If you don’t trade Forex, you work too hard!

Stay away from the people who belittle you. The truly great, will make you feel that you too, can become great.

Trading Rules

1. Initially set a goal 10 pips a day


2. Specialize in one currency pair


3. Keep a log


4. Sit on your hand unless you 'SEE' something concrete to do.


5. Don't buy too soon in a downtrend; don't sell too soon in an uptrend; currencies trend well.


6. Forget trading retracements when you catch the main trend.


7. Single versus multiple lots.


8. Learn, paper trade, demo, live.


9. If bias is to be short, think short - not long; if bias is to be long, think long; go one way or the other, but not both.


10. Currencies trend WELL! In uptrend,don't look to go short; in downtrend, don't look to go long.


11. Any one indocator like a hammer or spininng top may not be enough ammo to pull the trigger. Look around for more evidence of an impending shift in price direction.