Forex Popular phrases /TRADING WORDS OF WISDOM💞💞
🍬 Don’t bet your house.
🍬 Don’t marry a position.
🍬 Always be with the big fish.
🍬 Buy the rumors, sell the facts.
🍬 Buy from low, sell from high.
🍬 Don’t Stand in Front of a Train.
🍬 Don’t double up on losing position.
🍬 Understanding market correlations.
🍬 Plan your trade and trade your plan.
🍬 No one ever went broke taking a profit.
🍬 It’s never too low to sell or too high to buy.
🍬 Sit on your hands when you don’t have a clue.
🍬 Going Long – Opening a Bullish (buying) trade.
🍬 Buy from the demand zone, sell from the supply zone.
🍬 Let your profits run, but cut your losses short.
🍬 Cutting Short – To close a losing position early.
🍬 Going Short – Opening a Bearish (selling) trade.
🍬 In this business, if you’re good, you’re right seven times out of ten. You’re never going to be right nine times out of ten.
🍬 Markets go up the stairs and down the elevator.
🍬 Don’t let a winning position turn into a losing one.
🍬 Understanding how and why your chosen FX market moves.
🍬 Bulls Make Money, Bears Make Money, but Pigs Get Slaughtered.
🍬 Plunging – A price that’s sinking or falling from its previous value.
🍬 Don’t focus on making money, focus on protecting what you have.
🍬 Currency rallying – A price that recovers after a period of its decline.
🍬 The goal of a successful trader is to make the best trades. Money is secondary.
🍬 In this business, if you’re good, you’re right seven times out of ten. You’re never going to be right nine times out of ten.
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