We should not think

Jan 09, 2021 at 22:33
Vistas 2,514
48 Replies
Miembro desde Jul 19, 2020   posts 751
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.
Miembro desde Jul 19, 2020   posts 298
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.
Miembro desde Dec 05, 2020   posts 81
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.
Miembro desde Jun 22, 2020   posts 77
Jan 11, 2021 at 09:45
Agree. It is very good to have a goal, but keep it as realistic as it can be.
Miembro desde Dec 17, 2020   posts 20
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.
Miembro desde Jul 20, 2020   posts 341
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.
Miembro desde Jul 23, 2020   posts 759
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.
Miembro desde Oct 20, 2018   posts 300
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@
Miembro desde Nov 30, 2020   posts 21
Feb 03, 2021 at 10:19
Setting unrealistic targets and goals is naive and people should be careful with them.
Miembro desde Dec 21, 2020   posts 17
Feb 03, 2021 at 11:42
I know, unrealistic and illogical goals only serve as negative motivation to be honest since they are never met. Therefore, we should focus on making achievable ones.
Miembro desde Aug 27, 2017   posts 994
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.
Miembro desde Jul 19, 2020   posts 788
Feb 10, 2021 at 15:05
The trader's goal is met only when he is bound by a discipline. Trading for the sake of strange profits can never bring success.
Miembro desde Jan 11, 2019   posts 147
Feb 10, 2021 at 15:19
Yes, we should focus on our goals rather than trying to figure out other's strategies of trading
Miembro desde Nov 19, 2020   posts 104
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.
Miembro desde Jan 22, 2021   posts 125
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.
Miembro desde Jun 01, 2020   posts 55
Feb 17, 2021 at 10:47
Well its always better to maintain a balance. Overthinking can be really harmful for the psychology of a trader.
Miembro desde Jul 19, 2020   posts 298
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.
Miembro desde Jul 20, 2020   posts 298
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.
Miembro desde Dec 17, 2020   posts 15
Mar 19, 2021 at 11:39
Yes, setting some unrealistic goals is not a good sign for trading forex. Starting small will be helpful.
Miembro desde May 15, 2017   posts 12
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.
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