Чтобы пользоваться чатом, пожалуйста, войдите в систему
Обратно к контактам

5 Things I have learned in 5 years of trading!

CraigMcG2020
Sep 12 2022 at 16:29
399 комментариев
sebking1986 posted:
So glad you said keep your emotions under control rather than be emotionless. One is achievable and one is sociopathic.

That is the key. It is controlling and riding the emotions like a wave that will make a successful trader its so key to accept and embrace being human rather than fighting against it
Sightworthy
Sep 16 2022 at 10:14
22 комментариев
We really learn a lot of things from experience. Thank you for sharing your knowledge with us. I really agree with your last point about setting achievable goals. We should start small and take one step at a time rather than trying to take a huge leap at once. Being disciplined and consistent will surely take you to the path of success no matter how much time it takes.
Marcolis
Sep 17 2022 at 17:31
219 комментариев
Professionals traders don’t open and close trades randomly rather they look into the market very carefully. And analyze the market thoroughly to forecast the market.
Jacnum
Sep 19 2022 at 09:52
21 комментариев
Well said. Here are the 5 things I learned -
1. Underestimating trading psychology will only lead to bad outcomes.
2. Use leverage only when you are confident of your strategy making profits
3. A bigger stop loss can increase your chances of profit
4. Maintaining consistency does not mean forcing yourself to trade
5. Take breaks once in a while if you feel too stressed out
LyudmilLukanov
Sep 19 2022 at 14:26
869 комментариев
Maintain trading ethics to produce better result but traders lack this practice. There are different standards of trading but those traders are successful whose strategies are flourished enough.
CraigMcG2020
Sep 19 2022 at 16:08
399 комментариев
Jacnum posted:
Well said. Here are the 5 things I learned -
1. Underestimating trading psychology will only lead to bad outcomes.
2. Use leverage only when you are confident of your strategy making profits
3. A bigger stop loss can increase your chances of profit
4. Maintaining consistency does not mean forcing yourself to trade
5. Take breaks once in a while if you feel too stressed out

Id be careful of bigger stop losses it can also affect your risk to reward and leave you in the market longer than you need to be
SteveFx11
Sep 20 2022 at 05:57
183 комментариев
Different traders have different ways of trading but pure forecasting of the market is required in all of the cases.
HeavenLeighGill (HeavLeighGill26)
Sep 22 2022 at 00:12
401 комментариев
Jacnum posted:
5. Take breaks once in a while if you feel too stressed out

This one has been helping me a lot lately. Even just a 5 minute break makes a big difference when you're stressed and not thinking in the right mindset. Wish I would have realized that sooner rather than later!
Luca20
Sep 22 2022 at 05:05
26 комментариев
I have read a few conversations and I strongly agree with them.
Bannock
Sep 23 2022 at 10:51
17 комментариев
You may profit from the forex market if you follow the trading rules and tactics correctly and have a good trading plan. Aim just for a realistic profit; do not be greedy. This will help you become a skilled trader and, at the same time, will help you receive a steady return. Many people lose money in the forex market because of greed. Risk management in forex trading is necessary; however, your success depends on trading approach, emotional stability, and risk-taking prowess.
CraigMcG2020
Sep 25 2022 at 15:12
399 комментариев
Bannock posted:
You may profit from the forex market if you follow the trading rules and tactics correctly and have a good trading plan. Aim just for a realistic profit; do not be greedy. This will help you become a skilled trader and, at the same time, will help you receive a steady return. Many people lose money in the forex market because of greed. Risk management in forex trading is necessary; however, your success depends on trading approach, emotional stability, and risk-taking prowess.

This is so key its small realistic profits but once we do that and compound. It will really show the power of trading and change your life
Formicate
Sep 29 2022 at 07:40
18 комментариев
Here are the 5 things I learned

1. The market is NOT your friend

2. There are no shortcuts to success

3. You need a plan, and you need discipline

4. Trade often and for a long time

5. If you're not losing money, you're not trading!
CarrotNetwork
Sep 29 2022 at 08:09
25 комментариев
It is really true that there is no one size fits all strategy for trading forex. You have to test out different strategies to find out which one will work for you as a trader. Backtesting is a must and you should keep working on your skills as well.
Seb King (sebking1986)
Sep 29 2022 at 09:27
538 комментариев
Exactly, get those small consistent gains on a regular basis, show that you can and acquire capital and then rinse and repeat.
If you can't spot the liquidity then you are the liquidity.
Juggerrnaut
Oct 04 2022 at 11:41
18 комментариев
Thank you for sharing your valuable piece of information. One more important thing that I have learned in my few years of trading is that the execution of a trade can efficiently increase your chances of making a profit, rather than the original win-rate of your strategy.
CraigMcG2020
Oct 17 2022 at 15:51
399 комментариев
Juggerrnaut posted:
Thank you for sharing your valuable piece of information. One more important thing that I have learned in my few years of trading is that the execution of a trade can efficiently increase your chances of making a profit, rather than the original win-rate of your strategy.

Absolutely agree. Its important to have the right entry to give the right risk to reward
dutchy1986
Oct 23 2022 at 19:37
52 комментариев
I saw an interesting chart based on percentages of wins and your usual r:r ratio, letting you know what it needs to be. Will see if I can find it and share
sharabela
Oct 25 2022 at 07:46
139 комментариев
SteveFx11 posted:
Different traders have different ways of trading but pure forecasting of the market is required in all of the cases.
Yes, forecasting by analyzing the market is required. We must remember it is a game of probability. Thus, risk management is important.
momo3HC
Oct 30 2022 at 20:22
300 комментариев
sharabela posted:
SteveFx11 posted:
Different traders have different ways of trading but pure forecasting of the market is required in all of the cases.
Yes, forecasting by analyzing the market is required. We must remember it is a game of probability. Thus, risk management is important.
Analysing is the best word in this case. Forecasting is for the weather. 😂
Lydia_7
Oct 31 2022 at 12:39
15 комментариев
I have learned patience, trading strategies, risk management technique during my course of trading in forex market.
Пожалуйста, войдите в систему, чтобы комментировать .