Tuesday, October 5, 2010

Forex Trading Tips

on demo accounts for years before entering the real market.
A good demo account to start practicing with could be, for example, FXGame from Oanda.

Tip. Put emotions down. Trade calm.

Don't try to revenge after losing a trade. Don't be greedy by adding lots of positions when winning.

Overreaction blocks clear thinking and as a result will cost you money.
Overtrading can shake your money management and dramatically increase trading risks.

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