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9 Tricks Of The Successful Forex Trader

 
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ufxmarket
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Joined: 20 Sep 2013
Posts: 63

PostPosted: Fri Sep 20, 2013 2:57 pm    Post subject: 9 Tricks Of The Successful Forex Trader Reply with quote

Step 1. Define your goals and then choose a style of trading that is compatible with those goals. Be sure your personality is a match for the style of trading you choose.
Step 2. Choose a broker with whom you feel comfortable but also one who offers a trading platform that is appropriate for your style of trading.
Step 3. Choose a methodology and then be consistent in its application.
Step 4. Choose a longer time frame for direction analysis and a shorter time frame to time entry or exit. Step 5. Calculate your expectancy.
Step 6. Focus on your trades and learn to love small losses.
Step 7. Build positive feedback loops.
Step 8. Perform weekend analysis.

Step 9. Keep a printed record.
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ufxmarkets
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