This illustrated article will give traders a set of 5 basic rules for forex trade entries, and also 3 basic rules for money management. These rules are for trading in the main forex trading session. Additional rules are provided for other situations and times of day. Trend based trading and...
First:
Successful traders never put your eggs in one basket however promising it might look; ignore this, and you could be out of the game before you know it. Sometimes optimism fails us, we feel that we have a strong conviction about a particular trade and then put too much towards that...
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