Simple tips to become a successful trader

Being in a quiet room to concentrate
The concentration or decentralization are the main reason for the success or failure of traders. A quiet environment helps concentration. Avoid sources of noise, distractions, concentrate on your graphs. One hour and 20 minutes of concentration poses as a walk and a good night will be profitable.

Trading, and remember to stop work
Consider the forex trading as a job with regular hours. 8 Working with poses is enough. Remember to stop and especially not trade overnight. You better sleep and better your results.

 Learn to be comfortable in your trade
Use a lever to suit your mind. It is not necessary to put his account in danger. Moreover, the size of your position on your impulses and behavior psychology may make you do stupid things. With a short break you'll be able to better respond to your emotional reactions and better manage such a loss.

 Choosing the right graphic indicator
Having a flag and rely on. No need for multiple indicators for success. Select a flag for you. Learn, analyze it and try to understand how he reacts to a trend or a change in trend. Once you discover the secrets of your progress indicator, so come.


the security of your account
Respect your strategy trades, your stoploss, your goals. Get next to you, your codes and phone number of your broker. Put a stoploss and take profit on each input (especially if the internet connection is bad)

Specialize
Specialize yourself on a parity (see the "currency pairs to trade for). As an indicator, each crawling pace. Choose a parity that fits your mind. If you are a beginner, avoid the cable, GBP / JPY. Choose the euro / dollar that moves well but with less volatility.

 Do not play with fire
Do not return before or during a statistic is a statistic. Wait 5 mins to go on the market, so you will avoid getting caught.

You're not a sheep
Avoid advice, do not follow the recommendations to the letter, do you have your own opinion.

Source: www.forex-formation.com



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