Things you generally do before starting up trading?

MoneyTec Forums Binary Options Strategies Things you generally do before starting up trading?

This topic contains 3 replies, has 4 voices, and was last updated by  FXGuru 3 months ago.

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  • #1684

    varapau
    Participant
    • 14

    The tipping point of any business is to start it right, as that sets the tone for everything else! What is the starting way of your day for trading? I like to keep myself relaxed and have the comfortable atmosphere, as I know how much it hurts if we are not focused.

    And then, it is to figure out the strategy to use and analysis properly for 15-20 minutes. And only after everything is on the mark, it should be our way forward to do trading in order to have successful time!

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    #1706

    Don Juan
    Member
    • 11

    To be very frank, I do nothing much. I just do trading following the news, as I feel that is very much enough. But everyone is on own thing and should work according to how they are comfortable. I believe that is the ONLY way forward towards gaining sufficient results and avoid anything unnecessary. At least, it has worked for me with helping on the gains.

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    #1774

    McCoy
    Participant
    • 13

    Well, I don’t really do anything which I can call different or special. I just check sites like Bloomberg and Investing, as to see if there is any major news or what is the update related to the pair/currency I am looking to trade on.

    Once I read up all that, I go with checking indicators like SAR, and then finally I go ahead with the trade. But in between, I make sure to have good risk/money management level!

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    #2156

    FXGuru
    Participant
    • 115

    It is very important for us to think properly before trading, as there is no way we will be able to perform IF we are not careful with our approach. I am always very careful, and it’s easier with FreshForex. They have brilliant Rebate program, where I can get upto 20 USD per lot size trade, and that even if lost, so that makes it all so very cool!

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