Here’s a Timetable for Currencies Traders Approach 

Below are a few steps to follow if you’re looking to become a consistently profitable trader: 

1. Set SL & TP for every trade. (You need to know where you will pull the plug if the trade doesn’t go in your anticipated direction. 

2. Develop a trading plan and follow it religiously. (What things on market need to align before you enter the market with a sell/buy position) 

3. Don't risk more than 5% of your account balance on any trade. (There is no such thing as a definite trade, proper risk management will give you more opportunities in the market and after a series of trades you should be on a profit. You can't risk your whole life on one trade) 

4. Keep your emotions separate from trading. (The market doesn’t know or care about you. Be disciplined and follow your rules)

5. Never trade to compensate for your losses. 

6. Don't be afraid of losses, every trader has them.

7. To be profitable over time, your strategy needs to be profitable at least 50% of the time. Fx Goat Strategies are 80% - 90% Accurate, however, without risk management, you will end up blowing your account. It’s just simple market rules.

8. Keep it simple, if it doesn’t make sense it doesn’t make money. (edited)

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