George Soros is one of the most famous names in the world, especially in September 1992, when he risked selling the US $ 10 billion to short the British pound for a profit of US $ 1 billion in profit alone. a day. He is also known as "the man who broke the Bank of England."

He founded his hedge fund Soros Fund Management himself in 1973. For almost two decades, he has run this hedge fund very successfully with returns of over 30% per year, of which twice with profit more than 100% per year.

It can be said that George Soros is a master of investment, and he has also left many lessons for our traders. This article will share with us 10 trading principles of George Soros in trading.

1. Traders survive when they know when they are wrong and how to correct their mistakes.

2. Understand that you are not always right, so the cutting loss is the principle that helps traders with small losses with reasonable volume.


"My approach works not by making valid predictions but by allowing me to correct false ones"– George Soros
3. George Soros is very flexible in his trading, changing his mind, and reversing trading positions when necessary.

“It's not whether you're right or wrong, but how much money you make when you're right and how much you lose when you're wrong”

4. The key to profitability lies in executing large profitable trades with small losses.


5. Trends are formed by investor sentiment rather than by basic information. If trading Trends traders need to know this.

6. Decisively cut loss when you're wrong and don't increase your position while still losing money.

7. The more the trend extends away from the average price, the greater the likelihood of a reversal.

“ If investing is entertaining, if you're having fun, you're probably not
making any money. Good investing is boring.”– George Soros

8. A good and profitable trading system based on measured principles and probabilities. That means, in order to implement a good strategy, you must keep the principles and have patience.


9. Identifying the trend and trading in the trend is a good way to make a profit for the trader. Trade the trend until it ends and a reversal occurs.

10. Follow the market's price action, assess the scene, come up with possible scenarios, and trade according to the most potential scenario.

Above are 10 principles as well as the trading philosophy of George Soros.

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