Here we summarize the successful tips forex traders, and who also have undergone professional trader (trading for Living).
1. Create a plan and description of trading well. So you have to know when:
a. Open positions
b. How many digits Stop Loss & Take Profit is 'ideal'
c. Have a financial management strategy (money management). This is related to how long you are trading in a month, how do you account resistance level against the risk of loss, when the attraction of funds, when adding funds, and allocation of income to savings, investment and consumption.
2. Make the trend as your friend (Trend Follower). Do not fight the market trend
Posts
