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Have a firm plan -- and stick to it
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Know that Trades are Business Transactions
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Calculate your Rewards/Risks before you trade
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Keep your Limits/Targets realistic
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Use Support and Resistance
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Online
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Forex Training Learn To Trade Currency Like A Professional Trader! Sign Up Right Here For A Free Forex Lesson. Curency Orders - What Are the Different Types?
Entry Order - This order remains inactive until a certain price has passed -- at that time the order is activated as a market order.
Limit Order - Buy or sell a pair to close a deal, usually only at an acceptable return.
Market Order - When you buy or sell a currency pair immediately at the best current price.
Stop Order - When you buy or sell a currency pair that is set to close a trade at an acceptable - minimal - loss
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