How to Keep Steady Successful trading In Forex Trading

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Forex Trading Can Be Frustrating Sometimes   

Sometimes forex trading can be frustrating if one lack of adequate knowledge to trade successfully.
As some expert use to say "No perfect strategy" I agreed with them. Any one can make mistake, no body is above mistakes.
I have seen many people who are doing well in forex trading. Quiet number of successful traders all over the world have story to tell. Some have people have left trading because of frustration.

Reasons Why People Lose In Forex

*    Some people have little or no knowledge about forex trading.
*    The number of Degrees you acquired does not count
*    Some trade with Emotions.
*    Some lose because of pre-conception that people lose money a lot
*    Too minimal capital

Eurusd h1


For example, the above cation. I expected the market to move with the candle formation and my indicator is at the extension area. On knowing the market refuse to go in my direction. If it will be new trader, will be panic and be looking for ways to go out of the market.

How To Keep Steady Successful Trading 

Sometime I ask myself if there is possibility of making steady consistent trading track record is possible. The answer is YES. But there is but to it because the forex trading is not a game that one can play over and over again. I have come to realize that, there is a lot to trading when it comes to forex. With the little experience I have, young and experience traders can still find the following steps useful.
  1. Know yourself. 
  2. Plan your goals. 
  3. Choose your broker carefully. ...
  4. Pick your account type, and leverage ratio in accordance with your needs and expectations.

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