Whether you are an experienced or first-time trader, there are certain patterns to follow that can separate you from being a profitable trader or one that loses money. In this video you will learn DailyFX’s top 3 tips to becoming a successful trader.

00:00 - Introduction
01:16 - Right trades vs Wrong Trades
02:05 - Prospect theory
03:38 - Reality of losing
04:06 - Money management plan
04:51 - Risk reward ratio
05:43 - Setting limits
05:44 - Aiming to achieve

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