Forex Trading Tips

Tip 1. Gamblers go to casino. All unproved, spontaneous actions in Forex trading — are a part of pure gambling. Any attempt to trade without analysis and studying the market is equal to a game. Games are fun except when you lose real money... Tip 2. Never invest money into a real Forex account until you practice on a Forex Demo account! Tip 3. Go with the trend! Tip 4. Always take a look at the time frame larger than the one you've chosen to trade with. Tip 5. Never risk more than 2-3% of the total trading account. Tip 6. Put emotions down. Trade calm. Tip 7. Choose the time frame that is right for you. Tip 8. Not trading or standing aside is a position. Tip 9. Learn to use protective stops. Respect your stops and don't move them. Tip 10. Let your profits run.Cut your losses short. Source: http://www.freeforextips.net/?page=2