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Share your ideas in fx

John Kwasi (johnkwamkwasi)
Jan 30 2012 at 21:59
5 posts
To be a winner in fx one need to be patience and not greedy.
Patience is the key
Steve Walker
Jan 30 2012 at 22:15
1341 posts
Hi John


Jan 31 2012 at 06:26
1008 posts
You need a good system first ( profitable entry to exit)

then you need to apply risk management/money management to keep the pocket book going during the down months.

lastly, think about the long term objective and the immediate gains

Dmitriy Filimonov (Dmitriy1987)
Jan 31 2012 at 07:16
15 posts
What is the Max Risk preferable per a trade? Or does it depend on trading volume and lots?..
Less talking, more business!
Jan 31 2012 at 07:39
40 posts
I agree with John and Steve on the 'patience' aspect. Learning is a life long pursuit no matter what your career or interest - forex trading is no different.
One thing that really helped me along was the idea of always following your trading plan. Knowing exactly what you are going to do from start to finish BEFORE you enter a trade, and sticking with it.
Jan 31 2012 at 07:40
297 posts
overtrading is the biggest deposit killer in my mind ..
Mechael Van (MainTrader)
Jan 31 2012 at 07:50
25 posts
Dont trade against the trend
Dont be greedy
Take ur loss when u are losing and dont let it eat up ur equity
And always be patient
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