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Confidence is very important
Dec 29, 2020 at 15:02
Membre depuis Jul 19, 2020
posts 751
Confidence is very important. Confidence comes from knowledge and skills. Without proper knowledge and skills if anyone thinks he has lot of confidence, he can make money, then that's overconfidence. We should not be overconfident. Most of the newbies are overconfident. They focus on profit rather than developing skills.
Membre depuis Jul 23, 2020
posts 869
Membre depuis Apr 09, 2019
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Dec 29, 2020 at 17:26
Membre depuis Apr 09, 2019
posts 538
The over confidence comes from a position of ignorance and complaceny in my opinion. Learn as much as you can with practice you can be confident. Thinking you can go into the markets with a funded account without this at least is just arrogance.
If you can't spot the liquidity then you are the liquidity.
Membre depuis Oct 27, 2020
posts 21
Feb 08, 2021 at 11:22
Membre depuis Jan 21, 2021
posts 48
I agreed. Self confidence naturally helps you to become stronger and stronger over time. It comes from knowledge and experience, if you want to trade without fear or hesitation you have to build confidence first.
Some newbies jump into trading with a little idea of it or after winning a few trades and in the end, they lose their money.
This is overconfidence, people are in this market for a long time and are still learning. First, acquire good knowledge and real experience
and then start trading.
Some newbies jump into trading with a little idea of it or after winning a few trades and in the end, they lose their money.
This is overconfidence, people are in this market for a long time and are still learning. First, acquire good knowledge and real experience
and then start trading.
Feb 16, 2021 at 07:48
Membre depuis Jul 19, 2020
posts 298
One of the other major mistake is over leverage and over confidence. A newbie can blow up after having hundreds of winning trades and but one disaster trade. Also, lot of newbies have tendency to fight with forex market instead of trading the market like smart money do. They have no chance of wining the fight.
Membre depuis Jul 20, 2020
posts 298
Membre depuis Jul 20, 2020
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Membre depuis Jan 05, 2021
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Apr 23, 2021 at 17:09
Membre depuis Jul 19, 2020
posts 788
kendrglover posted:When a trader makes a consistent profit, he becomes overconfident. Overconfident should be eliminated by controlling emotions at that moment. And trading plans should be made with confidence. It is possible to trade professionally.
Yes, confidence is the key to achieving your goals and making some money in forex.
Membre depuis Mar 17, 2021
posts 536
May 21, 2021 at 17:55
Membre depuis Mar 17, 2021
posts 536
Sarjohn posted:Practicing on a demo account will help a trader to build his career with full of confidence.
Agreed, Confidence is very important in trading, And it comes with knowledge and practice only. Practice on demo and when you feel you are making consistent profit on demo then only shift to live trading.
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