I am professional Forex trader work for londoncitytrading.com, I have done three years research in Market Technical, still considering myself as a new to Trading, because it is ongoing learning process and market changes everyday.
Most of us trade for money, but I love the way price moves and all these movements are human emotions, I like challenges and everyday I analyze the Forex market and challenge myself, I found this very interesting, that's why I trade with passion and money follow itself.
Trading is a game of probabilities. You don’t have to be right every time. You just have to follow your rules.
Be aggressive in trending market and conservative in choppy market.
In trading, as in life, you need a plan. This plan includes not only the micro – a strategy for each and every trade you make – but also the macro – meaning why you trade, how you intend to reach that goal (your means to the desired end), and what you’ll do as an alternative if that doesn’t work out.
Know what you want to accomplish, how you intend to get there, and what you will do if it does – or does not – work out. Have a plan and stick with it. That works in trading, as well as in life.
Being wrong is acceptable, but staying wrong is totally unacceptable.
Being wrong isn’t a choice, but staying wrong is.
To play any game successfully, you have to have some skill, an edge.
But beyond that, it is money management.
Good traders manage the downside;
they don’t worry the upside.