OANDA:AUDUSD   Australian Dollar / U.S. Dollar
in forex you cannot control the results you cannot control how,where the markets goes after you open a position ...but you can control your stop loss you can control your risk
how?
by tyming your entry,ensuring that you have a good stop and an uttainable take profit...
before you open a trade there are only two results that awaits you a gain or a loss ,but u can control both ....
before opening a trade ask yourself what do you want? what are you willing to give?(everything has a price)
how much are you willing to give?....
once you find a set up and answer the above questions place your trade then go to vaccation,make babies,play ps,eat ,drink alcohol after all your risk is less than the reward....
place this trade in your demo and do it like i do.....
i do not give a f**** about news or what president so and so said ....
i place my trades and move on
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