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Impulse Trading and How to Avoid It
Medlem sedan Jun 21, 2020
54 inlägg
Aug 02, 2020 at 04:58
Medlem sedan Jun 21, 2020
54 inlägg
Impulsive trading is something that all Forex traders struggle with, some more than others. Trading on Impulse if a bad ideal because you are trading without plan, but the huge to just trade.
More often than not, those
Impulse traders turns out to lose a lot and below are best ways to avoid it.
1.Have Plan; Having a Daily plan is one of the best way to avoid impulse trading, make out your daily plan and make stick to it.
2. Chose A time frame; choosing a time frame helps you to avoid impulse trading, make your decisions based on the plans for that time frame.
3. And finally, Reduce the amount of time you spend on Screen, this will definitely make you and free you from the huge to do impulse trading.
More often than not, those
Impulse traders turns out to lose a lot and below are best ways to avoid it.
1.Have Plan; Having a Daily plan is one of the best way to avoid impulse trading, make out your daily plan and make stick to it.
2. Chose A time frame; choosing a time frame helps you to avoid impulse trading, make your decisions based on the plans for that time frame.
3. And finally, Reduce the amount of time you spend on Screen, this will definitely make you and free you from the huge to do impulse trading.
NO EMOTION DURING TRADING.
Medlem sedan Jul 19, 2020
742 inlägg
Aug 17, 2020 at 23:07
Medlem sedan Jul 19, 2020
742 inlägg
A trader should always be patient. The more impulsive you are in trading, the more you will lose. I have seen many traders who want 100% profit in trading. This attitude is the main reason for the loss. And when they lose. Then say trading is not a good thing. You have to follow the plan in trading. If there is any deficit in the plan then there will be a loss. And you have to be disciplined. And you have to follow money management all the time. You should never trade with an impulsive attitude.
Medlem sedan Jul 20, 2020
286 inlägg
Aug 18, 2020 at 00:28
Medlem sedan Jul 20, 2020
286 inlägg
Most of the time you have to accept the loss in trading when trading with an impulsive attitude. Trading is a game of goals and if you want to win in this game of goals, you must show patience. It is wise to accept this loss in trading and move on to trading. If you start over-trading to cover losses, your account may become empty. Therefore, you need to think positive all the time.
Medlem sedan May 24, 2020
102 inlägg
Aug 18, 2020 at 06:17
Medlem sedan May 24, 2020
102 inlägg
The patience of traders during trading is always rewarded with a good result.
Aug 21, 2020 at 09:30
Medlem sedan Feb 07, 2020
40 inlägg
Go it with a proper strategy, make schedule, do analysis and you never get impulsive in the trading.
Medlem sedan Jul 20, 2020
172 inlägg
Oct 07, 2020 at 19:51
Medlem sedan Jul 20, 2020
172 inlägg
Very informative post. Every trader should be very serious in their trading. Make a plan and choose the best strategy. It will help you to earn huge money from this market.
Medlem sedan Jun 15, 2020
46 inlägg
Oct 08, 2020 at 10:57
Medlem sedan Jun 15, 2020
46 inlägg
You need to tell yourself that no matter what, you are going to stick to your trading strategy as it has been tested. Entry and exit points must be predetermined using indicators, and then you ought to stick to them. Whenever you feel too overwhelmed, take a stroll outside.
Nov 11, 2020 at 11:18
Medlem sedan Aug 07, 2020
71 inlägg
Patience and a well-designed trading plan will really help you avoid unwanted mistakes.
Medlem sedan Jul 19, 2020
283 inlägg
Nov 14, 2020 at 11:28
Medlem sedan Jul 19, 2020
283 inlägg
Patience is the most important thing in the forex market. If you can keep patience on you while trading you will become successful for sure.
Medlem sedan Jul 20, 2020
286 inlägg
Nov 17, 2020 at 02:01
Medlem sedan Jul 20, 2020
286 inlägg
I think regular meditation should be done to avoid impulsive trading. Meditation helps us to control our emotions.
Medlem sedan May 24, 2020
102 inlägg
Nov 29, 2020 at 11:56
Medlem sedan May 24, 2020
102 inlägg
The easiest and most reliable way to avoid impulse trading is to develop a trading plan and a good strategy.
Medlem sedan Apr 15, 2020
187 inlägg
Dec 01, 2020 at 05:36
Medlem sedan Apr 15, 2020
187 inlägg
First of all a trader should be patient always, impulsive trading will lead to loss always. Set a proper goal, plan according to it. Choose a fix time, set a fix entry and exit time according to your strategy. It will reduce your impulsiveness and screen time also.
The more your practice, the more you learn.
Dec 03, 2020 at 12:32
Medlem sedan Jul 27, 2020
79 inlägg
So that your trading is not impulsive, prescribe such a plan for yourself and develop discipline, then there will really be a result.
Medlem sedan Aug 17, 2020
121 inlägg
Dec 14, 2020 at 05:38
Medlem sedan Aug 17, 2020
121 inlägg
To these three points I would add a fourth saying "stick to your plan no matter what". You need to trust your system and trade according to it even if some kind of impulse hits you. If you trade impulses, you lose control over your decisions. Even the best system is not worth much if you can't stick to it.
Feb 03, 2021 at 08:03
Medlem sedan Jan 13, 2021
38 inlägg
The solution to a problem always lies on the surface, you just need to listen and understand how to solve it.

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