26 January, 2013

Forex Trading Tips


Always use Stop Loss Orders. If you don't use them, it will kill you financially. We recommend stops 20 pips above or below your entry price.


Don't loose more than 5%-10% of your total capital in each trade. Adjust your stop orders and leverage if needed.



Let the profits run, cut the losses. Instead of using Take Profit orders, it's better to use a 
" Stop loss''



4 comments:

  1. I mostly use Stock Future Tips for trading but now I need forex tips to trade in forex market.

    ReplyDelete
    Replies
    1. archie, go through my blog it'll help you to understand Forex market//

      Delete
  2. Now, it is more important for me not to follow forex tips as I am not a beginner now, and have to do my own analysis for trading.

    ReplyDelete
  3. I am using Stop losses when following Intraday SGX Signals as well as forex signals and they really done a lot of savings for me.

    ReplyDelete

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