We should not think
We should not think or set goals unrealistic profit goals. A trader goals should be based on your skills. How much return others are getting that should not be a trader concern. If you are able to make 2%, that should be your goals. Our skills and expectation should match.
Most importantly figure out how to control your feelings. There is no place for avarice and dread in trading. In any case, this trading regimen is not for the unassuming or leave heart. Lift impulsive notions considers to a high-chance profile where plan is basic and specific orchestrating is a certain fundamental if a trading learner is to survive.
Jude_craig
Member Since Dec 05, 2020
54 posts
Jan 11 at 07:42
UweMoench posted:
We should not think or set goals unrealistic profit goals. A trader goals should be based on your skills. How much return others are getting that should not be a trader concern. If you are able to make 2%, that should be your goals. Our skills and expectation should match.
True, Most of the tarder have irrational expectations from forex. All just want to get rich quick from it. But if we actually try to fix realistic goals, that would be much helpful.
first_time
Member Since Jun 22, 2020
66 posts
Jan 11 at 09:45
Agree. It is very good to have a goal, but keep it as realistic as it can be.
margaritastephen
Member Since Dec 17, 2020
1 posts
Jan 21 at 11:29
When you enter the forex market, make sure that you don’t set unrealistic goals. It will only make your trading journey difficult.
ElliotCooke
Member Since Jul 20, 2020
341 posts
Jan 22 at 09:45
Trading in the market with emotion can be very dangerous. If you want to become a good trader you have to control your emotions. You can control your emotions by practicing on a demo account more and more. It will help you to get confidence and trade fearlessly.
SofieAndreasen
Member Since Jul 23, 2020
264 posts
Jan 22 at 17:40
ElliotCooke posted:
Trading in the market with emotion can be very dangerous. If you want to become a good trader you have to control your emotions. You can control your emotions by practicing on a demo account more and more. It will help you to get confidence and trade fearlessly.
I also agree. Try to control your emotion during trading decision or avoid emotional base trading like over trading, revenge trading.
UweMoench posted:
We should not think or set goals unrealistic profit goals. A trader goals should be based on your skills. How much return others are getting that should not be a trader concern. If you are able to make 2%, that should be your goals. Our skills and expectation should match.
So true. 😎
momchil_slavov@
KnowFinance
Member Since Jan 16, 2021
69 posts
Jan 27 at 03:53
We should not think that trading is a game play. One must keep their emotions aside while being in the trade market. The only thing which should reside in your trading journey is consistency in learning, way of analysing things and patience.