Guest Trader – The Grasshopper lessons Day 5 – ForexLive (blog)

When developing your currency trading approach it is vital that you take your very own inspirations and temperament into consideration. If you are normally a patient individual you will have a different approach than if you are a risk-taking aggressive individual. Focusing on your temperament can help you pick a strategy that works for you.

Guest Trader – The Grasshopper lessons Day 5ForexLive (blog)The last post from Alex this week and I think he’s done a marvelous job. A huge thanks for stepping up to the plate. It’s not easy to put ones thoughts on paper sometimes, especially for a vast audience to read. God knows I struggle often enough and I ……Guest Trader – The Grasshopper lessons Day 5 – ForexLive (blog)

Make a checklist that needs to be followed before getting in a new currency trade. A checklist forces you to decrease and double check that the trade is genuinely a bargain. Come up with a list of requirements that are necessary for all offers, then evaluate this list whenever you are considering making a trade. This keeps you from getting caught up in the enjoyment of a new trend.

Additional resource on technical analysis in forex

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