Post
Topic
Board Trading Discussion
Re: Suggestion for trading
by
Catwoman13
on 27/05/2018, 22:36:54 UTC
If you haven't tried to live trading yet, and practice more..There a lot of educational resources that are freely available online. Also spend time developing trading strategies ang already started forex trading here are 10 good habits
1.COME PREPARED before you start a trading  career makes sure you have made enough preparations.
2.BE DISCIPLINED , develops a trading plan be consistent in following it.
3.TRADE WITH THE TREND if you are really serious stop asking anyone else what should trade.
4.FOCUS ON THE TRADING PROCESS ,do not start trade while looking forward to the out come 
5.BALANCE YOUR RISK. stop chasing your profits instead of balance your risks.
6.MONEY MANAGEMENT is a field of survival .
7.KNOW WHEN TO EXIT meet every trade result in a win.
8.KEEP TRADING JOURNAL a successful trader always keeps a trading journal is a record  all trading activity.
9.LEARN FROM YOUR MISTAKES make your losses become advantage you can use these as as step ladders to make you better trading.
10.HAVE REALISTIC EXPECTATIONS as much as well we all want to dream high. We should focus on having realistics expectations instead of Anticipating how much.