The most important steps to become a successful trader

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In order to become a successful trader must have a sufficient risk capital, the loss of it (or parts of it) will not completely destroy your soul moral - should be able to deal with this ordeal calmly and this should not be to achieve your lifestyle in any way. Must have your mind in the market, not on earnings. Must focus on the task of exchange and must remain calm, to make trading decisions appropriate. Should not be used the last remnants of earnings ever for trading - responsibility and the pressure will be very big, and your mind Satoh about earnings, and not towards the development of the market, this potential errors would be great.
Trade defensively.
In football classes, the most important rule to play defense, not offense. Think about what he could lose the opposite of what he could earn. Forecast assumptions and plans ahead, instead of receiving it. Suppose for trading defensively, that Sakhalvk market. Calculate the maximum reduction possible. Set your stop points, if necessary, to be comfortable. Develop a plan to escape from the market. Then if the market moves against you, you're ready. Protect what you have.
Develop a plan and the related trading.
Should work every dealer on the development and systematization of his trade. He knew the curriculum, or trading model, it may be based on fundamental factors, or technical indicators, or both. Before you take any position in the market, make sure that your approach to trade properly and profitably. It is important to plan for the trade is to determine the amount of your loss of the center. If you reach that limit. Get out. Committed to your plan and avoid the desire to trade.
If you do not follow the plan, it not have any plan. You need to correct trading plan can be armed with the confidence that you will need a lot and you are facing trafficking under pressure. Fbotbaek specific directives, will reduce from Ojtmalat trade reckless. Do not follow the trading plan blindly, however. If you do not understand the market mechanism or if your balance severely emotionally disturbed, closed all your positions. And always chewed in Astratjitk not invest on the basis of rumors, this money is the owner who put him in danger. Do your studies before entering the market.
Control your emotions.
Always remember that all currency traders suffer from a high degree of pressure and sometimes suffer heavy losses. And living anxiety and frustration, depression and sometimes despair, this is all part of the game currency trading. To be able to become a merchant Ideally, you should learn the ability to control these emotions. Do not leave these emotions to take control of your trading. Temtg high concentration claim focused on what you do. Trade must be based on informed rational decisions, not on emotions and operator. We must learn to take the occasional day off a week and that will help the is tension Tqlbul town on a positive trend. If you work well, this is in itself a good bonus. If your business is not good, leave-taking will help to avoid the trauma and may help because the market sees a different perspective
If you're skeptical, get out of the market.
Doubts may sometimes appear that there is something wrong in your accounts or your plan out of the market is the only way for that, especially if:
1 - do not know what to do
2 - can not sleep at night.
Know yourself.
Need for a substantive nature and the ability to control emotions, in order to carry center and do not lose the desire to sleep. Although the discipline in trade could develop successful trader and make it seem edgy existence in the market centers. However, data are many exciting things happening in the market daily, so it takes a merchant firm opinion toward the center and the ability to stand above the short-term conditions, or you will change your mind and your situation every few minutes.
Not commit follies.
One important general rules is to keep you in your account balance at least double the money it needs marginal account for a particular center. Reduce the number of centers, if necessary, and to abide by that rule. May help you to avoid trade decisions that depend on the basis of the amount of money in your margin account.
Insulate your daily trading for the desired earnings.
Not hope to move much in favor of the center you in Vtjartk market so the fact that on the basis of hope. Although the hope great virtue in life, it is possible to be a major obstacle to the dealer. When hopes that entices market positions, usually violates senior observers and investors basic trafficking Qguagd
Do not configure the new ideas during working hours.
Must decide a basic plan of action, do not allow for fluctuations during the day that disturbs your plan. The decisions made during the day, be shown on the basis of price movement or the emergence of a story are often devastating. Formulate a plan key trade before the market begins or before opening any center, and then look for an appropriate time to implement the decision has been taken
Take a rest between each trading.
Successful trader commented. When I get to 90% of the effectiveness of mental I have started to achieve a neutral account. Anything short of that I have started in the loss. Taking comfort between trade and other Chaad on develop Moduaahllaswaq vision, and tend to give a new look to yourself and confirm the way they want to trade for the next several weeks.
Do not follow others.
When everyone starts to buy, they inevitably will take over sales later and quickly when they are most advisory services candidacy purchase, for example, successful trader is preparing to move to the parallel work or to take a sell position.
Do not listen to the opinions of others.
Do not make what others are saying affect your trading. Otherwise you will change your mind at every moment sometimes may affect you one view and make you regret not to keep your old position tastiest is now reaping dividends
Do not trade in many currencies in that one
Will tire yourself too much if you try to obtain information and entrances to several markets. Learn to know yourself, and dealer through this border
I hope that Tstfedo of these tips are untested

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