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Impulse Trading and How to Avoid It

WaltonCharles
Sep 13 at 21:38
posts 128
LyudmilLukanov posted:
Demo practice is the best solution in my opinion.

Demo is the best platform to learn forex properly.

RobSchiz
Sep 24 at 19:51
posts 465
WaltonCharles posted:
LyudmilLukanov posted:
Demo practice is the best solution in my opinion.

Demo is the best platform to learn forex properly.

Yes. I love demo to practice my strategy.

Akasuki
Oct 03 at 05:30
posts 342
Enough knowledge and discipline is the key to avoid impulsive trading. To open a trade, you should have enough reasons behind it. If you can't find enough reasons, don't open trade.

Kathri
Nov 25 at 10:22
posts 22
I believe that impulse trading should be prohibited, because it can easily lead to unpleasant consequences such as blowing of your deposit. In my opinion, people should stay calm while trading and never let emotions take over control your mind. It's teh worst mistake, however i understand that it's pretty difficult to struggle with such situations.
Nevertheless, if you will train and practice, you will understand that impulse trading will never lead you to success. Also, you have to forget about revenge trading, you shouldn't do it, because revenge trading guarantess that you can say goodby to your money.

croisssan
Nov 25 at 14:46
posts 500
This is a fairly good option for work, but it requires certain knowledge and, most importantly, the ability to work.

GraceGilm
Nov 25 at 15:59
posts 124
any emotions will be superfluous when working in trading, so you need to try to take everything calmly

SteveHanks
Nov 26 at 18:28
posts 458
Akasuki posted:
Enough knowledge and discipline is the key to avoid impulsive trading. To open a trade, you should have enough reasons behind it. If you can't find enough reasons, don't open trade.

Yes. Proper knowledge and discipline is very much needed to survive in this market.

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