Some traders behaviors leads to account blow.
- Overtrading
- Poor risk management
- Poor risk-reward ratio
So you should do:
Overtrading: Create a trading plan with a maximum trades per day and per week to limitate yourself of taking too much trades.
Poor risk management: Set a maximum risk per trade Pr-set prioritize capital preservation.
Poor risk-reward ratio: Find trades with potential profits that exceed potential losses.
That's the basics of forex, if you don't do that, you have poor probability of winning.
- Overtrading
- Poor risk management
- Poor risk-reward ratio
So you should do:
Overtrading: Create a trading plan with a maximum trades per day and per week to limitate yourself of taking too much trades.
Poor risk management: Set a maximum risk per trade Pr-set prioritize capital preservation.
Poor risk-reward ratio: Find trades with potential profits that exceed potential losses.
That's the basics of forex, if you don't do that, you have poor probability of winning.