10 Rules in Forex trading

  1. Never Let a Winner Turn Into a Loser
  2. Logic Wins, Impulse Kills
  3. Never Risk More Than 2% per Trade
  4. Trigger Fundamentally, Enter and Exit Technically
  5. Always Pair Strong With Weak
  6. Being Right but Being Early Simply Means That You Are Wrong
  7. Know the Difference Between Scaling In and Adding to a Loser
  8. What is Mathematically Optimal Is Psychologically Impossible
  9. Risk Can Be Predetermined, but Reward Is Unpredictable
  10. No Excuses, Ever

Do your study as much as possible because if you don’t get lows and highs right there is chance that entries and SLs will not be placed correctly.