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Thread: Top 10 Forex Trading Rules

  1. #1
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    Default Top 10 Forex Trading Rules

    1. Never Let a Winner Turn Into a Loser

    2. Logic Wins, Impulse Kills

    3. Never Risk More Than 2% per Trade

    4. Trigger Fundamentally, Enter and Exit Technically

    5. Always Pair Strong With Weak

    6. Being Right but Being Early Simply Means That You Are Wrong

    7. Know the Difference Between Scaling In and Adding to a Loser

    8. What is Mathematically Optimal Is Psychologically Impossible

    9. Risk Can Be Predetermined, but Reward Is Unpredictable

    10. No Excuses, Ever

  2. #2
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    In Forex trading, When looking for a broker there are many things that you have to check , according to my trading experience first of all I will be looking for in a broker , if they are regulated or not. Then I will see their deposit and withdrawal system how it works. Because real regulated trading broker doesnít cheat their clients at all. Thatís why I have chosen TempleFX in my trading career which is regulated with real Execution Trading platform and until the end of time guarantee their clients funds with certainly. And they always make sure easy withdrawal system without long time process and low transaction cost. So, my transaction trading life is very much secure and comfortable.

  3. #3
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    Those rules are good to follow. One must follow some rules in their life as well as business to become successful. In my opinion before entering the forex market you should do homework, I mean study about forex market. So, I can say learn before you burn. Take the time to find a reputable broker. I can instantly help you with that to suggest you ECNCAPITAL.COM. The most reliable broker for your experience.

  4. #4
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    does the trade in 2% already include big enough? but usually there are still many people who want to take a big advantage and can be spelled out more than that number. but traders are also a determinant to launch the trade.

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