If you're not greedy you will be a consistent profitable trader.

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Avatar for Vicefx
Written by
2 years ago

(1). Always take profit 10 to 15 pips to hit your TP Target and watch the chat after taking profit.

(2). Don't trade during news event if you're not a professional trader. The spikes during news are always very huge it can blow small Accounts

(3). Use 0.01 in 50$ Account to 100$ Account. Use 0.02 in 200 $ Account use 0.03 in 300$ Account

(4). Don't be in hurry to make millions from the forex market

(5). don't open multiple positions

(6). Risk management is the key to success assume you don't have any more money if you blow up the account so do everything possible to keep the account save in other to achieve that goal use proper risk management, risk 20 pips to make 50 to 60 pips profit.

See you in blues

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Comments

Thanks for the tip.

$ 0.00
2 years ago

It is important not to be greedy in trade. Otherwise, we will be out of what we have.

$ 0.00
2 years ago

Yes fam, always secure profit that is very close to TP area close the chart and watch it

$ 0.00
2 years ago