In my experience, patience and regular practice are two of the best tips I can give for becoming a successful trade. I have personally applied this and experienced a significant difference.
successful trading comes from long time experience and with money management . so we have to keep a patience mentality first of all.
after having most powerful analyzing trade knowledge there is no way to stop practice , its a continues process.
Imo, there are no tips and tricks to trade forex. There are no shortcuts. And the tricks I might be using might not work for you. It is better to go the longer way for achieving the success in the long run.
this is so true that there is no short cut in there. you have to word hard by learning . and then you will be able to bring good amount of profit.
You can follow the systematic path step by step, but you’ll need to learn and create your own trading plan and strategy accordingly for which there are no shortcuts or tricks.
Having detailed knowledge of the forex market helps in surviving it. The concept of forex is very vast and it is impossible for anyone to understand the market in a few days or weeks.
Have patience. Don’t follow the herd mentality, developer you own. It will save you both money and years.
Some of things that help me in my trading journal - Regular backtesting Maintaining a trading journal Have a clear plan and abiding to rules, no matter what Working on my risk & money management Not comparing myself to successful traders, instead learning from them.