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 1 month 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
    • 98

    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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