Trading Role
open position role
1) Before open any position always ask yourself why you are going to open this position, you should have good and reasonable reason for doing that.
2) Before open any position Be sure you have already looked at the calendar be careful trading while a fundamental news is going to publish, if you are not aware of them you will loose lots of money
3) Look at the daily, hourly chart to have a bigger view about the trend, then have a strategy if you want to enter to the market make some money an exit then look at 5 min chart
4) The chart always talk to you try to leasn to them and find the trend, trend is your friend, never try to be against it.
Exit position Role
1) Never trade without stop lost; never accept more that 2-3% lost for a day.
2) When you open a position you should have a target .the target is exit strategy.
3) Don’t leave position over night or over weekend.
The general role.
1) At the beginning of the day put a target profit and maximum lost you can tolerate for that day, after you hit your target, log off from you account and stop trading.
2) If you lose two trades in the row, log off from your account and don't trade for the rest of the day, otherwise probably will lose more money.
open position role
1) Before open any position always ask yourself why you are going to open this position, you should have good and reasonable reason for doing that.
2) Before open any position Be sure you have already looked at the calendar be careful trading while a fundamental news is going to publish, if you are not aware of them you will loose lots of money
3) Look at the daily, hourly chart to have a bigger view about the trend, then have a strategy if you want to enter to the market make some money an exit then look at 5 min chart
4) The chart always talk to you try to leasn to them and find the trend, trend is your friend, never try to be against it.
Exit position Role
1) Never trade without stop lost; never accept more that 2-3% lost for a day.
2) When you open a position you should have a target .the target is exit strategy.
3) Don’t leave position over night or over weekend.
The general role.
1) At the beginning of the day put a target profit and maximum lost you can tolerate for that day, after you hit your target, log off from you account and stop trading.
2) If you lose two trades in the row, log off from your account and don't trade for the rest of the day, otherwise probably will lose more money.
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