FOREX TRADE >WE SHOULD TREAT THE FOREX TRADE AS OUR BUSINESS ACTIVITY. WE HAVE TO UNDERSTAND THE MARKET DYNAMICS WHICH ARE CAUSED BY BIG PLAYERS LIKE BANKS ALONG WITH BROKERS AS MARKET MAKERS. BESIDES FUNDAMENTAL AND TECHNICAL FACTORS ALSO AFFECTS IT OUR PRIMARY AIM SHOULD BE TO PROTECT OUR CAPITAL AND MINIMISE LOSSES WE HAVE TO CAlCULATE OUR RISK REWARD RATIO AND DIVERSIFY OUR OUR INVESTMENT. WE HAVE TO ADOPT PRUDENT MONEY MANAGEMENT AND RISK MANAGEMENT TECHNIQUES
IN OUR TRADES. BESIDES ENTERiNG THE MARKET WHERE RISK REWARD RATIO WILL BE 1:3 USE STOP LOSS 50 PIPS TP 150 PIPS IF YOU FOLLOW THE ABOVE STEPS RESULTS WILL BE POSITIVE TRADE SMART GOOD LUCK
Translate to English Show original