Before do forex, traders have to prepare themselves exactly. The mistakes that made can only make them loss. So why don’t you prepare for the best?
The first thing you do first is making a good plan. Find out a whole pictures then plan a trade and apply it with discipline.

1. Mentality preparation.
   Trading need a stable mentality. If you get involved the emotion, the result is useless.
2. Set risk level.
   You have to set the risk  that is accepted. If you failed that day, stop trading and try to be better next day.
3. Set the goals.
   You have to set the realistic goals. Once it is reached, stop it and try to be better next day.
4. Get the information.
   You need to gather all the information from the internet about fundamental issues, business and finance and also find out the possibilities that will happen and what to do at the right time.
5. Trade preparation.
   You have to prepare your computer and internet in a good condition. If there is trouble, fix it first. Small mistake can influence the result.
6. Set exit rules.
   Exit more important than entry. Don’t be greedy if you are in a good position and don’t be afraid to cut loss if you are in a bad position. Always use stop loss.
7. Set entry rules.
   You should decide the right time for entry position. Don’t be hesitate to click. If you make profit or loss don’t be emotional in order to ease the trade next session.
8. Keep excellent record.
   The successful trader have a good records. If win they write down and they do so when get loss. Trading is a business and business needs administration.