7 Keys for lasting profits in forex market

7 Keys for lasting profits in forex market: 1. Get Quality Training in both Trading and Risk/Portfolio Management. Most people fail in forex trading because they only after the profits they would make than the quality training that will make them perfect in the trade. It is advisable you spend money for quality training since it is an investment that has some risks. These training programmes are recommended: Risk/Portfolio management, Trading systems, Psychology of Trading, Key Technical and Fundamental indicators for Trading Decisions. 2. Get a reliable and proven trading system. 3. Develop a trading plan, set achievable goals and stick to them. 4. Do not trade more than 20% of your accounts equity. 5. Do not increase your lot size until you have withdrawn your initial capital and grown it back. 6. Avoid over-trading. 7. Be sure you have successfully and profitably managed your own money before taking on managing others' funds.