#1
Outline your motivation.
Decide how much time you can commit to trading.
Define your goals.
Choose a risk-reward ratio.
Decide how much capital you have for trading.
Assess your market knowledge.
Start a trading diary.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#2
Make a plan that we can adjust to the unpredictable market conditions.Originally Posted by syvellevy
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#3
One of my trading plans is to never risk more than 5% of my trading capital.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#4
It is also important to place an order based on technical analysis and incorporate trend and volume indicators.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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