holiday forex trading hours
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50 FOREX TRADING MISTAKES TO AVOID
- Don't start big.
- Don't over-trade your account.
- Don't trade Forex for money only.
- Don't gamble.
- Don't trade if you don't know the market direction.
- Don't trade Forex without stop loss.
- Don't use Forex robots to trade.
- Don't subscribe to daily Forex signals.
- Don't be greedy.
- Don't be afraid to lose.
- Don't trade Forex without a trading plan.
- Don't listen to professionals.
- Don't be emotional with your trades.
- Don't wrestle with the big players.
- Don't throw back profits into the market.
- Don't trade on Sundays and Holidays.
- Don't be desperate to get rich quickly.
- Don't trade if profit potential is less than 100pips.
- Don't be generous with your stop loss.
- Don't trade with real money if you don't have a good and working trading plan.
- Don't be a 24 hours Forex trader.
- Don't use too many indicators.
- Don't trade if there is no opportunity.
- Don't use any profit-risk ratio that is less than 3:1.
- Don't trade with high leverage.
- Don't trade Forex with money you cannot afford to lose.
- Don't trade Forex full-time.
- Don't trade News.
- Don't engage in Forex scalping.
- Don't expect to make profit always.
- Don't be eager to trade.
- Don't trade the past.
- Don't join any trend mid-way.
- Don't trade everyday.
- Don't be indiscipline with your trading plan.
- Don't be too confident.
- Don't adopt others' trading method.
- Don't trade all currency pairs.
- Don't trade against strong supports and resistances.
- Don't follow the crowd.
- Don't expect too much from the market.
- Don't discard your mistakes.
- Don't engage in hedging.
- Don't average losing trade.
- Don't seek revenge against the market.
- Don't try to take advantage of the market.
- Don't buy after a rally in price.
- Don't sell after a pullback in price.
- Don't stop learning.
- Don't quit Forex trading.
About the Author
Popoola Rasaq is a seasoned Economist and experienced Forex trader. He is the founder and owner of http://www.forexseed.com. He and his associates operate Forexseed Managed Forex Account Program where he acts as trading agent for several Forex traders, high net-worth individuals, banks and other institutions using his five-way test trading strategy. He also provides various educative and informative articles as well as free daily technical forecast on http://www.forexseed.com/. Send your questions or comments to him at ceo@forexseed.com at ceo@forexseed.com.
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Forex Video | New York Session Review | December 29, 2008

