Sep 02 2020 at 05:38
when i started trading i learnt a few strategies and pair patterns but was still loosing more than i can make, but this was only until i learned to rather react than predict, so i would recite to myself 'reacting is trading and predicting is gambling' keep in mind you must not be emotional about losses,
what also played a big role in my improvement was to understand that when it is said that about 70% looses their money, for me it was 'out of 10 trades you will loose 7 and win 3 ' so my 3 wins has to bring in more than all 7 loses😄 now this has made trading exciting even more
keep calm and a focused mind wishing y'all a successful trading journey
what also played a big role in my improvement was to understand that when it is said that about 70% looses their money, for me it was 'out of 10 trades you will loose 7 and win 3 ' so my 3 wins has to bring in more than all 7 loses😄 now this has made trading exciting even more
keep calm and a focused mind wishing y'all a successful trading journey
Sep 02 2020 at 05:49
That's a good post. I agree, we shouldn't always be using our head in predicting and guessing what's gonna happen next, rather use it in planning different strategies to handle any unforeseen situation that comes up. Good point for traders.
Sep 02 2020 at 10:09
Sep 02 2020 at 13:31
Reasons why I dont swing trade
Sep 03 2020 at 07:01
polyeseter posted:
when i started trading i learnt a few strategies and pair patterns but was still loosing more than i can make, but this was only until i learned to rather react than predict, so i would recite to myself 'reacting is trading and predicting is gambling' keep in mind you must not be emotional about losses,
what also played a big role in my improvement was to understand that when it is said that about 70% looses their money, for me it was 'out of 10 trades you will loose 7 and win 3 ' so my 3 wins has to bring in more than all 7 loses😄 now this has made trading exciting even more
keep calm and a focused mind wishing y'all a successful trading journey
Well I agree with you. Many of us keep predicting and when its actually time to react, don't make the move. We really need to have a proactive approach instead.
Sep 03 2020 at 07:37
polyeseter posted:
when i started trading i learnt a few strategies and pair patterns but was still loosing more than i can make, but this was only until i learned to rather react than predict, so i would recite to myself 'reacting is trading and predicting is gambling' keep in mind you must not be emotional about losses,
what also played a big role in my improvement was to understand that when it is said that about 70% looses their money, for me it was 'out of 10 trades you will loose 7 and win 3 ' so my 3 wins has to bring in more than all 7 loses😄 now this has made trading exciting even more
keep calm and a focused mind wishing y'all a successful trading journey
Being reactive does not work. You have to enter position before the movement to make any profit.
When you jump to already running trade you can even lose.
Sep 04 2020 at 05:05
Evelyn55 posted:polyeseter posted:
when i started trading i learnt a few strategies and pair patterns but was still loosing more than i can make, but this was only until i learned to rather react than predict, so i would recite to myself 'reacting is trading and predicting is gambling' keep in mind you must not be emotional about losses,
what also played a big role in my improvement was to understand that when it is said that about 70% looses their money, for me it was 'out of 10 trades you will loose 7 and win 3 ' so my 3 wins has to bring in more than all 7 loses😄 now this has made trading exciting even more
keep calm and a focused mind wishing y'all a successful trading journey
Well I agree with you. Many of us keep predicting and when its actually time to react, don't make the move. We really need to have a proactive approach instead.
100% on point
Sep 04 2020 at 05:14
togr posted:polyeseter posted:
when i started trading i learnt a few strategies and pair patterns but was still loosing more than i can make, but this was only until i learned to rather react than predict, so i would recite to myself 'reacting is trading and predicting is gambling' keep in mind you must not be emotional about losses,
what also played a big role in my improvement was to understand that when it is said that about 70% looses their money, for me it was 'out of 10 trades you will loose 7 and win 3 ' so my 3 wins has to bring in more than all 7 loses😄 now this has made trading exciting even more
keep calm and a focused mind wishing y'all a successful trading journey
Being reactive does not work. You have to enter position before the movement to make any profit.
When you jump to already running trade you can even lose.
point noted @togr i am not taking away the fact that there are many ways to kill a cat, different strokes for different folks so my point that reacting is far best than predicting is based on many personal experiences and well known facts😉
Sep 04 2020 at 06:13
polyeseter posted:togr posted:polyeseter posted:
when i started trading i learnt a few strategies and pair patterns but was still loosing more than i can make, but this was only until i learned to rather react than predict, so i would recite to myself 'reacting is trading and predicting is gambling' keep in mind you must not be emotional about losses,
what also played a big role in my improvement was to understand that when it is said that about 70% looses their money, for me it was 'out of 10 trades you will loose 7 and win 3 ' so my 3 wins has to bring in more than all 7 loses😄 now this has made trading exciting even more
keep calm and a focused mind wishing y'all a successful trading journey
Being reactive does not work. You have to enter position before the movement to make any profit.
When you jump to already running trade you can even lose.
point noted @togr i am not taking away the fact that there are many ways to kill a cat, different strokes for different folks so my point that reacting is far best than predicting is based on many personal experiences and well known facts😉
Its hard to say which way is better when you do not share your account
Sep 06 2020 at 02:40
In Forex, you should not go for predicting market condition. So you need to analyze the market and then decide about main trend and go for entry. It is hard to keep making profit with predicting the market without analysis
