To use chat, please login.
Back to contacts

What problems are you facing as a trader?

mlawson71
Mar 04 2017 at 10:14
1487 posts
nivkyy posted:
@mlawson71 Do not you follow a work plan in your trade?


Of course I do. I specifically stated that editing a trading plan should happen when one isn’t mid-trading. If they saw there was a problem, that problem should be analyzed, solved and the trading plan should be updated appropriately.

rob559
Mar 05 2017 at 07:46
1916 posts
mlawson71 posted:
nivkyy posted:
@mlawson71 Do not you follow a work plan in your trade?


Of course I do. I specifically stated that editing a trading plan should happen when one isn’t mid-trading. If they saw there was a problem, that problem should be analyzed, solved and the trading plan should be updated appropriately.


any proof to show of your trading wisdom,great talker ...small doer

darren (darrengreg)
Mar 07 2017 at 12:35
37 posts
togr posted:
mlawson71 posted:
darrengreg posted:
Failing to plan is planning to fail. This is so true for forex trading.

Emotional trading is one big problem faced by traders. trading is not all about good trading systems and good strategies; emotional management also contributes to one’s success or failure in forex.


True. Take revenge trading, for example. Yes, you've lost money, and now you're trying to recoup your losses at any cost, regardless of the current situation on the market. It's a recipe for disaster.


Yeah. Failing to prepare is preparing to fail...
You can be lucky for short period, even double your account without trading plan, but when your luck disappear...


without a doubt! even luck works for those who works for themselves. Getting emotional in Forex can take you to the roads to ruin

mlawson71
Mar 22 2017 at 11:36
1487 posts
I don't know whether fear that you'll lose money stems from childhood issues. It seems a little far-fetched to me. I mean, children rarely understand the value of money, and that understanding (and the fear that comes with it) develops later on.

bh61
Mar 23 2017 at 07:35
14 posts
The Forex market is constantly changing and not to be left behind, you need to experiment to find better plans, strategies and indicators. Only through constant practice will you move from being an acceptable operator to a truly successful one.

Please login to comment .