10 suggestions trading success

I do not mean to patronize you in forex trading, My 10 tips for forex trading is the basis of this business. If you are already very familiar with these 10 tips, it means you are ready to trade forex. No need to linger longer, during the reading. Good writing This can be useful for you.
  
Tip # 1 Gambler is only in the Casino Forex trading is not to gamble that rely on good luck in making money, you need analysis and strategies appropriate indicator for trading, if you open position, regardless of analysis and indicators, you that would be you're gambling. Gambler spent and generate money in one night but not for Forex, you try to spend less and produce more than 100 times more than you spend. Try Trading Forex as your long term business, do not be so rich quick dream in one night.
 
Tip # 2 Do not waste your money in Real Forex Account We recommend you practice first on a virtual account or demo account to familiarize yourself with the facilities is on the broker and the indicators you use. Practice Real account will indeed be money management training, emotional and in real time, if you are ready then there will be experience is invaluable, but if not ready then you will think this misguided business. If you're not ready you should use a virtual account or demo account so you can find a trading style you, do not have to go follow indicators of others, what they use do not necessarily match the one you use.

Tip # 3 Make friends okay with TREND There are 3 parts in Forex, Trend UP, and Down Trend Sideways, if the market is a trend you do not hesitate - hesitate for open positions, learn and concentration of market that trend will make you earn more money than before, try the timeframe H1, H4 and D1 Life should never doubt - doubt, convince yourself to successful.
 
Tip # 4 Do not be trading more than 25% of your capital We recommend that you begin to manage your money management, so that you do not spend your money in one night, use your imagination and try to reduce losses maximize profits. Keep your capital. If you are in doubt will position you should wait and see, the opportunity was did not come 2 times but set a strategy to win in other times it's better than throwing your money only for a moment of ambition. We recommend that you do not hurry - hurry to be a person rich, quiet because there is still more to come 6 Tips increase your trading knowledge. 

Tip # 5 Calm yourself Some traders are many who take revenge for restore their capital loss on the day that has been such, it is that will make you bankrupt in a day, Remember this business, there are times when the business experience losses. If you have loss several times a day you should rest, make coffee or tea with a little smoking if you smoke, try accumulate all your transactions in a month so that you know that Your defeat was avenged today with profit Your month - the month before. Remember and Remember, this BUSINESS.

Tip # 6 Find your trading style Perhaps a good indicator of A, B great indicator, the indicator C steady, but still the decision to open the position and close positions on your hands instead of your indicator. If you've found a suitable indicator criteria now it's time you find a timeframe that matches your indicator. All you have to remember, the indicator is facilities analysis to Forex trading, DECISIONS AND EQUIPMENT Your hands!

Tip # 7 Always and Always use stop loss and profit target You may not withstand losses continuously until your capital runs out and you also can not hope to profit large continues every day, little by little eventually a hill. Learn the character pair that you are interested then set stop loss and profit targets that match the pair you, should your trading volume or quantity that raised so that you can increase profits. Forex will not make you rich overnight.
 

Tip # 8 Forex Management You can not sit in front of a computer 24 hours in day and 5 days a week just to get profits a little, you should note any time time - time that is suitable for your trading pair interested in, for example morning that there YEN pair may be more either because the Asian markets open in the morning and so on. Do not waste your precious time just in front of the computer, you still have to bersosialiasi with the community. Do not expect that every day you should open position and fortunately continues. Rest and good emotions that you make your concentration better.

Tip # 9 Learn Candlestick and Fibonacci You should learn form - the form Candlestick although it only forms when the market longer want to move the trend or limited to the price correction, and also do not forget to learning level - the level you know when Fibonacci so should close the position by studying the advantages and losses on the level - level.
 
Tip # 10 Nothing is PERFECT All indicators are not perfect, it all depends from yourself how you look at the business, if you only play then there are losers and win if your business then you would think where you are now for the next 5 years if you are still running it or your money working for you. Do not be ashamed to learn, no ivory that is not cracked.

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