Posts Tagged ‘milestones’
Be Consistent in Foreign Exchange Trading
The important thing to keep in mind in forex trading is the consistency. You’ve got to be consistent with your technique at all times. Far too frequently traders jump from technique to plan, they get discouraged or too thrilled about a system. But all it is doing is set you off course. You have to have milestones you should achieve and persistently follow them. Don’t get diluted with fancy systems and don’t jump around. Choose one and follow it. Tweak it and adjust it, and dump it only if it is’s really hopeless. However, be aware that one loss doesn’t make a tactic worthless. Even a few successive losses don’t discard a strategy. All that matters is the profit at the end of the month.