Trading experience

Apr 10 at 07:28
204 Views
5 Replies
Member Since Apr 09, 2024   12 posts
Apr 10 at 07:28
I agree with a teacher's sharing. Why do most traders often lose money?
1. Lack of mature trading systems and rules.
2. No good trading habits have been formed.
3. Lack of mature trading concept and mentality.
The first thing to realize is that when you make a transaction, you may be wrong, so you must know what to do to correct your mistake.
If you rely on your own subjective judgment in trading, you may find that you are timid when you should be brave, but you are brave when you should be timid. If you have a trading system and rules that can make a stable profit, and you follow this system conscientiously and strictly implement the trading rules, then your trading will make a good profit, and the system will help you get rid of the inner struggle that comes from a long series of losses or huge profits.
Member Since Dec 28, 2023   25 posts
Apr 10 at 15:46
Well said. Trading isn't just about having rules but also about the psychological strength to follow them, especially after losses.
Member Since Apr 09, 2024   12 posts
Apr 11 at 06:03
Only after failure will we look for reflection and summary.
Member Since Apr 09, 2024   7 posts
Apr 12 at 06:22
Anyone who has experienced it will believe that what you say is right.
Member Since Apr 11, 2024   8 posts
Apr 12 at 06:28
Being right is one thing, and being right is one thing.
Member Since Apr 08, 2024   21 posts
Apr 19 at 15:47
Agreed. Trading success often hinges on robust systems, habits, and mentality. Embrace correction and discipline.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.