Creating the balance in your trading strategy

[Judy Mank]

A lot of forex traders are so obsessed about making profits in the forex, that are use very aggressive and profit poses techniques or trading strategies they mistakenly in the hurry forget to protect themselves. They are so engrossed with the lucrativeness of the forex market that they forget that the forex also harbours some venoms which infests many careless traders. To make it in the forex, you must take your time to create a balance between attack and defence- just like the tactical side of a soccer game. If you are chasing the pips, don't forget to protect your margin. However profitable a strategy seem, look at the risk involved, to win the pips in forex, you must also learn to defend your margin measurably as well. To score a winning trade, you must learn to protect you have first.