How to Become a Successful Forex Trader
Do you want to become a better forex trader? There are certain tips and rules you need to follow in order to increase your chances of winning in the forex market!
As it is known, trading Forex is not as easy as many people might think. According to statistics , close to 90% of all Forex traders lose money. Learning and understanding how to trade the Forex market is challenging, but following certain rules and tips will definitely increase your success rate.
In this video we will go over those proven tips and analyze why they are so important. So without further ado let's get to it:
0:00 Intro
0:40 Set Realistic Expectations
1:55 Define Your Risk Profile
3:27 Use Stop Loss and Take Profit
5:05 Pace your Trades
6:10 Control Your Emotions
7:23 Bonus: Pick the right Broker
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