1. Discovering which type of trader are you.
This is overlooked mainly by newbies because, with time, traders begin to be more self-conscious and they start developing a “trading personality”.
2. Confirming and rechecking your orders.
Online Forex Platforms are so cool and easy to use right? Right. However, this user-friendliness makes it easier for you to commit mistakes.
3. Taking advantage of the “Lows”
You see all kinds of fancy charts and indicators on the Forex World. When you see Forex videos you can even see some Forex Gurus with 4 monitors full of numbers on display – impressive.
4. Having an investment plan
This is a point that doesn’t need much explaining. There are tons of traders out there that simply don’t plan their investments.