Follow others trading idea
I do not think that it is a good idea to follow others trading idea. It makes us confused. And sometimes greedy also which is very bad for trading. The best idea is to find out what suits you. Which type of trading is best for you. Then make a strategy that suits with your trading personality. Forex is a long term business. So we can't stay long by following others. I do my own trading at Eurotrader broker because of their tight spreads. I really amazed by their customer support.
Always try to measure your trading performance at a certain time. If you find any lacking, then recover it as soon as possible because it is the spell of surviving in Forex for long. Eurotrader is an ECN broker that incorporates a smart bridge technology, which makes trading smoother.
Use forums to seek adivice from experts. We have to apply those earned advice on demo account first and thus we can develop a better technique for us. We can view posts on forums because they are of vital source of knowledge. Eurotrader not only allows traders with a free educational program but also with a reliable trading interface.
You have to be logical about trading because when analysis is placed, reasons are considered. Don’t open many trades at a time because it will frighten you by lowering your equity. Eurotrader not only allows traders with narrow trading spread but also provides narrow trading spread.
Make your learning cogent o you can be benefited. There are hundreds of video tutorials available on youtube by watching which you can flourish your trading basic. There are several e-books also available online. Eurotrader offers traders a free educational program.
But it's tough to know which one is good so it better is to follow a broker's analyst or account manager like if you follow the TP Global Fx broker's account manager then you don't need to learn a lot.
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