
We recommend that you write down the reasons that you entered each trade in a trading journal. This will help you clarify the reasons in your mind, leading to more objective trading. In addition, you can look back over your journal, and learn from your experience.
It is always tempting to take a quick profit, but successful FX traders cut losses short, and let profits run. Your system should give you a clear signal when to take a profit. If you take small profits, it is unlikely that you will make enough to cover the inevitable losses.
ForexGen now has a trading new client called MultiTerminal. The MultiTerminal is intended for simultaneous management of multiple accounts, for which is mostly helpful for those whom manage investors' accounts and for traders working with many accounts simultaneously.
No comments:
Post a Comment