| 1. Choose your currency pairs |
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| 2. Decide how much risk you are willing to take and how much you want to gain |
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| 3. Track the time and date you placed the trade. |
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| 4. Keep notes describing your strategy and why you chose to enter the trade. |
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| 5. Decide how long you want to stay in a trade (hours, days, weeks, months). |
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6. Why did you exit the trade? Was it at your stated stop or limit level, or did
you get out for other reasons, etc.? |
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| 7. Experiment. Remember, you want to make your mistakes on the practice account - not with real money! |
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