9 Unbreakable Forex Trading Rules to Avert Catastrophic Losses
The Foreign Exchange market's liquidity and accessibility come with high volatility, demanding disciplined strategies to mitigate risks. Traders must adhere to Core principles to transform speculation into calculated professionalism.
Capital management is paramount—limiting risk to 1-2% per trade preserves longevity. A robust trading plan, strict stop-loss orders, and emotional control FORM the trifecta of survival. Leverage, often a double-edged sword, requires judicious handling.
Detailed journals and multi-faceted market analysis turn randomness into repeatable processes. Realistic expectations curb recklessness, while overtrading remains the silent killer of portfolios. These rules aren't guidelines; they're the armor against financial ruin.
