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The questions/problems most new traders will encounter
Oct 20, 2023 at 10:18
682 Angesehen
12 Replies
Mitglied seit Nov 06, 2023
8 Posts
Nov 06, 2023 at 14:44
Getting Lot size right is the main problem that traders have. Most risk way too much and then loose their account
Mitglied seit Nov 08, 2023
6 Posts
Nov 09, 2023 at 02:40
iwuagwu posted:
what is your take on trading psychology
My trading psychology is never trust my own feeling lol, I always feel "wrong". So I only trade according to the pattern or whatever I see from my trading system
Mitglied seit Nov 08, 2023
6 Posts
Nov 09, 2023 at 02:41
sovy posted:alexml posted:
What questions or problems you guys have faced or are facing as a trader?
1. Over trading
2. Over leverage
Yeah that could be a huge problem
Mitglied seit Nov 08, 2023
6 Posts
Nov 09, 2023 at 02:42
SauloRom111 posted:
Getting Lot size right is the main problem that traders have. Most risk way too much and then loose their account
Yeah you're right. That's why I use calculator on myfxbook to calculate my lot size correctly
Nov 10, 2023 at 09:54
alexml posted:
What questions or problems you guys have faced or are facing as a trader?
New traders often grapple with emotional decision-making, overtrading, and lack of a solid strategy. Learning to control emotions, developing a disciplined approach, and focusing on risk management are crucial for navigating the challenges of the market.
Mitglied seit Nov 08, 2023
6 Posts
Nov 15, 2023 at 05:53
Wortenix posted:alexml posted:
What questions or problems you guys have faced or are facing as a trader?
The difficulty is that sometimes I understand that I don’t know enough in this area and it’s quite difficult to find out
Honestly, I think a trader can't "know enough" in forex market. It involve in the while world and things change all the time. What we can do is to always upgrade our trading system, make sure it's better, and stick to whatever trading ruels you set
Mitglied seit Nov 08, 2023
6 Posts
Nov 15, 2023 at 05:54
bardachok posted:alexml posted:
What questions or problems you guys have faced or are facing as a trader?
New traders often grapple with emotional decision-making, overtrading, and lack of a solid strategy. Learning to control emotions, developing a disciplined approach, and focusing on risk management are crucial for navigating the challenges of the market.
It's true. Getting rid of emotions is hard but neccesary. Trades according to "I feel like" will destroy you
Mitglied seit Aug 03, 2018
10 Posts
Dec 06, 2023 at 10:14
main problem traders have is risking too much money. Losing a few trades and wiping out their account,
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