Why Do Most Forex Traders Lose Money?
['Nial Fuller']
Learn To Trade The Market
The only time you should increase your risk per trade is if your account value increases, never increase risk per trade just because you feel “totally certain” that THIS trade will work out, because as we discussed above, YOU DON’T KNOW if it will or not. When you learn one effective trading strategy like price action, and truly master one Forex trading strategy at a time, you will largely eliminate the problem of fear and second guessing your own trades. This is assuming you will commit to effective Forex money management, because if you are properly managing your risk on every single trade, there is just no way you can make enough money to live on if you don’t already have a lot of money to trade with.