The secret to becoming a successful forex trader is the ability to maximise your gains and minimise your losses. This is easier said than done. In my 1st month trading forex I won 65% of the trades and yet somehow managed to lose money. Obviously my losses were bigger...
If making money from trading is your goal, you need to treat it like a business: you need to be business-like in your philosophy and work habits. Professional traders who work for banks and hedge funds have all the business processes in place for them. Their trades...
How to Plan a forex trade by forex trader and mentor, Marc Walton Successful, calculated planning is one of the key ingredients of becoming a successful forex trader. Trading from charts requires you to be able to coolly, dispassionately calculate where price is...