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| Trading Ways |
Know yourself
Determine your risk tolerance limits carefully. Understand how large inventory of your coffers , and set appropriate risk limits . As for setting a target profit in trading , you also need to recognize the market and understand that in this market , you are a nobody . Controlling prices in the forex market is not you . Therefore , try not so excessive pride after getting the victory .
Do what you know
Do not open position if you do not understand the direction the price moves . Also , do not try to implement a system that "he" profitable , but in fact you do not understand . Do only what you understand . This rule seems simple , but the failure to comply with this principle has brought havoc to many traders . If you are not sure , then do not do it .
With emotion
Greed , excitement , euphoria , panic or fear should not be included in the calculation of the trader . Excessive emotions can lead to massive losses . The approach is logical and not emotional best forex trading tips are required to undergo a career and become a successful trader.
Learn the market , understand the fundamental and technical factors price
Small errors in understanding both of these factors will not result in your trading account bankrupt . But if you continue to make trades without studying the fundamental and technical factors , then a career as a trader you can be finished immediately.
This post to show you how become a successful trader may be able to help you more careful and prudent to be a reliable and exact trader can reap dollars with very instant .
Success and good luck
Loker Gresik
