100 golden trading tip's

Tip # 102 - Why did you get into trading in the first place -- is it to time the market or to build capital? Once you get that, you start making money.

They say knowledge is power. The most important thing you can do is learn and never stop learning. At any point where you don’t understand a particular point, stop and go research that specific point until you do understand it.

Have a method and stick to it, otherwise, professional traders would exploit you who make trading decisions based on emotion.

Knowledge is the biggest asset for any traders. If trader can learn well, then he can read the market condition and then he can earn from here. Trader must have patience to gain from forex. He should follow discipline in forex.

A great tip we should always remember is what Warren Buffett said which is 'Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it".

Knowledge and skills are the most powerful important for this business. If you can learn gain knowledge with practicing of learned concepts then you can get skills for earning. Developing mind with proper plan, can make huge difference in this business.

A good trader needs to be patient, but also quick-thinking and adaptable. It’s a difficult balance to achieve.

Regarding learning from your mistakes, the best thing to do is to learn from the other guy’s mistakes. Don't be the victim, be the victor.

Losing traders spend a great deal of time forecasting where the market will be tomorrow. Winning traders spend most of their time thinking about how traders will react to what the market is doing now, and they plan their strategy accordingly.