Trading Tip of the day

[G5 TM]

Always have a plan – The most important of all tips on day trading. Don’t put real money on the line until you have a plan of action. That means know what you’re buying and selling, how much you’re going to trade and when you’re going to trade it. A trader without a plan is a pig heading for an expensive slaughter

 

[photolover]

Good tip. Looking forward to demo trading. Want to learn more about this.

 

[Rufino Fiorentini]

If you work hard in your trading life then no one can make you stop earning money. A reliable broker, strong knowledge, proper guidance is most important to earn money from the forex market. There is no alternative way of a reliable broker. My broker Eurotrader is very helpful. They are one of the best brokers I have ever worked. If you trade with a reliable broker then no one can make you stop earning money.

 

[bethron]

One tip I have come across is to have a checklist of your parameters for a trade with you before placing a trade.

 

[mongtekken22]

Good tip. Looking forward to demo trading. Want to learn more about this.

 

[subaruprix]

Yep, should try demo trading to get comfortable with a strategy, but then psychology is a whole different monster itself.

 

[Akwin]

Yep, should try demo trading to get comfortable with a strategy, but then psychology is a whole different monster itself.

yeah, psychology plays a big role in trading, it might be the major reason behind the loss. How do you manage your emotions while trading?

 

[Kernellenal]

in general, it’s not worth switching to real, until there is confidence in the work and a good plan