Originally Posted by
raforex
Rule #1: Do your own research before entering into a trade.
When it comes to trading, and oddly enough, many other things in life people are so quick ask others what to do. Unfortunately, there is no market in the world that is going to reward you for being lazy and just following advice from someone else. Think about for a second, if you are getting less than quality advice from someone who hasn't even done their homework, where does that leave you? Even if this person has done their due diligence, chances are they might have completely different objectives and strategies than you. In that case, his strategies might not benefit you at all.