Powered by Blogger.
Followers
FOREX TRADING MARKET:TIPS ON HOW TO BUILD A GOOD AND LASTING PROFITS IN THE FOREX TRADING MARKET.
Posted by
stephenadebiyi |
Edit Post
FOREX TRADING MARKET:TIPS ON HOW TO BUILD GOOD AND LASTING PROFITS
IN THE FOREX TRADING MARKET.
YOU NEED TRAINING:Build yourself up with a good training program.A good Forex trading program must be able to cover Risk/Portfolio management ,trading system,Psychology of trading,interpretation of Technical and fundamental indicators for trading and decision making among other things.
TRADING SYSTEM:What gives you profit in the course of your trading is your best trading system.But,to build a good and lasting profits,you use a profitable trading system.A good trading system must be the one that helps you identify trends as early as possible.There are many indicators there that help to identify and confirm trends.Develop one or buy a reliable software that do this.
TRADING PLAN:Developing a trading plan is like setting up an achievable goals.Plan to trade and trade to plan.
MONEY MANAGEMENTS TIP:Do not trade more than 20% of your account equity.
Do not increase your lot size until you have withdrawn your initial capital and grown it back.
Avoid over trading.
http://www.bigukinvest.net
Subscribe to:
Posts (Atom)