Trading Strategies and Tips :

Trading Strategies and Tips :

1. Try to read the News, because News is very important than
other indicator.
Resources Link:
http://www.forexfactory.com

2. Don't trade without some analysis

3. Don't use a trick of Buy Stop and Sell Stop to trap the
Big News, Your order would not hit at your request price and
You will get a slippage or sustain a loss because of the
jumping price or Gap on that volatile market (hectic).
"Don't use a trapping technique when a big news happens !"

4. Don't be greedy

5. You must control your risk (risk and money management)

6. Don't trade without a Stop Loss (ideal SL = 40 pips)

7. Try to learn in Demo before you try the Real Account

8. If you use a Robot Trading (EA), you must control it,
because there is No Robot that can always profit.
Don't trust someone that can promise you that his Robot is
always profit ! "Robot or EA is only a TOOLS."

9. The trend is your friend, just follow the trend

10. Use second opinion forex signal & analysis

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