Never Trade unless demo practice
Hi,All Pakistani guys here,
I am also struggling in forex.It is fact a forex trader is Hero at one moment and zero at the next moment.These are not only you it is the situation of every trader even more experienced.Keep some points in mind while trading.
1-Learn on demo first and test your strategy and signals, then risk your own money.your demo practice must be in months not in days or weeks.
2-Be cool and patient while trading never be aggressive.
3-Keep trade Volume in limits don't be over traded.
4-Don't trade if you are not satisfied with your signals and strategy.
5-Don't jump to standard lot volume if you have not earned enough from forex and increase your trade volume with the earned money not with your own money.
6-Never forget to keep in mind upper band and lower band limits of bolinger.
7-Avoid very tiny stop losses in rush hours.
8-Always choose stp/Ecn or NDD broker avoid market makers.They will never afford your wins.
There is a lot to say but in a separate thread its enough i think now.
I am not all time hero in forex,there is new task on every trade.
Thanks