Forex Trading Tips
Trade only when you can be 100% focused
Time spent in front of the monitor does not assume profitability, so don't fool yourself and do not trade half-ready.
Never invest money into a real Forex account until you practice on a Forex Demo account!
Allow at least 2 month for demo trading. Consider this: 90% of beginners fail to succeed in the
real money market only because of lack of knowledge, practice and discipline. Those
remaining 10% of successful traders had been sharpening and shaping their skills on demo
accounts for years before entering the real market. A good demo account to start practicing
with could be, for example, acc demo northfinance.
Go with the trend!
Trade with the trend to maximize your chances to succeed. Trend is your friend.
Never risk more than 2-3% of the total trading account.
Put emotions down. Trade calm.
And finally, it is wrong to trade with the money that you cannot allow to lose.