Milad.Trader

How to avoid losses

FX:EURUSD   Euro/U.S. Dollar
130 0 7
1. Never predict the market!
2. Never add orders in loss and in profit!
3. Never be sure!
4. Never change the risk MM!
5. Never trade 2 and more corelated pairs in same way!
6. Never execute manual order before touch the SL!
7. Never try fast recover the losses!
8. Never trade London break outs!
9. Never scalp 2-5 pips with no stop loss!
10. Never trade martingall!
11. Accept the loss and run away from PC when is bad day!
12. Never run EA's if you don't know the principe of EA!
13. Never run EA             before you try on demo at least 1 month!
14. Never trade against the trend or think that trend will change because your order!
15. Don't look the candles while you have opened trade!
16. Do not trade with passion, trade boring and without improvisations!
17. Do not read other analysis from"professional traders"
18. Do not trade with forex factory news results ( green buy, red sell)
19. Do not run for trends in London session, ask for trend when english "craws" will run away home (after Dow open)
20. Learn to trade only on real account with small money and lower lot size!
21. Try to be successful in longer period(month,3 months,year) do not run to be profitable every day or every week.
22. If you are investor always ask for real proof for more than 6 months statement!
23. Never be smartest!

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