If you start from the most important, then it should be said that forex trading must necessarily be conducted strictly according to the trading system. Of course, the trading system may change, but not in the process of trading and not when the desire to immediately execute a transaction dominates all others. Simply put, this rule is: no inconsistent and rash transactions. Almost every trader sometimes faces unnecessary losses of funds only because he could not stop himself in time and made a rash deal. But you need to make sure that such factors influence your trading as little as possible, otherwise you will not be able to earn anything.

The second rule – the deposit does not need to put too much money if you learn to trade. The principle is essentially the same as when playing in a casino: you can’t bet more than you can afford to lose. But the same principle works for virtually all investments. If you do not use forex to store your funds (which implies a high level of the trader), then it is better not to put there a lot of money. So you will sleep well, and the failure of the deal will not be for you the collapse of a lifetime.

But at the same time, you need to understand that if you play for extremely small amounts, this is also not the best option. Firstly, if you win, you will not even be happy, but the desire to win must somehow pull the trader forward. But the most important thing is that the lower your deck level; (that is, the deposit), the more small waves (trends in the market) will be able to sink you. It is very difficult to win on a small scale — hourly, minutely — skillful traders almost always play on the scale of days and weeks. And this is a completely justified approach.

With regard to withdrawing money from the deposit, you can withdraw all your profits from trading, ideally – to keep the amount a little more than it was last time. So you will gradually accumulate money, and trade opportunities will expand.

Do not forget about additional earnings on forex as an instant return of the spread from FxCash.ru, which can significantly increase your profits.

Leave a Reply

Your email address will not be published. Required fields are marked *