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Psychology of Forex Trading
Tham gia từ Aug 27, 2017
994bài viết
Aug 25, 2019 at 16:17
Tham gia từ Aug 27, 2017
994bài viết
Roberto21 posted:
as a newcomer , learning Forex now already easy actually because many source we can learn and read from these sources , yes Baby pips is almost popular website among trader to learn Forex on school tab section , but also will very important while learn on theory also use demo account to practice .
No doubt; nowadays there have so many options but till now it’s challenging; because the success ratio is (till now) below the 10%!
Tham gia từ Apr 18, 2017
718bài viết
Aug 30, 2019 at 16:46
Tham gia từ Apr 18, 2017
718bài viết
I think so; it’s challenging but there have so many educational courses through online; of course, it’s a positive sign!
Tham gia từ Aug 11, 2017
886bài viết
Aug 31, 2019 at 12:23
Tham gia từ Aug 11, 2017
886bài viết
its very practical and common attitude for beginners level , due to having emotions they cant survive when kick off a live trading , in practical there is no way to stop emotions at all , but only by regular practicing with discipline it can be controlled of course.
Tham gia từ Aug 27, 2017
994bài viết
Aug 31, 2019 at 16:18
Tham gia từ Aug 27, 2017
994bài viết
When I was a newbie then I didn’t know the value of SL and avoided; as a result; I lost a bigger portion initially because of avoiding the SL! But, now I always set my SL according to the support/resistant levels!
Tham gia từ Apr 18, 2017
920bài viết
Aug 31, 2019 at 20:00
Tham gia từ Apr 18, 2017
920bài viết
Mohammadi posted:
its very practical and common attitude for beginners level , due to having emotions they cant survive when kick off a live trading , in practical there is no way to stop emotions at all , but only by regular practicing with discipline it can be controlled of course.
But you can make your better brain by meditation; it’s the best practice!
Tham gia từ Aug 11, 2017
886bài viết
Sep 01, 2019 at 07:22
Tham gia từ Aug 11, 2017
886bài viết
There are many important things we the traders have to focus when choosing a broker, from all I think spreads is an important financial tool which an investor should consider when choosing a broker, if we have lowest trading spreads we the traders can make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time.
Tham gia từ Aug 09, 2017
785bài viết
Sep 01, 2019 at 07:56
Tham gia từ Aug 09, 2017
785bài viết
we cant avoid the importance of learning at all , because there is no way to stop learning even after passing a long time in here , but learning can be useless if there is no discipline and practice. so, it is more appropriate to maintain real trading discipline with consistent practice.
Tham gia từ Aug 27, 2017
994bài viết
Sep 01, 2019 at 15:15
Tham gia từ Aug 27, 2017
994bài viết
Imamul posted:
we cant avoid the importance of learning at all , because there is no way to stop learning even after passing a long time in here , but learning can be useless if there is no discipline and practice. so, it is more appropriate to maintain real trading discipline with consistent practice.
Basically; which traders have a tendency to stop their learning process; generally they struggle a lot!
Tham gia từ Aug 11, 2017
886bài viết
Sep 08, 2019 at 06:16
Tham gia từ Aug 11, 2017
886bài viết
exactly , market moves according to its own style , but sometimes we traders fall a great trouble when it doesn't follow at any trend , in that time only stop loss can reduce the losing percentage.
Tham gia từ Apr 18, 2017
920bài viết
Sep 28, 2019 at 17:02
Tham gia từ Apr 18, 2017
920bài viết
Mohammadi posted:
exactly , market moves according to its own style , but sometimes we traders fall a great trouble when it doesn't follow at any trend , in that time only stop loss can reduce the losing percentage.
Basically when I am not sure on the status of current market; then I don’t open any new position; since following the market trend is my main business!
Tham gia từ Aug 11, 2017
886bài viết
Oct 02, 2019 at 03:57
Tham gia từ Aug 11, 2017
886bài viết
Forex market place like an ocean where million $ looks as like a drop of water. and no chance to bring profit very rapidly from here without learning.
forex_trader_795593
Tham gia từ Oct 09, 2019
32bài viết
Oct 14, 2019 at 05:17
Tham gia từ Oct 09, 2019
32bài viết
We tend to let the emotions get the best of ourselves if thing are not going in our ways, so it is important to accept the loss and try to learn the mistake from it rather than getting upset like a child.
Oct 14, 2019 at 08:50
Tham gia từ Apr 09, 2019
9bài viết
It's true you need to be disciplined, I agree with that. But in order not to lose a trade do not invest all your money into one trade and if it go against your position buy at the lower level. I think this is better than to put a Stop/Loss on losing position.
onebox@
Oct 20, 2019 at 17:43
Tham gia từ Oct 20, 2019
9bài viết
Monnex posted:That's the list that every trader should hang on the wall. Often we forget about these rules. Thank you!
Forex Psychology: If you want to profit from your trading don't do 7 mistakes
1- Trade too much
2- Risk too much
3- Thinking too much
4- Reading too much news & analysis
5- Gambling
6- Trading without a strategy
7- No money management
Tham gia từ Apr 18, 2017
718bài viết
Oct 22, 2019 at 09:14
Tham gia từ Apr 18, 2017
718bài viết
Roberto21 posted:
as a newcomer , learning Forex now already easy actually because many source we can learn and read from these sources , yes Baby pips is almost popular website among trader to learn Forex on school tab section , but also will very important while learn on theory also use demo account to practice .
No doubt; babypips course is useful; but you may noticed, it’s all about the basic info on trading! So, I am not overconfident on this free course!
Tham gia từ Apr 18, 2017
920bài viết
Oct 27, 2019 at 15:12
Tham gia từ Apr 18, 2017
920bài viết
Roberto21 posted:
we always think which time is best for trading , i think every time is best in Forex trading if you know how to manage money but for the beginners level it is more appropriate to avoid news trading , its too much complicated to predict the real faction of this market with certainly.
Well said; but basically set my entry point according to the position of support/resistant levels!
Tham gia từ Oct 19, 2019
38bài viết
Oct 30, 2019 at 09:50
Tham gia từ Oct 19, 2019
38bài viết
Well yaa i agree somewhat. You should rather try to engage yourself on some forex trading forums where traders talk about their challenges, their strengths and tricks they use to trade forex. That’s a great place to learn from people’s experiences.
Tham gia từ Sep 04, 2019
10bài viết
Oct 30, 2019 at 12:43
Tham gia từ Sep 04, 2019
10bài viết
I find forums interesting but dangerous. Mainly forums are filled with newbies offering there 2 cents rather than pros providing decent advice
Tham gia từ Mar 03, 2019
57bài viết
Nov 07, 2019 at 15:49
Tham gia từ Mar 03, 2019
57bài viết
cravenprofession posted:yeah there can be some of those types on forums, there are also others that are helpful and worth listening to.
I find forums interesting but dangerous. Mainly forums are filled with newbies offering there 2 cents rather than pros providing decent advice
Tham gia từ Aug 09, 2017
785bài viết
Nov 11, 2019 at 08:22
Tham gia từ Aug 09, 2017
785bài viết
Forex market is so complicated above all when you are a beginner , and there is lots of chances to take wrong decision even when choosing a broker . so the importance of a fx mentor is more. but dont fall a scam , good luck
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