Every trader start Forex trading for making money only. It’s normal because Forex is a biggest business platform. Here have a lot of opportunity to be a king in human life…
But in this market 95% trader be loser. It’s so sad for all of Forex Trader. But why they loss?
Let’s find out for their reason:
=> They have no specific trading strategy.
=> They have no proper idea about money management.
=> They try to do over trade.
=> They can’t control their emotion.
=> They have no plan for this business.
Their have many reasons but these are main, which can make them big loser. Now let’s know the solution to recover those loss & to make profit regularly. Those are:
=> Need a perfect trading strategy which have minimum 1:3 profit ratio for every trade. That means, if you win 50% then you also have more 100% profit after deduction of your loss.
**=> Always try to take risk maximum 5% for overall trades at a time as a money management… **
=> Just strictly follow trading strategy. never open over trade with over lot volume.
=> Always be cool and be emotionless in the time of Trading. Remember that, Forex have no emotion.
=> Build you weekly,monthly & yearly plan logically. Just remember that your target will be achieve that plan on just time without any emotional trade as well.
Always remember that, “In this business if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten.” -Peter Lynch
I hope, if you follow this rules properly then, you will be a profitable trader also. It’s my commitment.
**1) Basic idea about forex, **
2) Learn a perfect trading strategy which usable for all session.
3) Perfect using of 1:3 ration on trading.
4) Proper money management learning.
5) Propel plan making in Fx trading.
6) Finally practice from live market till you are being an expert.
Check my own account & my contact: https://www.zulutrade.com/trader/372374
Thanks to all trader friends.