judgment or any emotion.

No matter how you think and judge, whether it is right or wrong, it is relatively the same disaster, but different people suffer different degrees of injury. The reason is simple, because you are never against the market, but against a banker hiding in the dark.

Article 4: Grasp the general direction and never operate against the market.

As long as the general direction has not changed, we will never violate this iron law.

Article 5: Trading orders can only be issued once a day at most, regardless of whether the result is right or wrong.

After entering the site, set the exit point and automatic tracking stop point, then stay away from the computer and never return to the operating platform.

Because your action plan already contains all possible results. If it is wrong, the result of re-admission can only be worse. Don't trust any information and data from the market!

Article 6: Judgment of direction and selection of entry point, exit point and stop loss point.

1. judge the direction.

2. Select the entry point.

3. Stop loss.

4. Choose a selling point.

Article 7: Strict fund management

Regardless of profit or loss, admission funds should always be kept below 15% of the operating account.

Keeping in mind the law of admission funds and implementing it will keep you away from temptation when making profits and not get lost in gambling when losing money.

If you can't do this, you'd better stay at home honestly. Instead of being finally controlled by greed and desire and lost in the foreign exchange market, it is better to get away with it.