WINNING FOREX

It was not easy but we did it, $ 1k to $ 100 thousand in the second demo and live account. Let's take a moment to celebrate and then down to business. There, that was long enough? Ok. Why are some people and make them give up or just painfully failed? I have narrowed it down to several reasons. Hopefully you can take a lesson from this article and impliment them into the trade.
1. Trade more than 1% per trade. It seems a little strange that the people who ultimately make $ 100k only risked a maximum of 1% of their capital in a trade? Well thats what all those who have been so. Trade is the number of fixed capital in the game if you lost the streak in the market. This is part of the important information to remember. Although the benefits you will lower the risk of people who, say, 10% of trade, long-term ability to remain in the game that much greater then 10% traders.
2. Trade more than 3 major currency pairs as well. There is no way to get around it, sometimes Forex can be risky and volitile market. Saturates Internet information about each major currency pair. Keeping track of more then 3 pairs of currencies will often leave the traders in the paralysis of analysis. Personally I have only 2-way trade and keep up-to-date on them. Being a leader 2 currency pairs are then far better to be a jack of all couples and master of none.
3. Are not lazy and keep learning. People change, and based on the market with their change. Forex changes all the time,n what the currency, what can not change the favorite month to month. I am here not only to trade the news, I was that the people who make 100k $ succceeded always shaprpening their skills. This market can make you filthy rich so why wouldnt you spend time you can learn all about this? I never could understand the new traders who read some books about Forex and think that they have finished studying. If you want to make money in Forex remember this, the cost of trading forex is the Capital and Learning.
4. Only focus on one time. Last but not least here is something that we all may be as a new trader. But quickly you kick this habit the better off you will be. Let me give an example. If every day is a graph showing the trends up to defeat, but the 1 minute chart that shows a strong trend for a start up, if you only focus on the 1 minute chart you will lose a lot of chedder. I here is very simple, oversee the entire image at all times. Use 2 -3different time periods to chart a large image and then use your 1 trade to make the decision