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i need help.

iamprog
Oct 13 2020 at 01:18
6 poster
LeviSievwright5 posted:
There are many websites online where trading education is provided. The first condition in Forex trading is to acquire education. It is not possible to get good rewards from trading without proper education. A lot of information can be found by searching YouTube on Google.

tnx. i does that a lot and sometimes i think that was enough, but no. there's no enough in this market.

iamprog
Oct 13 2020 at 01:20
6 poster
DoraWalletInvest posted:
It seems like you might have to learn more about trading psychology. There are two good books about this, Trade Your Way to Financial Freedom and Trading in the Zone. Working on your own mindset and getting to know how the human thinking work in general can go a long way in keeping you from making bad decisions.

very very tnx for your help. i promise i will find and read those books. tnx again.

iamprog
Oct 13 2020 at 01:24
6 poster
MrRenev posted:
My tips:
- Git gud noob
- Day trading is idiotic
- Trading with indicators is idiotic
- Academics looked at entire countries including institutions and could not find anyone that made money day trading

tnx for your tips. i will try to do that.

LeviSievwright5
Oct 13 2020 at 01:48
298 poster
If you want to be successful in trading, you have to maintain discipline and trade according to the plan. You can never trade without a trading plan. Stay away from over trading. Emotions are usually over-traded, so you need to meditate regularly to control your emotions. Money management and risk-reward should be followed properly. If you can follow all these rules properly, then it is possible to make a profit from trading.

VictorAxel
Oct 13 2020 at 07:02
31 poster
DoraWalletInvest posted:
It seems like you might have to learn more about trading psychology. There are two good books about this, Trade Your Way to Financial Freedom and Trading in the Zone. Working on your own mindset and getting to know how the human thinking work in general can go a long way in keeping you from making bad decisions.


Yeah, I've read Trading in the Zone and its a great book for maintaining a good trading psychology, so do not miss on this one.

DoraWalletInvest
Oct 13 2020 at 08:31
123 poster
MrRenev posted:
My tips:
- Git gud noob
- Day trading is idiotic
- Trading with indicators is idiotic
- Academics looked at entire countries including institutions and could not find anyone that made money day trading


Sorry but I don't think this is good advice. Can you maybe link a source about what academics found? Because in my experience there is nothing inherently wrong with day trading. It is not for everyone and it might take more experience than other ways of trading, but 'day trading is idiotic' without any specification does not seem like a fair statement.

Salore
Oct 13 2020 at 17:09
7 poster
Do not blame yourself, in fact, a huge number of traders face the excitement, you probably need to lose a certain amount of money here to understand that you are doing something wrong. Anyway, good luck to you.

Ishndwyn
Oct 25 2020 at 09:36
12 poster
Read the literature on the psychology of trading, it is there that you can find practical tips on how to avoid it.
In fact, you should act as consciously as possible to avoid it. Trading is not a game or luck...

mitchelstrack
Nov 04 2020 at 09:13
30 poster
It is important that you collect as much information as you can and educate yourself about Forex. You cannot be successful until you have a proper understanding and knowledge about Forex trading. You can read books, articles and watch videos to motivate yourself.

Breonnataylor
Nov 05 2020 at 11:49
28 poster
Make sure that you are disciplined throughout. It is the only way of making consistent profits.

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