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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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