I hear a lot of people talking about how emotions are a big challenge in trading and I agree.But...
We need to accept that we can't control our survival instincts from activating, instead:We need to write down our system. Accept the risk and the only way to really really accept risk, is to place and forget the trade, let them play out and continue to follow your system for multiple trades without checking you P&L. That P&L triggers a lot of self sabotaging emotions. I just realised that.
I'm glad to be part of this community and looking forward to exchange value with you guys.
I think you make a good point and I’ve seen other suggestions to set and forget trades so that our emotions don’t lead us to interfere and ruin them. Anxiety is a big factor for me, so this could be helpful. Thanks for sharing!
HeavLeighGill26 posted: I think you make a good point and I’ve seen other suggestions to set and forget trades so that our emotions don’t lead us to interfere and ruin them. Anxiety is a big factor for me, so this could be helpful. Thanks for sharing!
Yes, I figured there have to be set rules that you don't break as a trader. Rules that work for you and will protect you from yourself.
One can state that trading activity is really easy and I can't not to agree with this point. It becomes easy as soon as you gain some knowledge and experience in this field. Until you don't start trading it seems to very difficult and you think that it's almost impossible to make money here, however it's not like that. I always advice such people who always doubt that they need to try and only then they can make conclusions towards trading. Moreover, if you will lose your money on your initial stage, then it's okay, never give up and everything will be okay. I am tend to suppose like that actually.
This growth was in trading always actually. If we look at the graphics of all tech companies in the world, not only tech actually, we can see that all of them show stable growth on the 10 years graphic. Thus, it can't sharply drop down in my opinion. Everything is growing because economics are growing too. Hence, the best way to earn money on this growth is just to join trading activity I think. Never doubt that something might go wrong. If you consider investing, for example, then nowadays is a good opportunity to start investing, because companies grow pretty fast, up to 20-40% per year. The vast majority of companies want to grow, hence their stocks grow too.
Trading is easy only in case of proper learning and practicing. There are no easy activities in our world, all of them require some experience and skills. Actually, if you will think that it's easy it can be pretty useful for your results in trading. Anyway, traders should seriously approach to trading activity and it doesn't matter what direction does the price take nowadays. Even if there is a strong bullish trend on particular asset, it doesn't mean that you should open only bull positions. You should calculate and analyze everything before opening a position. So, only if you will learn and practice properly, you can gain results.
Hey guys, by easy: I mean we know what we should be doing but our nature becomes a huge obstacle, that is why big institutions invest in EAs to minimize the hand of a human... I'm sorry if I sounded insensitive or undermined how hard this sh* can get.
Much Love to everyone dealing with the ups and downs of trading the markets.
Trading in the forex market will definitely pose a challenge to any newcomer. The only way through the tense market situations is understanding the best way to approach its sentiment to bring in returns. Traders need to be broad minded and work on themselves and improve their decision making skills.
ПРЕДУПРЕЖДЕНИЕ О ВЫСОКОМ УРОВНЕ РИСКА: торговля иностранной валютой связана с высоким уровнем риска, который может подходить не для всех инвесторов.
Кредитное плечо создает дополнительный риск и вероятность убытков. Прежде чем принять решение о торговле иностранной валютой, тщательно проанализируйте свои инвестиционные цели, уровень опыта и толерантность к риску.
Вы можете потерять часть или все свои первоначальные инвестиции. Не вкладывайте деньги, которые вы не можете позволить себе потерять. Ознакомьтесь с рисками, связанными с торговлей иностранной валютой, и обратитесь за советом к независимому финансовому или налоговому консультанту, если у вас возникнут вопросы.
Любые данные и информация предоставляются 'как есть' исключительно в информационных целях и не предназначены для торговых целей или консультаций.
Прошлые показатели не являются признаком будущих результатов.