DavyFX
New Member
1. Try to make control over Greed, Fear, Emotions and Anger.
Profitable Traders make control of this.
2. We must avoid Greedy because that may easily damage our knowledge,
experience, skills and Vision towards gathering data.
3. The Forex market is the right place if we can cut out the hope and
Prediction and trade the reality.
4. Don’t trade in the News breakout timings as market will show its
severity.
5. Try to avoid trading currency pairs that has spreads more than 4 pips.
6. Always enter the market with suggested ‘stop’ and ‘limit’.
7. Try to avoid currency pairs that is less volatile.
8. Be update with the Financial news happenings worldwide especially with
US and UK.
9. Implement new trading strategies in practice account before entering in
real.
10.Never open new position after Friday afternoon as this time will seems to
be red alert.
Profitable Traders make control of this.
2. We must avoid Greedy because that may easily damage our knowledge,
experience, skills and Vision towards gathering data.
3. The Forex market is the right place if we can cut out the hope and
Prediction and trade the reality.
4. Don’t trade in the News breakout timings as market will show its
severity.
5. Try to avoid trading currency pairs that has spreads more than 4 pips.
6. Always enter the market with suggested ‘stop’ and ‘limit’.
7. Try to avoid currency pairs that is less volatile.
8. Be update with the Financial news happenings worldwide especially with
US and UK.
9. Implement new trading strategies in practice account before entering in
real.
10.Never open new position after Friday afternoon as this time will seems to
be red alert.
