Trade execution decisions

[Gee Dee]

Trade execution decisions need to be carefully made. Before a foreign currency exchange trader can go for investing in trades, he must try to know what trades are suitable for him. We can’t deny the fact not all the currency pairs are exotic here. A trader must try to choose those currency pairs that are constant in personality. As a risk adverse investor I favor to trade major currency pairs.

 

[anna.serea]

Yes, I agree with your post. Indeed when the process is in the field, sometimes does not fit with the theory. but it's all as self learning.

[earnmaster]

Intrinsic volatility is to be gauged before trading in any currency pair. Also look for macro events that are there in the future and trade accordingly. Subscribing to news portal on forex can help in decision making a lot. 

[uncle gober]

Traders also need to be able to have passion trading, this is needed so that traders can be more leverage in generating profits while on a real account to be able to survive in order to manage existing trading activities well.

[bearhugs]

You must properly assess the daily Average True Range and use a stop loss which will allow some typical volatility without constantly stopping you out. There is no one size fits all stop loss size that works for everyone. Do what works for your system.

[earnmaster]

Always gauge risk reward before getting into any trade. The ratio should be atleast 1:2 in favor of reward. Also consider how much you can loose before jumping into any trade. 

[uncle gober]

the risk will always be in everything, that's why traders must be able to be more leverage in running trading and be able to continue to evaluate the existing trading system properly to increase it to be even more optimal.