Most of the traders start trading with over confidence and some without confidence, but in forex trading if we want to get success then we have to be confident and have to trade with discipline. But what and how?
Confidence generate from
- knowledge of forex Education so learn technical, fundamental analysis, risk management
- Proper demo practice : demo practice can develop our market knowledge and trading skill.
- Making continuous profit (small or big): small profit also accepted if necessary.
Discipline
- it is nothing but trading with specific strategy
- Never open trade without any analysis
- use proper risk management at every trade
- never open trade with emotions ( greed and fear)
Note: Don't make your strategy too complex, simple strategy always makes better profit
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