* Have a concrete trading plan
* Always stick to your trading plan
* Never under any circumstance over trade
* Never to pay much attention to what an “Expert” believes price will do in the future, He has no idea.
* Don’t believe the news, believe the price action
* Always use solid risk management
* Trade with the trend, it is your friend after all
* Make sure your strategy has a good chance of being profitable after the spreads have been paid
* Make sure your strategy can comfortable survive a bad run of trades
* Choose your forex broker wisely
* Do your very best to leave emotions completely out of your trading
* Double check your orders to ensure there are no mistakes
* Never try and find the strategy that is the “holy grail” you won’t find it
* Don’t even consider trading live until you are confident you have a good chance of succeeding
* Never think trading is easy
* Don’t waste your money buying other peoples strategies
* Be very skeptical about any training course. The vast majority of forex training courses are less than stellar.
* Spend time reading forex forums online. They are free and contain a lot of useful information
