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Newcomers and their greediness

Sar John (Sarjohn)
Jan 13 at 09:10
187 Posts
There are several ways to take control of your emotions and make sure fear and greed do not influence your trading decisions.
1) Have a Trading Plan
2) Lower Trade Sizes
3) Keep a Trading Journal
4) Learn From your past mistakes

desertdye
Feb 05 at 10:31
20 Posts
Yes, risk management is always a life saver for traders.

TradeHut
Feb 11 at 12:34
31 Posts
Having a trading plan is one of the most helpful ways to manage the risks and capital in trading.

SteveHanks
Mar 19 at 06:50
370 Posts
I always recommend to new trader first trade in major pair. Don’t try other minor pair.

Hrenz
Mar 19 at 08:39
38 Posts
It makes no sense to take a pair that is less popular, because you need to be able to work with it.

RobSchiz
Apr 09 at 06:49
383 Posts
Sarjohn posted:
There are several ways to take control of your emotions and make sure fear and greed do not influence your trading decisions.
1) Have a Trading Plan
2) Lower Trade Sizes
3) Keep a Trading Journal
4) Learn From your past mistakes

I agree with you. A trading plan is a must for every trader.

LyudmilLukanov
Apr 10 at 16:17
588 Posts
Hrenz posted:
It makes no sense to take a pair that is less popular, because you need to be able to work with it.

Traders prefer to trade with major pairs due to volatility issues. Also, there is a lot of information available regarding those pairs.

WaltonCharles
Apr 10 at 17:03
128 Posts
TradeHut posted:
Having a trading plan is one of the most helpful ways to manage the risks and capital in trading.

A good trading plan can make you rich.

Elena Triston (ele020)
Apr 15 at 05:12
219 Posts
Sarjohn posted:
There are several ways to take control of your emotions and make sure fear and greed do not influence your trading decisions.
1) Have a Trading Plan
2) Lower Trade Sizes
3) Keep a Trading Journal
4) Learn From your past mistakes

These are some really good tips... How long have you been trading?

The more your practice, the more you learn.
Imamul
Apr 16 at 07:22
615 Posts
any level of newcomers always try to bring profit with no learning , its a very common thing and same mistake newcomers always do . even i did when was a completely new in trading.

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