This is part 2 in our series on Forex Currency Trading. Click here to see the first part.
5 Golden Rules of Forex Trading
Forex trading is a learnable skill. Therefore, understanding its fundamentals is essential to your success. Unfortunately, many beginner traders are unaware of most if not all of the basic rules underlying Forex trading. This article highlights five golden rules that every Forex trader should keep in their minds.
On top of these basic rules in mind, do spend time to educate yourself on the market and strategies.
Then you are one step closer to becoming a successful Forex trader!
Why People Lose Money in Forex
While some traders are happily reaping their profits, it is a sad truth that there are more people who are actually losing money to Forex. Ever wonder why is that the case? These are the common reasons why people lose money in Forex:
If you realise you are doing any of the above, stop it now to protect your investment!
There's more to this series. Continue reading…
Next: Forex Trading, The Need to Be Objective
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