The tips on working the market throughout this article are easy to follow and makes sense. The author gives subsequent links to give extra information on certain concepts. The first tip is to be mindful of the price difference from the buyers and sellers. He suggests keeping trades competitive and limiting the number of trades. Tip number two and three are to be patient and confident in your strategy. The fourth tip suggests treating portfolios like a hedge fund and to understand the risks taken with each trade. Tip five is the easiest to follow; continue to learn your craft.
Key Takeaways:
- Whilst I can’t give you every ‘secret’ in one article, the following tips are some relatively easy things you can do to actually give you a much higher chance of success.
- I understand the ‘itch’ you have to make money fast in the market, but what you have to understand is that you do not make money fast by trading a lot.
- The number one thing you want to avoid, is ruining your trading edge by over-trading, or trading when your edge isn’t there.
"I am a person who never stops learning."
http://www.learntotradethemarket.com/forex-articles/can-you-really-beat-the-market
Originally published at Can You Really Beat the Market? Here Are 5 Tips that Will Give You an Advantage
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