Forex trading has been a fascinating subject for me over the years and one that has been the source of considerable profits.
It hasn’t always been plain sailing so I started this blog to hopefully help other traders out there to make the best possible choices of all the tools they will need in their trading careers.
I’ve been successful at my trading for some very simple reasons. I call these my 5 Golden Rules and although some would disagree with these, they’ve always helped me in my trading.
5 Golden Rules of Forex Trading
- Not all your trades will be winners. This is a part of the game.
- Never risk money you can’t afford to lose.
- Success comes from long-term. One winning trade doesn’t make a trader
- Never risk more than 3% of your account funds on any single trade
- Make money management a BIG part of your trading