10 PRINCIPLES FOR SUCCESSFUL FOREX TRADING
1)Dont trade when there is a low volatility in the market
2)when one order goes Wong don't add another order To counteract
3) Be careful on using The lot size don't increase It for greedy if your not show your strategy
4)make sure Hope, Fear and greedy are well controlled during trading
5)If you are not sure of your order make sure You use STOP LOSS during trading
6)Make sure you adhere To support and resistance as your entry and exit
7)Indicators don't work 100% ,The best way To use Them is To combine Them
8)use different Time frame When doing your analysis and always larger The Time frame better the results
9)It is better having one strategy with consistent profits rather Than many Faked strategies
10)Risk management ,psychology of trading and enough knowledge one the business are the key
Forex is a profession
Forex is a skill
Once a Forex trader always a student
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