Aside from psychological aspects of trading what is your #1 trading rule? - Traders Hideout | futures io social day trading
futures io futures trading

Aside from psychological aspects of trading what is your #1 trading rule?
Updated: Views / Replies:6,017 / 18
Created: by Everyman Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Thread Tools Search this Thread

Aside from psychological aspects of trading what is your #1 trading rule?

  #11 (permalink)
Elite Member
new york
Futures Experience: Intermediate
Platform: Ninja
Favorite Futures: stocks
Posts: 2 since Aug 2013
Thanks: 1 given, 0 received

Hold my stop loss.Not always easy

Reply With Quote
  #12 (permalink)
Elite Member
San Francisco, CA, USA
Futures Experience: Intermediate
Platform: TD Ameritrade, NinjaTrader, TradeStation
Broker/Data: NinjaTrader Brokerage
Favorite Futures: ES, CL, 6E
Broman's Avatar
Posts: 9 since Aug 2014
Thanks: 6 given, 5 received

#1 - Trade my plan, not what I think.

#1.5 - It's ok to loose if I've traded according to my plan.

Reply With Quote
  #13 (permalink)
Elite Member
Portland, OR
Futures Experience: None
Platform: tos
Favorite Futures: S&P e-mini, Lumber Futures
Massive l's Avatar
Posts: 1,473 since Mar 2011
Thanks: 926 given, 1,859 received

rmejia View Post
1. Patience


Psychology > Strategy ≥ Money
Reply With Quote
The following user says Thank You to Massive l for this post:
  #14 (permalink)
Hanover, Germany
Futures Experience: Intermediate
Platform: NinjaTrader 7
Favorite Futures: ES
Scalpingtrader's Avatar
Posts: 1,533 since Apr 2014
Thanks: 2,095 given, 3,515 received
Forum Reputation: Legendary

The trend is indeed your friend - the only one in the markets, probably. So better be loyal

You can be better tomorrow than you are today.
Reply With Quote
  #15 (permalink)
Elite Member
Futures Experience: Intermediate
Platform: FlatTrader
Broker/Data: GFT and Interactive Brokers
Favorite Futures: ES, DAX
Posts: 531 since Aug 2010
Thanks: 2,127 given, 719 received

Keep losses small - Period!

Reply With Quote
  #16 (permalink)
Elite Member
Austin, TX
Futures Experience: Intermediate
Platform: F-16CM-50
Favorite Futures: GBU-39
tturner86's Avatar
Posts: 5,830 since Sep 2013
Thanks: 9,882 given, 11,285 received

JonnyBoy View Post
My number 1 trading rule is knowing when to stop trading. This used to be at the bottom of my trading rules, now it is at the top as a sticky.

Same here. Know when you are wrong in a trade or on the day and get gone as quickly as possible.

Reply With Quote
  #17 (permalink)
Market Wizard
Boca Raton
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
mattz's Avatar
Posts: 2,139 since Sep 2010
Thanks: 2,004 given, 2,930 received

Avoid Randomness.

Gut feel is random, if you say "seems like" it's random
All trades must be based on a method, not "its too high" or "it's way to low"
A lagging moving average is more accurate than your intuition.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
Reply With Quote
The following 2 users say Thank You to mattz for this post:
  #18 (permalink)
Trading Apprentice
Dusseldorf Germany
Futures Experience: Advanced
Platform: Ninja Trader
Broker/Data: CQG
Favorite Futures: NG, TF, CL
Posts: 13 since Jan 2013
Thanks: 1 given, 12 received

Patience and only enter the trade when I know where price is heading i.e. when the profit target is in clear view. And that must be at least 20-50 ticks on TF, CL or NG. The StopLoss then runs between 10-15 ticks.

Reply With Quote
The following user says Thank You to sandman2 for this post:
  #19 (permalink)
Elite Member
Prince George BC Canada
Futures Experience: Advanced
Platform: IBs TWS
Broker/Data: IB
Favorite Futures: Stocks
deaddog's Avatar
Posts: 603 since May 2013
Thanks: 97 given, 675 received

Have a written trading plan and follow it.

When I follow my Plan I achieve everything mention in this thread so far.

It is hard to find the Truth when you start your search with a preconceived notion of what the Truth will be.
Reply With Quote


futures io > > > Aside from psychological aspects of trading what is your #1 trading rule?

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

Wyckoff Hunting for Great Risk/Reward Ratio w/Gary Fullett

Elite only

Digging into the Details of iSystems w/Stage 5 & iSystems

Jun 5

Similar Threads
Thread Thread Starter Forum Replies Last Post
Scams: Prediction Point Trading, Hindsight Trading, Market Mover Trading flipper26 Trading Reviews and Vendors 7 April 30th, 2018 12:41 PM
Single most important rule of trading Big Mike Traders Hideout 51 October 4th, 2015 04:51 PM
Webinar: Developing a Rule Based Trading Algorithm - Kevin Davey Big Mike Elite Automated Trading 68 December 1st, 2013 08:05 PM
Robber forces victim to drink liquid soap...and other strange aspects of a robbery RM99 Off-Topic 0 April 6th, 2011 02:29 AM
Trading-Rule Sheets in Googles presentation max-td Beginners and Introductions 1 June 9th, 2010 09:07 AM

All times are GMT -4. The time now is 05:59 PM.

Copyright © 2018 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432,
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2018-05-26 in 0.10 seconds with 37 queries on phoenix via your IP