Make a timetable
Open several demo accounts
Keep learning
Study psychology
Read news
Develop the analytic inside
Trading with Forex is not as easy as Hollywood would want us to think. How does an average person think of trading? A lot of well-dressed man in a big room trying to buy and sell stocks? It seems to come easy and natural for them. But only a small amount of people know that trading is one of the most stressful jobs in the world. Most of the traders are retired by the time they are 35.
But in the present time, there is a great possibility to arrange for oneself a good trading atmosphere at home. There are only a few things that the amateur trader must know.
When getting into trading it is very important to remember, that there is no such thing as “I know it all already!”. Being a trader means always being in the know and never not learning.
A lot of people think that you must be some kind of genius to trade. And it is said not to offend anyone but trading really doesn’t require any special knowledge of math or economics. Although, having that knowledge will never hurt those in this business.
With trading plans on the horizon, there is only one MUST – an analytical mind. Being resilient and calm by nature are also very important as well. For every trading session to be successful there is a list of things that can be done every day: