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Psychology of Forex Trading
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Monnex

Member Since Nov 15, 2015  44 posts Monz (Monnex) Dec 18 2016 at 08:03
Here we will talk about how to plan your trade and what to do before, during and after

The Worst Enemy Is The Time Taken To Find A Good Signal To Trade on
carl54

Member Since Dec 19, 2016  4 posts carl54 Dec 19 2016 at 14:46
There are many strategies which we can use while trading, but we need to know that all strategies will not work in each and every trade.

Monnex

Member Since Nov 15, 2015  44 posts Monz (Monnex) Dec 21 2016 at 08:06
adam4 posted:
@Monnex Well, you should give us some of those strategies. I really need them


i didn't mean strategies trading

what i need to tell you how to prepare or dealing with your own strategy

lot of people make lot of mistakes while trading if they fix it they will be profit in Forex market

The Worst Enemy Is The Time Taken To Find A Good Signal To Trade on
Monnex

Member Since Nov 15, 2015  44 posts Monz (Monnex) Dec 21 2016 at 08:06
Forex Psychology: If you want to profit from your trading don't do 7 mistakes

1- Trade too much

2- Risk too much

3- Thinking too much

4- Reading too much news & analysis

5- Gambling

6- Trading without strategy

7- No money management

The Worst Enemy Is The Time Taken To Find A Good Signal To Trade on
Monnex

Member Since Nov 15, 2015  44 posts Monz (Monnex) Dec 21 2016 at 08:06
Don't think that professional traders are more smart than the others but they commitment to their rules & strategy

The Worst Enemy Is The Time Taken To Find A Good Signal To Trade on
Monnex

Member Since Nov 15, 2015  44 posts Monz (Monnex) Dec 21 2016 at 08:22
If there is no good signals to trade so don't risk and lose your money

The Worst Enemy Is The Time Taken To Find A Good Signal To Trade on
PriceAction13

Member Since Oct 08, 2016  28 posts PriceAction13 Dec 21 2016 at 10:02
Monnex posted:
Here we will talk about how to plan your trade and what to do before, during and after


I don’t switch on my trading terminal directly without 15 minutes meditation! Honestly, this process helps me for being a successful Forex trader! I make prepare my neurons before opening my chart by meditation! In addition, obviously I have a specific daily trading target that I try to fulfill, it not then I want for next session! Thus I handle my live trading!

To change your trading result, just change your thinking.
CrazyTrader

Member Since Nov 21, 2011  1647 posts CrazyTrader (CrazyTrader) Dec 21 2016 at 10:09
PriceAction13 posted:
Monnex posted:
Here we will talk about how to plan your trade and what to do before, during and after


I don’t switch on my trading terminal directly without 15 minutes meditation! Honestly, this process helps me for being a successful Forex trader! I make prepare my neurons before opening my chart by meditation! In addition, obviously I have a specific daily trading target that I try to fulfill, it not then I want for next session! Thus I handle my live trading!


I have already heard about meditation before trading.
I would be interested to know what you do exactly.
your process...

You love my free signals... Like me on fb : )
Monnex

Member Since Nov 15, 2015  44 posts Monz (Monnex) Dec 22 2016 at 09:15
traders think emotionally that he will be millionaire from forex by investing low balance account and high risk orders

most traders open trades with no reason or good signals and no calculation of how much they will lose

The Worst Enemy Is The Time Taken To Find A Good Signal To Trade on
naiza

Member Since Aug 09, 2016  36 posts naiza Dec 22 2016 at 13:53
Monnex posted:
traders think emotionally that he will be millionaire from forex by investing low balance account and high risk orders

most traders open trades with no reason or good signals and no calculation of how much they will lose



In this business calculation is necessary. You must draw your goal of gain but also take what can be the margin of loss to not have a bad ending.
That's trading are wisdom.

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M3 Money Supply (59 min)
EUR/USD neutral near term, likely betwee...(12 min ago)
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.