How to be excellent forex trader?

Earn more money with forex
1)      Before entering the market should determine the general direction of the major trend and market the current trend according to the latest closing

2)      Make sure of the highest and lowest price, news, and figures expected today before starting any activity and to avoid entering into the market with figures with a sharp impact.

3)      If the market Ascending must avoid selling and looking for any decline and bought, and vice versa.

4)      If the direction of the market Ascending and stopped at the highest price did not move, but a few down do not expect that the market does not have the ability to further climb but predicted he was preparing for another attack.

5)      If the market closed at the highest price or the lowest price and did not open the next day with a gap …you to trade in the opposite direction… if the market was closed on high, it must sell and vice versa

6)      Select lost 50 points, or 3%, whichever is smaller and after the cheek protection or flip or briefed by the market.

7)      You are the only enemy in the market for yourself you can not hear your illusions and do what you should do and not what you love to do.

8)      Access to the market a big battle… Take all the weapons they can carry you'll need to get out safely.

9)      Select your strategy to enter and exit the market and tested before working out to make sure of their ability to achieve profits.

10)  Not traded against the market and stay with him and bought when boarding and sale upon landing.

11)  Market moves in waves usually every wave ranging between 30 -50 points and goes on until 5 waves in the day and ranges from 150 to 250 points, often with 3 corrective waves in the opposite direction of the primary trend.

12)  Corrective waves of no more than 30 points often and sometimes goes to 70 points, a sign of market weakness and if shortened to 15 points was the main wave very strong and may extend to more than 200 points in a day.

13)  The velocity corrective bounce determines the strength of the main wave and continuity if ended quickly to a distance of more than 60 points of higher or lower price is more likely that these broader wave has ended and possible market that originates in the reverse rebound

14)  Do not fall in love with what you do losing the ability to see the variables quickly and should look at the contracts that you have as an enemy needs be monitored closely

15)      Do not make all your money in one place at one time (do not put all your eggs in one basket) and only diversity without exceeding safety limits every  10,000 $ .. Should not buy or sell more than two decades in one direction no matter how the market guaranteed ... There is no such thing as substance or market price can not be bypassed by a space large.

16)  Focused on the exit point or place is to protect the profits and is expected exit and leave the market to choose

17)  Do not make a winner never turn into a loss no matter how small, and come out even one dollar is better than a loss.

18)  Every day there is a market and profit or loss is the difference between the bid and ask prices ... never chasing the market ... the loss of a chance is better than a loss.

19)  Market is always right and no one can beat the market

20)  There is a sad day and a happy day ... I do not rejoice in days happy, do not cry on the sad days and remember no one always loses or wins always

21)  Correct entry is confirmed by the market gives specific profit immediately, and if dropped a few not afraid will continue to rise unless under pressure News.

22)  If the market started acting strangely after login faster exit at the first opportunity

23)  Use market orders to enter and exit so as to avoid any delay

24)  Beware the market is moving in a narrow range for a week you'll have a huge movement later, especially if 3 consecutive days remained in the narrow range.

25)  Do not listen to anyone in whatever market and listened to what u think is right and remember you are the only one who will pay the price.

26)  Never operate in the market if trading volume is weak and few open-ended contracts Such market lacks liquidity ... which
Very dangerous

27)  History repeats itself ... prices you see today are the dream of others in one day, but where are these others now? May be due prices follows you want, but you may not be present.

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