When starting to trade the forex market, what rules should the young trader follow in order to be successful? What are the guidelines that will enable the trader to build a solid foundation for his home forex business? What should the trader consider prior to even thinking of trading?
In this article, I am not looking at the skills required to perform technical or fundamental analysis, or a review of which indicators to use. All these are good and should be mastered, but Rome was not built in a day. Neither has a trader become successful just by reading a book or attending a course.
The following are a few of the key consideration that need to be thought about prior to trading.
By adopting these key considerations, the new trader will find that he is laying a solid foundation for the development of his forex trading career. The author has learnt and implemented these points to great success in building his own home forex business.
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