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We should not think
Jan 09, 2021 at 22:33
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.
Jan 10, 2021 at 12:21
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.
Mitglied seit Dec 05, 2020
76 Posts
Jan 11, 2021 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.
Mitglied seit Jun 22, 2020
69 Posts
Jan 11, 2021 at 09:45
Agree. It is very good to have a goal, but keep it as realistic as it can be.
Mitglied seit Dec 17, 2020
18 Posts
Jan 21, 2021 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.
Mitglied seit Jul 20, 2020
278 Posts
Jan 22, 2021 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.
Mitglied seit Jul 23, 2020
696 Posts
Jan 22, 2021 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.
Jan 26, 2021 at 20:54
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@
Mitglied seit Aug 27, 2017
875 Posts
Feb 03, 2021 at 12:16
protecting your capital is very important, it focuses on money management and risk management, its most important issue to avoid unfortunate risk and losses.
keeping patience.......
Mitglied seit Jan 11, 2019
140 Posts
Feb 10, 2021 at 15:19
Yes, we should focus on our goals rather than trying to figure out other's strategies of trading
Feb 11, 2021 at 05:23
Agreed, unrealistic goals will take a person close to blowing his account rather than helping him to earn well. Traders should focus on aiming at logical targets, so that trading remains a practical game for them, rather than something impossible to achieve.
Mitglied seit Jan 22, 2021
132 Posts
Feb 17, 2021 at 10:42
As a trader we should not think much of prices going up, this can lead to generate a greed factor in us. We should know when to timely open/close the position.
Feb 26, 2021 at 14:07
To be an expert, we need to spend many years in forex trading. As far as I am concerned, it is my second year of trading and I am feeling a clear difference in my trading. Now I have more options and trading tools and I am getting some decent profit also.
Mitglied seit Jul 20, 2020
286 Posts
Feb 27, 2021 at 02:03
One should build faith in one's analysis. If you can trade with discipline, you can get much better results from trading.
Mitglied seit Dec 17, 2020
9 Posts
Mar 19, 2021 at 11:39
Yes, setting some unrealistic goals is not a good sign for trading forex. Starting small will be helpful.
Mitglied seit May 15, 2017
12 Posts
Mar 19, 2021 at 12:27
Starting small is what so important but so many just rush in and lose their savings in a week.
