Hi guys,
Please give lessons learnt statements that you found useful for trading. They may not be applicable for everyone, but still useful so others can consider. Some from me:
Do not feel compelled to trade if you don’t find a convincing trade
Do not just look at EUR/USD. There are others there to look.
Try to make sure volume confirms the price action before starting.
Thank you
Always check a forex calendar at the beginning of every week and if necessary - every day before you start trading. A surprise high impact event can be a very unpleasant experience.
Trade on higher time frames, don’t trade inter day. Most of signals on lower time frames are fake.
What does [B][U][I]that [/I][/U][/B]mean- care to elaborate?
Always use stop loss and don’t overleverage - the market can always go deeper than your pockets.