Resolved Question
Before you begin trading, do you set a certain goal to reach? If yes, is it important?
over 2 years ago
Best Answer - Chosen by Voters
My personal trading rules are: 1.) Never be greedy. 2.) Never trade more than 2% of my account 3.) I will always trade smartly.
Setting goals is very important to protect my capital and to survive in the world of forex.
over 2 years ago
Answers (1)
Yes, of course. Planning your trading and setting a goal are both very important parts of my trading techniques. 'Plan your trade and trade your plan' is my personal trading motto. Actually, I learned that from BabyPips.com. It’s very crucial to follow the trading plan you created. If you set your goal at 45 pips then stick to it. Do not let yourself be tempted to be greedy. Stop when you reached the goal that you set for yourself.
over 2 years ago
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