Learn to Manage your trades effectively – If you want to succeed at Forex trading, one absolutely essential component is effective Forex trade management. I like to trade off the daily charts, and I teach my students to do so as well, so checking on your trades once a day after the current trading day closes out is a good stress-free way to manage your trades. The process of recording your trades will turn into something you enjoy, and as you see your discipline pay off through your trading journal, it will act as positive reinforcement and you will not want to “screw up” your track record by acting emotionally, because even one emotional trading decision can ruin months of disciplined trading.