How to Avoid the Top 10 Most Common Forex Mistakes
Hi guys, I just want to share with you the top 10 common mistakes to avoid as a forex trader.
1. Do not be over confident because you have had a few winning streaks. ALWAYS stick to your plans and avoid getting emotionally involved in your trading decisions (This is where Psychological Analysis plays a major role)
2. Be well grounded in your knowledge of Technical and Fundamental Analysis and don't get carried away by those hungry vendors out there who want to sell their systems.
3.Do not use too many indicators. Use preferably 2 or 3 indicators. The simpler, the better.