principles of a profitable trade

Hi every one! I started this thread because i want share to you my principles which i use in my every day trading. If you like it, ok, subscribe to me and you will receive keys for profitable trade.

First i get a little more then need, but it is interesting!
Waiting for your comments

Looks simple, maybe something more advanced?

Wait for a breakout and pullback (picture in the middle), avoid anything else: it's just a waste of time and money IMO.

ok. will make it later.

Sorry I didn't say "thank you", good stuff.

Nice explain
Can you share you live trading?

Yes, i did many time review my trade, you can see it on my youtube chanel or in this thread http://www.forexfactory.com/showthre...80#post9424280

Hi Everyone!
I'm back, so you can watch that what you was miss,

No matter the high-quality of your exchange entries and exits, it's miles the overlying principles which you use in your buying and selling so as to determine your success.

While you input a trade, you need to have already got a 50/50 hazard of being right on the course after access due to randomness. Your first job is to carry your win fee as much as a better achievement fee than randomness.
You need to structure your trades in order that your wins are large and your losses are small. A prevent loss will preserve your losses small, and exiting your winning alternate with a trailing forestall will enable you to have big wins. Large wins and small losses could make you profitable despite a 50% or much less win fee.
Change a function size which you are comfortable with preserving, even though it manner losing cash. Hold your internal feelings in check always.
Set your forestall loss a long way sufficient far from your access so that you are stopped out whilst you are incorrect, not because of the normal range of price action.
Alternate inner a time body you are comfortable with.
Exchange a method that matches your marketplace beliefs.
Enter best whilst your prevent loss and your fee goal give you a brilliant danger/praise ratio, wherein the chance is well worth the praise.
Go out a trade while the risk/praise begins to skew in opposition to you.
Exchange quantified alerts that work historically, and don’t depend upon absolutely everyone’s opinions or predictions.
Never lose more than 1% of your buying and selling capital in case you are wrong. Your wins may be as large as you could cause them to.