Very Important You should Know as a Trader.

　　Click Here After You Read: Pay It Forward, Trade the possibilities with wikifx.

　　If you're a new trader, don't look for a broker to trade with; instead, look for a book to read.

　　We advise you to educate yourself before making any investment decision; it took us several years of learning and practicing on Demo accounts before noticing profitable results and beginning to trade on a real account; therefore, regardless of the amount of money you intend to invest, you must educate yourself. We also advise you to never risk more than you are willing to lose, and to keep risk as low as possible.

　　These are the most critical steps to take in order to succeed as a trader.

　　1-Education: You must educate yourself in any way possible and acquire as much information as possible in order to comprehend how the market operates.

　　2- Practice: You must practice your strategy extensively and back test and demo test it repeatedly until you see positive results for a specified period of time.

　　3- Patience: You must exercise patience while studying, practicing, and trading the financial markets.

　　We recommend that you have a:

　　1- Trading strategy

　　2- 2- A risk-management strategy.

　　Prior to commencing trading.

　　A trading strategy should include the following:

　　1- A straightforward strategy for conducting your analysis.

　　2- A set of rules to adhere to when searching for confirmation/setups.

　　3- Entry/Stop/Target Entry/Stop/Target Entry Rules

　　A risk management strategy should include the following:

　　1- Preferred risk level for each trade.

　　2- Optimal risk-to-reward ratio.

　　3- Preferred maximum drawdown.

　　Please keep in mind that the preceding perspective represents our assessment of the market; we assume no responsibility for your own actions.