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Beginners - Kill your emotions

theHand
Nov 14 2016 at 09:44
365 postów
@ridethetorpedo

Yeah my tips are all over the place. Don't try predict fx it's impossible, make the money from managing your portfolio. Get the trade sizes right, don't use tp or stops.

Don't try trade fx. Trading is what you do to adjust your position. Manage your positions.

That's about it.

mlawson71
Nov 14 2016 at 10:04
1487 postów
RPatell posted:
mlawson71 posted:
@Lesterkobi Sometimes it can be difficult to concentrate on profits if one's anxiety is getting in the way. I think it's a good idea to both try to concentrate on them and to look for ways to manage one's stress.

@RPatell Does it help you on a long-term basis too?


@mlawson71 Yes, it is part of my life, not just when I am trading. I know in some cultures it is more popular than in others but everyone can try it and see for themselves 😄 I think if we are healthy we can better concentrate on the profits and what matters.


I agree about that. In order to focus, we need to be calm already. I think I will look into meditation more.

Tiffany (TiffanyK)
Nov 15 2016 at 16:11
427 postów
csc2009 posted:
TiffanyK posted:
To be honest, I used not to believe in meditation. The thing is that you really need experience and patience in order to turn off your emotions sometimes. But to get to this actual point – there is no better way than using meditation. It will really help you become more calm, reduce the stress and most important, it can help you handle your emotions. Meditation is something really simple but VERY HELPFUL. I recommend it to everyone!
(based on real experience from my side 😄) Cheers!


Is it really? I should give a try.


Yes, do not hesitate. Give it a try – I am completely sure that it will help you 😄

Accept the loss as experience
kieran (snapdragon1970)
Nov 15 2016 at 16:14
1945 postów
Risk to reward ratio also helps keep you calm, money management is one of the most important aspects.

"They mistook leverage with genius".
Bisulget
Nov 17 2016 at 08:19
14 postów
And for greatest confidence of a newbie trader, I would like to recommend to start with a broker with which you can work through rebate services. @snapdragon1970 if you meant the same than sorry for duplicating

Trader300
Nov 17 2016 at 11:14
3 postów
Bisulget posted:
And for greatest confidence of a newbie trader, I would like to recommend to start with a broker with which you can work through rebate services. @snapdragon1970 if you meant the same than sorry for duplicating

Hello.
I'm newbie.
Really is it possible to work with the rebate services?
Can you recommend one of them or few from them...?
Thank you in advance.

Mario (leopoldo)
Nov 17 2016 at 15:50
41 postów
Bisulget posted:
And for greatest confidence of a newbie trader, I would like to recommend to start with a broker with which you can work through rebate services. @snapdragon1970 if you meant the same than sorry for duplicating


What do you mean by rebate services? To get rebates on what?

xgavinc
Nov 18 2016 at 08:33
235 postów
leopoldo posted:
Bisulget posted:
And for greatest confidence of a newbie trader, I would like to recommend to start with a broker with which you can work through rebate services. @snapdragon1970 if you meant the same than sorry for duplicating


What do you mean by rebate services? To get rebates on what?


I think it's a reference to rebates on trades, some brokers provide credit or cash rebates on every round lot traded for example usually through a loyalty program.

For every loss there should be at least an equal and opposite profit.
Trader300
Nov 20 2016 at 07:45
3 postów
leopoldo posted:
Bisulget posted:
And for greatest confidence of a newbie trader, I would like to recommend to start with a broker with which you can work through rebate services. @snapdragon1970 if you meant the same than sorry for duplicating


What do you mean by rebate services? To get rebates on what?


I mean get rebates for trading.
There are lot of companies but i dont know which it better

Bisulget
Nov 22 2016 at 14:42
14 postów
Trader300 posted:
Bisulget posted:
And for greatest confidence of a newbie trader, I would like to recommend to start with a broker with which you can work through rebate services. @snapdragon1970 if you meant the same than sorry for duplicating

Hello.
I'm newbie.
Really is it possible to work with the rebate services?
Can you recommend one of them or few from them...?
Thank you in advance.


Well it was yet long ago when I was interested in it and participated in such things last time, I used to work with forex cash back cloud, but really not sure if they are the best for it nowadays.

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