voketexpert posted:
commonly for the new trade , the first thing they should be doing to do more of the learning. The beginners do not know what way to go in the Forex, and therefore they are always confused, it's better when they take their internship and learn very seriously so they can learn better.
Well said.
Always practise as much as you can
Trading real money is also important to strengthen your psychological resistance
My suggestion is:
In MQL4, after the position has been opened: Just close the terminal window, and don't open it before the exit criteria has been met :)
That is the strategy for controlling emotions I am going (trying) to implement. Keep enough capital in your account so one unfortunate trade wont affect you.
Trading with microlots can be rewarding, too. Like said, trading with 0.01 lots or even smaller.
In MQL4, after the position has been opened: Just close the terminal window, and don't open it before the exit criteria has been met :)
That is the strategy for controlling emotions I am going (trying) to implement. Keep enough capital in your account so one unfortunate trade wont affect you.
Trading with microlots can be rewarding, too. Like said, trading with 0.01 lots or even smaller.
Err.. Of course, I tried to say MT4 not MQL4. With terminal I mean the window just below the charting window. Maybe it would be good idea to close that terminal window, so it is out of mind how much in loss the Equity is :)
Oct 05 2018 at 10:14
niceGLer posted:
Err.. Of course, I tried to say MT4 not MQL4. With terminal I mean the window just below the charting window. Maybe it would be good idea to close that terminal window, so it is out of mind how much in loss the Equity is :)
If I understood you correctly if you press CTRL + T it will remove that section of your Terminal. so you cannot see your Equity.
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niceGLer posted:
Err.. Of course, I tried to say MT4 not MQL4. With terminal I mean the window just below the charting window. Maybe it would be good idea to close that terminal window, so it is out of mind how much in loss the Equity is :)
Well you cannot close the terminal as otherwise you cannot watch the profit growing :)
in Fx to be a skilled trader is a big deal , but its a long term process to achieve this position , for that reason most of us lost motivation after passing sometimes, so it is more appropriate to keep patience.
Oct 07 2018 at 06:04
togr posted:
Well said.
Always practise as much as you can
Trading real money is also important to strengthen your psychological resistance
Agree my friend.
Pips are absolute aphrodisiac, so trade with your brain not your lust. Forex will always be the same.
Mohammadi posted:
in Fx to be a skilled trader is a big deal , but its a long term process to achieve this position , for that reason most of us lost motivation after passing sometimes, so it is more appropriate to keep patience.
Really it is, actually we react instantly here like after losing a single trade! But the success is a long term process here, it takes such a long time to achieve.
In financial market more than 75% traders leave their trading profession within the 1st 3 years! So, any consistent result is acceptable here! I personally know few successful Forex trader who are making really massive right now, but in their initial stage of trading they made ordinary profit in their trading, so experience pays good!
in Forex In order to my trading experience, I think For the traders who are particularly newbie the best leverage is 1:20(maximum) attend no 200. But the trader who has 100% wining method in Forex trading can use 1:500 leverage . 1:500 leverage will be best for those traders. But one thing that, all leverage are good. Its only depends on trading strategies and trading plan of a trader.
