For a successful (profitable) work in the financial markets, the trader must follow the following principles:

Being able to predict the dynamics of the course (analysis). There are many methods of analysis: fundamental analysis, technical analysis, chaos theory, etc. With their help, the trader can anticipate changes in the rate of tool in the future.
Being able to choose the right moment to enter the market and the closure of open position (trading tactics).

Not enough to correctly identify the dominant trend, the correct choice of the date of entry into the market is also very important for a successful (profitable) trade. If you are identifying bullish trend, log on pichke, before the rollback, the rollback can be initiated “slizat” your stop order.

This will be doubly insulting. Guess the trend, your position close to the stop-order, you zafiksiruete losses and the market will spread, and in your direction, but without you. To observe the rules of control of the capital (money management). Compliance with these rules will significantly reduce the risk of your financial transactions.

Your money management system will allow you not to participate in the financial adventures, only allowed to deal with minimal risk.

Do not take emotional decisions (the psychology of trading). When making commercial decisions should be guided by reason and not emotions.
Emotional decisions often are incorrect and are unprofitable.

We recommend to explore on our site:

Textbook on technical analysis;
Textbook on fundamental analysis;
Sales tactics;
Basis capital controls;
Psychological aspects of trading.