forex trading tips are ten a penny. Most will lead you to the poorhouse if you are not careful. The reality is that forex trading is counter intuitive for many people. However, with these special forex trading tips you will discover the secrets some of the most successful traders have long since known. Read on to find out what most will never understand.
forex Trading Tip Number 1
Before you have even begun dreaming of buying the mansion and fancy car with your winnings you have to understand risk management. The best traders look for every reason not to trade. If you overtrade you are being too impulsive and the markets will gobble you up. If you have a forex trading system absolutely stick to it. Its no use bending the rules to create a trade you never should take.
Understand how much you will trade per forex selection. Anyone who trades big chunks of their capital is risking total ruin very quickly. Your first responsibility is to survive. When you know ...
