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Overconfident
Aug 12, 2018 at 05:26
Uczestnik z Dec 06, 2017
21 postów
I became over confident after an awesome week trading. I then increased by Lot size to 1.0 Lot thinking I was going to be a millionaire soon but the markets thought better. I lost a lot. I ended up revenge trading and losing my whole account. Sad times but a useful lesson
Uczestnik z May 20, 2011
8 postów
forex_trader_458816
Uczestnik z Sep 11, 2017
124 postów
Aug 13, 2018 at 08:23
Uczestnik z Sep 11, 2017
124 postów
In Forex trading, u should put away your thought that your entry would be perfect and sharp entry.
Just think, if so many of us thinking like u, sure many unregulated brokers are close down now.
Too many having perfect entry 😂
Just think, if so many of us thinking like u, sure many unregulated brokers are close down now.
Too many having perfect entry 😂
Uczestnik z Jul 26, 2018
9 postów
Uczestnik z Jul 27, 2018
10 postów
Uczestnik z Feb 22, 2011
4862 postów
Aug 14, 2018 at 10:17
Uczestnik z Feb 22, 2011
4862 postów
It is easy to become overconfident when you are lucky and make a huge pile of money
But is is even easier to lose it that way.
But is is even easier to lose it that way.
Uczestnik z Aug 16, 2018
11 postów
Aug 16, 2018 at 10:50
Uczestnik z Aug 16, 2018
11 postów
Back4Good posted:
I became over confident after an awesome week trading. I then increased by Lot size to 1.0 Lot thinking I was going to be a millionaire soon but the markets thought better. I lost a lot. I ended up revenge trading and losing my whole account. Sad times but a useful lesson
When you didn't find the solution, lesson is the one. And if you don't want to go wrong in the first place, catch the valuable advises as much as you can. :)
Uczestnik z Feb 22, 2011
4862 postów
Aug 16, 2018 at 11:00
Uczestnik z Feb 22, 2011
4862 postów
Back4Good posted:
I became over confident after an awesome week trading. I then increased by Lot size to 1.0 Lot thinking I was going to be a millionaire soon but the markets thought better. I lost a lot. I ended up revenge trading and losing my whole account. Sad times but a useful lesson
You have to have good trading plan
You have to stick to it.
Was the trade size increase part of your trading plan, it was not, right?
Aug 17, 2018 at 00:52
(edytowane Aug 17, 2018 at 00:52)
Uczestnik z Sep 01, 2010
10 postów
Back4Good posted:you are very much placed to be successful buddy. keep going and sure you have really learnt your lesson
I became over confident after an awesome week trading. I then increased by Lot size to 1.0 Lot thinking I was going to be a millionaire soon but the markets thought better. I lost a lot. I ended up revenge trading and losing my whole account. Sad times but a useful lesson
Aug 27, 2018 at 07:23
Uczestnik z Aug 09, 2018
10 postów
Back4Good posted:Experience teaches a lot.
I became over confident after an awesome week trading. I then increased by Lot size to 1.0 Lot thinking I was going to be a millionaire soon but the markets thought better. I lost a lot. I ended up revenge trading and losing my whole account. Sad times but a useful lesson
Uczestnik z Aug 29, 2018
6 postów
Aug 29, 2018 at 10:44
Uczestnik z Aug 29, 2018
6 postów
Abdielfx posted:Better than anything else, in my opinionBack4Good posted:Experience teaches a lot.
I became over confident after an awesome week trading. I then increased by Lot size to 1.0 Lot thinking I was going to be a millionaire soon but the markets thought better. I lost a lot. I ended up revenge trading and losing my whole account. Sad times but a useful lesson
Uczestnik z Jan 18, 2010
17 postów
Aug 29, 2018 at 11:53
Uczestnik z Jan 18, 2010
17 postów
Dandelion posted:
Continuous education plus experience is the key to getting Forex right. No guarantees you will but without that you will definitely fail
agreed with that... learning never ending... lot of education needed to beat the market...knowing your self...your emotion...controlled it...do a consistent is the key in the forex 😀
Candles always right
Uczestnik z Aug 16, 2018
11 postów
Aug 29, 2018 at 11:55
Uczestnik z Aug 16, 2018
11 postów
Dandelion posted:
Continuous education plus experience is the key to getting Forex right. No guarantees you will but without that you will definitely fail
Very true. Continuous education is more like a theory part which is pretty boring. But if done continuous learning with continuous experience, it becomes interesting plus knowledge is growing fast and may become good trader if strategy + logic + management is good.
Aug 30, 2018 at 06:41
Uczestnik z Oct 09, 2017
23 postów
Uczestnik z Jul 26, 2018
3 postów
Uczestnik z Aug 05, 2019
50 postów
Uczestnik z Feb 22, 2011
4862 postów
Aug 12, 2019 at 11:26
Uczestnik z Feb 22, 2011
4862 postów
There is no easy way to consistent profit.
I see it quite often. At the start of trading beginners luck, making 10, 20 or even 50% a week.
Trading on demo, being relaxed, trying to apply the same approach to real trading, failing to do so,
losses as results and panick.
I love my trading robots whose allow me to avoid all that :)
I see it quite often. At the start of trading beginners luck, making 10, 20 or even 50% a week.
Trading on demo, being relaxed, trying to apply the same approach to real trading, failing to do so,
losses as results and panick.
I love my trading robots whose allow me to avoid all that :)
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