To use chat, please login.
Back to contacts

Psychology of Forex Trading

rob559
Dec 28 2016 at 07:20
1916 príspevkov
when the risk is low you can sleep better

FxMasterGuru (FxMasterGuru)
Dec 28 2016 at 07:24
1607 príspevkov
mitchel14 posted:
Forex Psychology: never dazzle thinking that you will become a millionaire with minimal investments and without any small risk


Correct. Forex is modern days' 'Gold Rush'...

As we all know, during the 'Gold Rush' mostly the merchants had become rich... Like Forex brokers in modern times....

We are like these guys, just in a different century...



Prílohy


Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
jannel
Dec 28 2016 at 07:42
28 príspevkov
Monnex posted:
FxMasterGuru posted:
With algorithmic robot trading there is no concern of trading psychology... Also, less stress, more sleep and even more free time.

Added bonus: Making profits during the Asian session while you are sleeping. 😄


depends in your EA strategy :-)



I absolutely agree with that.

Monnex (Monnex)
Dec 28 2016 at 13:32
56 príspevkov
Forex Psychology: If you don't have trading strategy but you have winning trades that means you are gambling and lucky for a while but at the end you will loose all your money

The Worst Enemy Is The Time Taken To Find A Good Signal To Trade on
Monnex (Monnex)
Dec 29 2016 at 09:35
56 príspevkov
Forex Psychology: Be honest with yourself if you are loosing money from trading stop and find good strategy then try it on DEMO accoount

The Worst Enemy Is The Time Taken To Find A Good Signal To Trade on
rob559
Dec 29 2016 at 09:42
1916 príspevkov
trill12 posted:
Monnex posted:
Forex Psychology: If you don't have trading strategy but you have winning trades that means you are gambling and lucky for a while but at the end you will loose all your money



I agree... In this business strategy is everything! You can not trade at the mercy of luck.
of course

FxMasterGuru (FxMasterGuru)
Dec 29 2016 at 09:53
1607 príspevkov
Don't let trading become a dangerous gambling habit or a gambling substitute.

Start with a VERY SMALL, but REAL LIVE account and with a strict MONTHLY budget.

If the budget is gone, reevaluate the mistakes until next month's budget kicks in. Never violate this rule.

Should your budget survive the month: Good for you! You are on the right track!

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Monnex (Monnex)
Dec 29 2016 at 11:52
56 príspevkov
FxMasterGuru posted:
Don't let trading become a dangerous gambling habit or a gambling substitute.

Start with a VERY SMALL, but REAL LIVE account and with a strict MONTHLY budget.

If the budget is gone, reevaluate the mistakes until next month's budget kicks in. Never violate this rule.

Should your budget survive the month: Good for you! You are on the right track!


I agree with you that REAL LIVE account is the best learning field to trade, but with very small amount of money

The Worst Enemy Is The Time Taken To Find A Good Signal To Trade on
mitchel14 (mitchel14)
Dec 29 2016 at 20:50
58 príspevkov
FxMasterGuru posted:
mitchel14 posted:
Forex Psychology: never dazzle thinking that you will become a millionaire with minimal investments and without any small risk


Correct. Forex is modern days' 'Gold Rush'...

As we all know, during the 'Gold Rush' mostly the merchants had become rich... Like Forex brokers in modern times....

We are like these guys, just in a different century...





Thank you ... you could not graph it better. 😉

naiza
Dec 29 2016 at 21:06
36 príspevkov
Monnex posted:
FxMasterGuru posted:
Don't let trading become a dangerous gambling habit or a gambling substitute.

Start with a VERY SMALL, but REAL LIVE account and with a strict MONTHLY budget.

If the budget is gone, reevaluate the mistakes until next month's budget kicks in. Never violate this rule.

Should your budget survive the month: Good for you! You are on the right track!


I agree with you that REAL LIVE account is the best learning field to trade, but with very small amount of money




REAL LIVE is the best coach.

Pre zaslanie komentára sa musíte najskôr prihlásiť.