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why The Following Principals Are Important In Trading

Hello friends welcome to the #Traderlifestyle

I hope you will be fine and had read my last blog about Why Exit Is More Important Then Entry In Trading, thank you for giving good support and appreciate me to write more about
trading psychology, in this blog I will talk about me following principal which plays a very important role in trading and how to learn there these principals from my trading experience, also talk about how their principal makes me consistently profitable forex traders

1.process over outcome

this is the first principal which makes me an unstoppable, limitless trader and gives me motivation because the road to becoming a successful trades faces lots of difficulties but when you overcome these difficulties and maintain your consistency and this maintenance of your consistency make you a consistent trader, I know consistency takes time to come to inhabit but when ones it comes inhabit it can make you a legend.

2. Trust the process

this is a second most important principle in trading, actually, this is the foundation of to being a successful trader, trading is all about the process, and if you don't trust In your trading process, so you are just going to become bankrupt while keep trading, so trust in your trading process is very important, when you trust your trading process you trade with confidence, lots of traders I have seen in my earlier trading community who don't trust in their process and do very aggressively trades and make losses on daily basis, I know it is difficult to trust in the process but when you do proper journalling of your trade, day by day you will build trust in your process and one day you built a powerful trust"so I hope you have understood the importance of trust in trading"

3.setup is the king 

this is the third most important thing which help you to be a successful trader.in trading, the structure is the processes  that tell you how you can improve your trading habit .you know the structure is also your trading setup when you have properly maintained trading setup, and have a good environment  of trading, this also pushes you to be a consistent trader
a structure is an arrangement , this is an object, so make your  trading setup  as attractive as you can   innovate your trading setup time to time because 
"Innovation is the key to success"

4. Trade with Scalability in mind 

this is the fourth principle of trading, as you know trading is the process of Probability And Possibility and in this process, it is difficult to trade with scalability, but it is not as tough as you think when you know the possibility of getting the target is very high at that time you should be scale your mental thought, and when you know the possibility of getting target is very low in this situation you don't think about the scale you trade you should cut your trade as possible as you can.in the blog concept of probability and possibility, I had explained everything about how you have to determine the possibility of your trades so that blog it will help you.

5.in order to forecast effectively you have to backtest effectively 

this is the fifth most important trading principle which helps you to be a consistent profitable trade as you know trading is not getting the rich quick scheme , yes it is right because the process to being c consistent trader takes time this principal focus on backtesting, backtesting is one of the best ways to believer your trading accuracy as I am a price action trader I had done at least one-year backtesting because of getting the habit of backtesting you you will be able to forecast chart , chart forecasting is an art which comes which the habit of effectively backtesting.
so, guys, there are most important five trading principal which helps me to be a consistently profitable trader and I hope you will also follow there principal to be a consistent profitable trade like me, so if you like is blog please leave a comment that you like and also give me a topic of next blog.
you can follow me on Trading View for currently trading opportunity and also follow me through Instagram, Facebook, Linkedin so thank you ones again for reading this blog.
😊Stay Tuned 😊
💹Happy Trading 💹

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