Forex Popular phrases /TRADING WORDS OF WISDOM

Forex Popular phrases /TRADING WORDS OF WISDOMπŸ’žπŸ’ž 🍬 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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