Fx rules continues

(3) Do not gamble
Forex trading involves a substantial amount of risk. So, don't stake your car, house or hard earned belongings. Invest the amount of money that would not make you go bankrupt.

(4) Be yourself
One of the most important tools of fx trading is self-confidence. You must be independent in your decision to enter or exit a trade. Do not always follow the crowd. Although, you may listen to genuine contributions of friends or co-traders who knows what is going on in the market.

(5) Walk before you run
You should try to learn all it takes to be a billionaire trader. Demo trade for some time to test your capabilties before going live. It is very important for you to learn how to walk before you start to run.

Basic rules to a successful forex trading

Before you make the first order, don't you think it is necessary to learn the basic rules that would make you a billionaire forex trader.

Following the rules below makes it easy for you to make all the money you wanted:
(1) Be disciplined
This may look hard to follow but I bet you it's the .most important of all.
With this golden rule, you'll not be following the crowd but stick to your winning strategy when you are in the market.

(2) You must ascertain why you trade
There are numerous reasons why people trade the forex. Some trade because they have financial problem, some because of its fast pace and others because of the volume of money available in the market. whatever the reason you have, you will be successful if you know why you trade.