Honestly and after a too-long journey (13 years ) in forex trading, I have discovered some important success factors to succeed in this fluctuating market:
1- Never ever trade without clear, definite stop loss not exceeding 20-30 pip
2- Don’t risk more than 5 % of all capital you have
3- Don’t use leverage more than 1:500 in best-case scenarios.
4- Use excel sheet to monitor your progression
5- Make a fixed daily target 20 -30 Pips only, once you achieved,...
Wha are the key success factors in entering a forex trade?
* This article was originally published here
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