For me, I would say:
- Learn, learn and learn so that you can get better in time
- Always use stop loss to avoid dealing with nasty losses
- Don't let the emotions get the best of you while you trade
- Money Management to maximize the profits and
- Risk Management to minimize the losses
Great list! Couldnt agree more about proper plan one.
- Do have sufficient knowledge of Forex market.
- The market keeps changing so do a continued research of it and make strategies accordingly.
- Learn about risk management and money management.
- Maintain trading journal.
- Keep your emotions out.