Prior to establishing a position, you must ensure you have properly analyzed the indicators to determine that the true top and true bottom have been established. This will always be a risky move, but if you use this step, you can increase the chance of being successful when trading.
Keep emotions such as greed and fear under control when you are Forex trading. Know your strengths. Always try to understand the Forex market before you jump in.
Open two separate accounts in your name for trading purposes. Open a demo account for testing out strategies as well as your real trading account.
If you work at it, you can make a lot of money. If you feel your trades are at their peak worth,
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