Tuesday, January 5, 2010

Advice for forex trading

1. Gamblers go to casino. All unproved, spontaneous actions in Forex trading � are a part of pure gambling.
2. Never invest money into a real Forex account until you practice on a Forex Demo account.
3. Go with the trend.
4. Always take a look at the time _frame_ larger than the one you've chosen to trade with.
5. Never risk more than 2-3% of the total trading account.
6. Choose the time _frame_ that is right for you.
Read More... [Source: The FOREX FORUM - All Forums]
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