1. Don’t trade with your real account until you start winning currency trading on your demo account.
2. Be logical, don’t be impulsive.
3. Trade forex with 2-3% of your equity per trade.
4. You should have a perfect Enter and Exit strategy.
5. Trade strong vs weak pairs.
6. Enter early at the pivot points.
7. Plan your trade and trade your plan.
8. Don’t, Move against the trend, Remember “trend is friend”
9. Risk Can Be Predetermined, but Reward Is Unpredictable
10.If your strategy is perfect and time tested and then also you are losing, then control your emotions of fear and greed.
Forex trading is an art which can be mastered by practice. So don’t give excuses, just keep on moving to win the battle. You can be the king of foreign currency market.
1 comment:
It is necessary to follow some actions to do forex trading like, first of all define long-term goal, and everyday in profit, avoid reversing trades and so on.
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