Edit Your Comment
Beginners - Kill your emotions
Feb 02, 2017 at 15:06
Anggota Sejak Jul 09, 2015
48 pos
mlawson71 posted:BaldoN posted:
I would also add here: do not run after market. Make your plan for entry and exits and wait market to come to your planned levels (ex. supports or resistances, touch trades if you use MA's etc. - then shot :)
I agree. Also, understand that the market is always right. Hoping that it will just turn in your favour won’t make it so.
Yes, totally agree! No place for hope, only for research and analysis based predictions!
Feb 07, 2017 at 08:24
Anggota Sejak Aug 09, 2016
14 pos
BaldoN posted:
I would also add here: do not run after market. Make your plan for entry and exits and wait market to come to your planned levels (ex. supports or resistances, touch trades if you use MA's etc. - then shot :)
I guess, running after market itself indicates falling into emotional ocean, which is unallowable for successful trading
Feb 07, 2017 at 12:27
Anggota Sejak Dec 11, 2015
1487 pos
MC85 posted:mlawson71 posted:BaldoN posted:
I would also add here: do not run after market. Make your plan for entry and exits and wait market to come to your planned levels (ex. supports or resistances, touch trades if you use MA's etc. - then shot :)
I agree. Also, understand that the market is always right. Hoping that it will just turn in your favour won’t make it so.
Yes, totally agree! No place for hope, only for research and analysis based predictions!
I don’t object to hope, actually, I think it’s even good to have positive thinking, but hope alone is not enough.
Anggota Sejak Mar 31, 2015
45 pos
Feb 09, 2017 at 14:39
Anggota Sejak Mar 31, 2015
45 pos
BaldoN posted:
I would also add here: do not run after market. Make your plan for entry and exits and wait market to come to your planned levels (ex. supports or resistances, touch trades if you use MA's etc. - then shot :)
Do you mean to plan without considering the current market situation with the presumption that sooner or later the price will reach your entry level in a trend that you forecasted in your plan?
Feb 23, 2017 at 10:41
Anggota Sejak Jan 31, 2017
30 pos
Thread is apt. beginners ruin their trading by bringing the emotions in role. It is very much important for the traders to control their emotions while trading. Discipline and self control are very necessary in trading. Beginners usually ruin their accounts initially due to emotions but this seems as a lesson for them to first learn and then trade. Experience is the best tutor and here also it applies well. Controlling emotions is not easy but we must restrain ourselves.
forex_trader_360314
Anggota Sejak Sep 14, 2016
10 pos
Feb 25, 2017 at 17:55
Anggota Sejak Sep 14, 2016
10 pos
coders posted:
best solution is automated trading:)
Really? I do not think so, some get up when they see that the panoramam apparently does not work well for them. The solution is to control the emotions and learn to trade with a cool head.
forex_trader_360642
Anggota Sejak Sep 15, 2016
6 pos
Feb 25, 2017 at 18:00
Anggota Sejak Sep 15, 2016
6 pos
@coders @togr I think that the beginner should not leave everything in the hands of automated trading. Of course it will not be easy to find a good system, but it is not an impossible topic. Not if the beginner has mentoring and advice and a wealth of knowledge on the subject.
Feb 27, 2017 at 07:32
Anggota Sejak Feb 22, 2011
4862 pos
gustavoz posted:
@coders @togr I think that the beginner should not leave everything in the hands of automated trading. Of course it will not be easy to find a good system, but it is not an impossible topic. Not if the beginner has mentoring and advice and a wealth of knowledge on the subject.
You need to answer yourself you wish to earn money you will probably fail as manual beginner.
If you wish to learn something you have to trade manually but better stick to demo until you are profitable, right?
forex_trader_381988
Anggota Sejak Dec 06, 2016
37 pos
Feb 28, 2017 at 09:31
Anggota Sejak Feb 12, 2016
427 pos
coders posted:
best solution is automated trading:)
Yes you are right. EAs are very useful and are saving a lot of time and energy to traders. Not surprised that most of my friends who trade are using EAs. Not only that they save time and energy but also manually will be very hard to place a lot of orders for a very close time range. Also EAs are not emotional and won’t place more orders if you lose some funds 😄
Accept the loss as experience
Mar 01, 2017 at 12:25
Anggota Sejak Dec 11, 2015
1487 pos
BaldoN posted:
Hello,
Whatever we says, I believe each new trader needs to pass on his own way and to get some experience. Just advises and tips will not help him too much or not much as a guidelines :)
True, some things one can only learn on their own, but still, it’s good to also learn from other people who have gone down the same path.
Anggota Sejak Sep 12, 2015
1948 pos
Mar 01, 2017 at 16:43
Anggota Sejak Sep 12, 2015
1948 pos
mlawson71 posted:BaldoN posted:
Hello,
Whatever we says, I believe each new trader needs to pass on his own way and to get some experience. Just advises and tips will not help him too much or not much as a guidelines :)
True, some things one can only learn on their own, but still, it’s good to also learn from other people who have gone down the same path.
We can learn a lot from other people, good to keep an open mind, just question everything especially in this field.
"They mistook leverage with genius".
*Penggunaan komersial dan spam tidak akan ditolerir, dan dapat mengakibatkan penonaktifkan akun.
Tip: Memposting gamba /url youtube akan secara otomatis menyematkannya di postingan Anda!
Tip: Ketik tanda @ untuk melengkapi secara otomatis nama pengguna yang ikut serta dalam diskusi ini.