Understanding market patterns and Success in Forex trading
Forex trading is a 24 hour business, which means you need to be connected to it all the time, as long as the market is open. Therefore, you should always have a backup plan just in case you are disconnected from the market due to power failure, internet disconnection, or any other circumstance that may prevent you from accessing the market. I would suggest to never leave your orders open without a stop loss order. You never know when the market could through some unexpected volatility, only to wake up in the morning to find your account wiped out! Success in Forex trading is like any other activity in life; all it takes is some amount of practice, discipline and diligence to learn more every day.
No comments:
Post a Comment