New Milestone in Personal Forex Trading

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Today is a great day for me. Today marks the day where I completely eliminated all the losses that I have incurred while learning about forex.

When I started a year ago, I tried to trade forex live. After practicing for a couple of months, demo trading, I gather up all the courage I could get and opened my first live account. During the course of the year, I accumulated a total of -$5,000. Yes… Negative… And today, I completely finally took back all the losses.

I am up +$1,063 starting today. I hope this is the beginning of a wonderful trading life. And hopefully achieve my forex trading goal.

After all that grueling experience. I would like to share to you a little knowledge I picked up while stumbling across the trading realm. There are only 3 important factors to be successful at trading.

1. Psychology
2. Money Management
3. Exit

Notice that there are no trading strategy here or indicators. Not even entry strategy. It is because those 3 factors are what determines a successful trade. Because of them, my trade has been really good so far.

  • http://www.thirstyofabap.com riv

    hi, what broker do you use? may i know your trading style? i am just new in forex just started trading in a demo account for a month and i am planning to start trading in live acct soon.

  • Jeff

    I trade technical analysis. swing trading.