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Every novice trader must learn from my trading account
Anggota Sejak Feb 07, 2016
21 pos
Oct 23, 2016 at 07:09
Anggota Sejak Feb 07, 2016
21 pos
Guys,trading forex needs lot of patience and discipline.If you see my trading results, you can clearly notice that in the month of august, I had almost 6 continuous stop loss hits in swing trading.This is the time that most novice traders will get upset and try to recover their lost money immediately.Finally, they will end up blowing their trading account.
But, you can see the next september and october month I was so patient without altering my trading plan and finally I recovered all my august month losses with great discipline.This is real trading my dear friends.This is the reality of trading.It's not a get quick rich scheme, it's a marathon.
If you stay as discipline and patient like me, then you will be a successful trader.All the best.
But, you can see the next september and october month I was so patient without altering my trading plan and finally I recovered all my august month losses with great discipline.This is real trading my dear friends.This is the reality of trading.It's not a get quick rich scheme, it's a marathon.
If you stay as discipline and patient like me, then you will be a successful trader.All the best.
"Slow and steady wins the race"
Anggota Sejak Feb 07, 2016
21 pos
Oct 26, 2016 at 06:29
Anggota Sejak Feb 07, 2016
21 pos
Yes, I can share with you tiffany. First and foremost thing is you must consider trading as your second source of income.That means, you must make decent money from your primary source to run your family.Next thing is never do trading alone with your computer, form a team(may be your life partner or anyone who stays with you). Now two brains are doing trading and not one.If you can do these two things, then you can control your emotions and will nver commit emotional trading mistakes.
"Slow and steady wins the race"
Oct 26, 2016 at 12:05
Anggota Sejak Oct 07, 2016
10 pos
Every novice trader should start with a demo trading platform and trade with at least two currency pairs. These currency pairs should be traded with complete due diligence, keeping in mind the technical support & resistance levels. Tracking the currency pairs over the day and finding its deviation & relationship with other trading pairs can help you find correlation between them. When two trading instruments move in same direction, they are positively correlated. But when two trading instruments move in opposite direction, they are negatively correlated. You can build a correlation table by simply typing the prices of the different instruments at different times.
Oct 31, 2016 at 11:10
Anggota Sejak Feb 12, 2016
427 pos
prakash104 posted:Thanks for sharing! All makes sense 😄 The concept of forming a team is particularly interesting. Good approach.
Yes, I can share with you tiffany. First and foremost thing is you must consider trading as your second source of income.That means, you must make decent money from your primary source to run your family.Next thing is never do trading alone with your computer, form a team(may be your life partner or anyone who stays with you). Now two brains are doing trading and not one.If you can do these two things, then you can control your emotions and will nver commit emotional trading mistakes.
Accept the loss as experience
Anggota Sejak Jul 19, 2020
318 pos
Anggota Sejak Jul 20, 2020
232 pos
Anggota Sejak Nov 30, 2020
7 pos
Anggota Sejak Jan 05, 2021
11 pos
Apr 29, 2021 at 09:59
Anggota Sejak Dec 11, 2020
110 pos
prakash104 posted:This is such an interesting approach. Good thinking.
Yes, I can share with you tiffany. First and foremost thing is you must consider trading as your second source of income.That means, you must make decent money from your primary source to run your family.Next thing is never do trading alone with your computer, form a team(may be your life partner or anyone who stays with you). Now two brains are doing trading and not one.If you can do these two things, then you can control your emotions and will nver commit emotional trading mistakes.
Anggota Sejak May 27, 2021
8 pos
May 28, 2021 at 10:43
Anggota Sejak Apr 22, 2021
8 pos
I think that before entering the market, you need to study all the information about the market, trading, brokers. It was hard for me to choose the right broker. I searched a lot of sites in order to find something good. I also spent a lot of time looking for a broker and accidentally found this site Finarm, which has a whole bunch of different companies listed. It's pretty convenient and can give you some insights.
Anggota Sejak Jul 23, 2020
869 pos
Anggota Sejak Jul 23, 2020
759 pos
Dec 27, 2021 at 05:21
Anggota Sejak Mar 28, 2021
617 pos
Forex traders nowadays is really lucky since lots of free online material that traders could get easily. all of them is really useful because written by expert traders experience. traders can use these material as guidance and if lucky, maybe will found a strategy that suitable with them.
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