12 Questions to Answer Before Your Next Trade

[MilkyWay]

I always ask myself "Do I really have nothing to do but invest my ovn money?" Usually I find a way to avoid this. I often trade with bonus money, especially I like trading with no deposit bonus money. For example, now I'm trading with $1000 no deposit bonus money from Forex.

[Danielpeters]

Great post. Thanks.

[Bernadar]

in fact, everyone will have their own moments, which, if you figure it out, you can improve your trader status

[maby81]

Very valid points. I also think that the most important underlying principle should be to have a trading plan that can include one or more strategies to use. You also need to have a good idea of the level of risks you are able to take on and manage to handle. As a trader you also need to be aware of your strengths and weaknesses, as well as your particular tendencies, which might influence your decisions.

[FXOpen Trader]

Very valid points. I also think that the most important underlying principle should be to have a trading plan that can include one or more strategies to use. You also need to have a good idea of the level of risks you are able to take on and manage to handle. As a trader you also need to be aware of your strengths and weaknesses, as well as your particular tendencies, which might influence your decisions.

We must try to make use of a trading plan that is easy to understand for us.

[Katrina]

A plan would be a nice idea, but it should be in constant practice and not just for a day or so.

[Elrufai]

The first point is the most important for me. If you don't have time to trade, don't trade. Let it be a daily chart, however, you need to devote time for analysis. Time is an important point in trading.

[Foget]

The first point is the most important for me. If you don't have time to trade, don't trade. Let it be a daily chart, however, you need to devote time for analysis. Time is an important point in trading.

If there is no time, then it is worth switching to the daily chart and higher. Then you don't have to have much time to trade

[Katrina]

Forex is the world's largest market for a reason: it makes it possible for everyone from central banks to retail investors to profit from currency fluctuations associated with the global economy.

[Foget]

The main feature of the forex market is that he is decentralized. This is the main difference from the stock exchange.