Forex Videos

This video gives Swing trading tips for beginners.
1. Always use a simple strategy when you are starting out. Complex strategies can be too overwhelming and confusing for beginners.
2. Always use Stoploss orders. This is the biggest reason why traders lose. Don't make the same mistake.
3. Trade both directions. The best opportunity comes from trading both sides of the market.
4. Keep your Risk to Reward ratio 3 to 1. This ratio keeps you trading profitable and produce positive expectancy.
5. Don't trade in a vacuum. Follow key announcements and keep track of major trends.
6. Use Market Sentiment indicators.
7. Always go with the main trend. Its less risky, less surprising and with better profit potential.
8. Don't impose your will on the market. You cannot control financial markets. Markets do not care about feelings.
9. Be careful paper trading. Paper trading does not involve emotions and emotions are difficult to control for beginners.