I used to lose a year because I was looking for answers to those problems!
But now, with my very simple trading method, I have created a stable income! The way for newbies do not lose money during this period is to practice with a demo account. Create confidence before starting with live account. However, if you have the ability to synthesize good news, that is very good for your transaction.
Maybe I'm a lazy man, so I accept a certain percentage of loss orders instead of spending a lot of time researching the information. This will reduce the number of winning trades, but overall, I still get what I want.
There is another problem I have not mentioned above, which is to choose the appropriate time to execute the transaction! I usually make orders in the New York session.
That is very easy to happen! :))
I used to lose a year because I was looking for answers to those problems!
But now, with my very simple trading method, I have created a stable income! The way for newbies do not lose money during this period is to practice with a demo account. Create confidence before starting with live account. However, if you have the ability to synthesize good news, that is very good for your transaction.
Maybe I'm a lazy man, so I accept a certain percentage of loss orders instead of spending a lot of time researching the information. This will reduce the number of winning trades, but overall, I still get what I want.
There is another problem I have not mentioned above, which is to choose the appropriate time to execute the transaction! I usually make orders in the New York session.