You are not required entry position every day. Take a position when you see there is a good moment to enter. If there is not a good moment and signal indicators do not provide a good confirmation, you should not take trading positions.
10. Cut loss was necessary.
Cut loss is your closing losing positions because the price of the opposite with your analysis. Do not hesitate to cut losses if after you return analysis was indeed the price moves against the previous analysis. If it is your decision to cut losses true, then you avoid greater losses. If it turns out you're wrong decision, at least you've reduced losses at that time. Learn from the mistakes you've made. Remember, traders who fail are not traders who dare to cut loss, but the trader is a trader who failed to hit the auto cut because it does not dare to cut loss.
11. Take advantage of the free signal.
In forums such as facebook, twitter, blogs and others, many of which share a free forex trading signals. It can use as a second opinion in the decision making of open positions. We recommend that you test the accuracy of the signal using the free demo account before trading in a real account.
12. Never stop learning.
The novice trader usually assume that forex trading is easy, so it is not serious in learning forex again. By continuing to learn forex, you will get to know the ins and outs of the world of trading. Because the trading world has no limits.
So a few tips on how to learn to minimize risk in online forex trading. Hopefully useful and can improve your trading skills so that you will get profit.
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