September 20, 2007

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.

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