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Avoid predicting the markets, Rather be reactive.

mattieharper
Sep 06 at 07:11
16帖子
@SofieAndreasen i don't concur , no analysis helps you predict the market but they help you to make your strategies as per previous market movements.

Akasuki
Sep 06 at 07:15
288帖子
Every trader should have strategy and plan and they should stick to it. It the market situation is not supporting your system, stay away from the market.

polyeseter
Sep 06 at 11:17
12帖子
Akasuki posted:
Every trader should have strategy and plan and they should stick to it. It the market situation is not supporting your system, stay away from the market.

true that a strategy is needed, for example one can never bet on a horse they dont have any info on

polyeseter
Sep 06 at 11:34
12帖子
mattieharper posted:
@SofieAndreasen i don't concur , no analysis helps you predict the market but they help you to make your strategies as per previous market movements.

well said there @mattieharper

Reece Rispoli (reece22)
Sep 06 at 19:49
41帖子
polyeseter posted:
when i started trading i learnt a few strategies and pair patterns but was still loosing more than i can make, but this was only until i learned to rather react than predict, so i would recite to myself 'reacting is trading and predicting is gambling' keep in mind you must not be emotional about losses,
 what also played a big role in my improvement was to understand that when it is said that about 70% looses their money, for me it was 'out of 10 trades you will loose 7 and win 3 ' so my 3 wins has to bring in more than all 7 loses😄 now this has made trading exciting even more
keep calm and a focused mind wishing y'all a successful trading journey



Good post totally agree

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