A few tips to traders

How to define Trader error?

Analyzing and traded seemingly chaotic market seems easy at first, but can actually be a big disappointment. Many new traders try to build and improve its commercial strategy defining specific markets for trade and setting rules to follow. However, if after 10 transactions have 6 losers most traders believe they made six errors most likely it is not.

What then includes Trader error?

Something that can greatly help new traders to focus on the rules of their trading system and to determine the violation of these rules only error can make markets. Whether the rules are complex or simple adherence to them can help you create advantage in a market that nobody knows exactly what will happen and what will be the closing price on the day appointed.
Another way to look at this approach is that without rules, each deal is a mistake. Even if you find yourself in a winning trade rules if you will have difficulty to repeat the process because you will not have rules to follow when a similar situation again.
Understand that the behavior of markets is something you can take advantage technical or fundamental, but you can not control. Just because you should see failure as not following their own rules and not izoda of individual transactions.

What to include in your trading rules?

Trading rules should be individual as your fingerprint. Since there are a number of market environments it is useful to have different rules for different market structures. This is a major source of confusion in novice traders who try to implement a trend following strategy at ranges market and vice versa.
Besides different rules for different markets it is good to have certain limits and volume of the transaction. It may be key to the success or failure of your existence rules on transaction volume.

Another type of rule is to focus on a certain time zone trading when the market is more active in their hours or when it is quieter.

All these guidelines are strictly personal and do not refer to profit or loss of certain transactions and indicate the need for clear rules that must be followed to achieve success in the financial markets.