Consider these 14 Secrets and Rules of Successful Forex trading

Consider these 14 Secrets and Rules of Successful Forex trading: 1. Your psychological state of mind is more important than your dollars: Never endanger your emotions in trading; go for what is logical.2. In bear markets sell the markets that show most weakness. 3. Don't ever try to pick absolute tops and bottoms: Don't just guess "this is the top or "this is the bottom". Develop or buy tools that help you in determining the facts. One of such tools is the Trend lines. 4. Trading runs in cycles. 5. Remember what type of trader you are and follow the rules of that specific method of trading. 6. Keep it simple! 7. Never ever add to a losing position. 8. Be patient with your profit targets. 9. 95% of traders are not disciplined and that is why they do not succeed. 10. Think, analyze, and create before the trade: always follow your plan. 11. Don't favour sides: Trading is about recognising long and short opportunities. 12. Trade a method that fits your personality. 13. As forex traders we can never know what price is too "low" and what price is too "high". Don't be afraid to join a trend.14. Know the personality of the currency you are trading. Each currency pair has its own individual "personality". This can be in terms of volatility, spread, average daily range, liquidity, specific patterns etc.