FOREX TRADING CHECKLIST

Pre-Trade Preparation

  • Review economic indicators
  • Analyze market news and events
  • Study historical price data
  • Set short-term and long-term goals
  • Determine maximum acceptable loss per trade
  • Consider your risk appetite
  • Calculate disposable income available for trading
  • Decide on initial investment amount
  • Consider potential losses and gains
  • Research and compare different brokers
  • Check for regulatory compliance
  • Read reviews and testimonials
  • Complete broker account registration
  • Deposit funds into the account
  • Verify account details and settings
  • Learn about different trading strategies
  • Combine technical indicators and chart patterns
  • Stay informed about economic factors

Trade Execution

Post-Trade Analysis

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