Monday, January 19, 2009

Risk Management

1. Mentality

* Disciplined : Manage risk effectively
* Objective : Do not emotional
* Convidence : When to trade
* Systematic : How buy / sell signals
* Accept Mistakes
* Do Not ‘Gut The Feeling

2. Analysis

* Technical Analysis and Fundamental Analysis
* Learn the daily forex news and analysis of the professional currency analists
* Follow and understand the trend of the mayor currency pairs

3. Strategy

* Money Managemen Strategy
* Follow Market Strategy
* Do Not Fight Market
* Discipline The Day Trade Strategy
* Always Stick To Plan


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