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  1. #1
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    Default 10 Rules of Becoming a Successful Forex Trader

    Hi there,
    This thread is dedicated to rules which will help become a successful forex trader. If you have rules which you follow whenever you trade, please share them with us. Here are top 10 rules of mine:

    1. Make a trading plan and follow it.
    2. When the reward is worth the risk, take it. - Always calculate your risk reward ratio
    3. Don't ever blame the market, it's not the market's fault, it is yours
    4. Keep your emotions in check
    5. Use Both Technical and Fundamental Analysis
    6. Never invest more than 2% of your capital in one trade
    7.When you are not sure, use demo account
    8. If you trust your strategy follow it with great confidence (if not go back to demo)
    9. Learn how to successfully follow the trend
    10. Always use stop loss
    Hi, I am Jeff and I am a forex trader, I share my expertise and analysis at TradingBeasts.com. On a portal about forex, CFD and binary options trading.

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  3. #2
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    Default

    Trading is an easy business to get into: No degrees or specialized training are required, start-up costs are relatively low and it can be done from the comfort of home. I am doing comfortably trading on the platform of Forex4you broker. As a hobby, trading quickly gets expensive: Just dabbling can prevent traders from gaining the proficiency and experience they need to become consistently profitable. So, a trader treat forex like a business.

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    Default

    thank you for youre thread, but we can not be successful alone. in my trading experience, i am always have big profit and gain big bonus, why that can happen ? because i am use FXB Trading as my broker. they always help you on trading.

  5. #4
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    A successful trader abides by some extra ordinary rules and regulation about trading. They trade with low lot and trade for long time. They plan before trading and keep patience while trading. They use reputed strategy while trading. But the most important thing is that they trade with reputed broker. Like in accordance with them I am using Trade12 broker as a reputed broker. Te broker is having high liquidity of source and high security of funding.

  6. #5
    Member alwiandesta's Avatar
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    little of my opinion about the rules that will help to be a successful forex trader. read the basics about forex trading until you understand, go professional traders and experienced in order to get the knowledge. if you are ready as a whole, you can directly follow the world of trading

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