Have a notebook or writing pad with you all the time. This way you can put down any information you find on the market as you hear it so you won't forget later. Employ this to keep up with your results. Look over the tips as time passes to discover if they are relevant.
As a Forex trader, one of the most important guidelines you should follow is that of learning when you should cut losses and exit a losing trade. Many traders leave their money hoping the market will readjust and that they can earn back what they lost. That is really not a great plan.
Forex trading is not the same as playing casino games. Before you make a trade, remember to study and thoroughly analyze it.
Moving a stop
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