This is definitely not something to be afraid of. I think it is important to understand that during the work a trader constantly updates his knowledge and most importantly - the level of qualification.
I experienced this first when I started. Now I realize opportunities come and go, there will always be a new train arriving!
dzonn posted:Same here, buddy! A lot of opportunities come and go, the right ones should be identified and utilized in a proper manner.
I experienced this first when I started. Now I realize opportunities come and go, there will always be a new train arriving!
Leonor_Lou2
Member Since Jan 23, 2023
18 posts
Jan 24 at 04:45
FOMO is the fear of missing out on an opportunity, and it is bad for trading decisions.
CarlenSharon
Member Since Jan 23, 2023
1 posts
Jan 25 at 04:07
Don't let FOMO cloud your judgment in the forex market - stick to your trading plan and trust the process
Just like fomo, but it is best not to feel like that. Like the user above me said, don't let it cloud your judgment and stick to your trading plan as always.
electrica333
Member Since Aug 17, 2022
74 posts
Jan 30 at 12:17
reggae posted:I had this fomo before but it got overcome with time and experience. Now I just follow my trading plan.
Just like fomo, but it is best not to feel like that. Like the user above me said, don't let it cloud your judgment and stick to your trading plan as always.
Since there are many opportunities in forex, even if a trader misses one, another one will come along soon. Traders should mainly focus on improving their strategies.
AharonGorion
Member Since Feb 25, 2019
10 posts
Jan 30 at 15:05
Eloise posted:
Since there are many opportunities in forex, even if a trader misses one, another one will come along soon. Traders should mainly focus on improving their strategies.
This is very true for intra day trading on the shorter time frames but on the longer time frames it is less true. On the daily time frame, you may need to wait months or years before the next opportunity
trading can be a easy part if you have good trading knowledge and experience, you will loss of course but will be profitable in that time also.
I am still struggling with this, sometimes take a trade that has deviated from my strategy best pricing
Tradelist45
Member Since Jun 26, 2020
310 posts
Feb 02 at 03:51
Loss is an inviable part of trading that cannot avoid after passing a long time , but when we making loss , we lost control and trade over and over as a result we become loser ultimately and blame this market place.
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