Jump to content

Exchange Blog Cryptocurrency Blog


All Pips



elfrilaen

Member
  • Posts

    13
  • Joined

  • Last visited

Posts posted by elfrilaen

  1.  

    Traders were not robots that do not have emotions, of course there will always be the condition of the emotions experienced when the trading occurred, either while being analysis or putting the open position, which is important to be able to control emotions trading could push into a maximum, not eliminate it
     
     
     

     

    Emotions act like water. Water usually has a container to hold it, but if there is no container, water will be in irregular shape. Emotions have a certain container within us, for example in the habits / actions that we do in everyday life also involves emotions
  2.  

     am in a learning stage and am utilizing around two to three hours a day to judge and understand the market. If I shall say that this is not affecting my personal life then it will not be true. I think I am diverting two to three hours from my family life towards learning Forex by doing this I am losing two to three hours of family closeness and my family is equally feeling those two to three hours of my absence from them. and forex save my life. but my broker is the hero, they always give me bonus, and make you strength on trading.

     

    in any case, patience is always sweet fruit. In fitness with trading, patience means willing to wait for the signal. Should not rush into OP. It should be ensured that all rules are fulfilled then it can be done Open Position (OP). Remember, at Forex the opportunity will always come. Nothing today is still tomorrow. So, wait for the OP only when you see the correct signal in accordance with the provisions that have been set.

  3. Even though i am using the same way where it is quasi automated trading, but people have different flavor to their trading system. For scalpers who after small pips profit will prefer manual trading where all in their control, also the time they need to reach their loss or profit target is relatively shorter compared to momentum based trader.

    Tips to control the psychology of trading is to keep from trading excessively. That is, traders are faced with the many signals from various PAIR. I recommend that, of all couples, choose one that gives the best signal / pattern

  4. In long term i think that most of us will face the situation where we should let the trading go or the time where we try to pursue more profits. In this case, risk management is pretty much important where it brings us more chance to grab the profit or at least to reduce the risk, so we all would complaint less about forex.

    it is reasonable if there are complaints in this forex business. especially if losses occur over and over will certainly discourage someone. it's also a mistake that should be fixed in order to avoid the same mistakes in the future

  5. You are right. Good money management can save one from great loss. Even a low winning strategy will work good if the trader knows how he is going to lose his money and how he is going to gain it.

    Trading with the application of MM is the right goal is a bunch of small bits of wealth, so it can be enjoyed in the long term.Be realistic about the amount of risk needed for forex business. For example, do not cheat yourself by thinking 'prices will turn', so not willing to cut loss. If you have violated our analysis, let the system run, do not think that our brain.
  6. Well everyone is not made for investment. Different people have different mindset. And those who has investing mindset also are not sure to make profit. There are lots of thing to consider before investing.

    right sir! if we want to invest do forex should consider it carefully. especially beginner traders, do not let family needs are not met because of prioritizing forex.

  7. Forex trading is flexible and if we want to trade everyday, we can do it because forex opens 24 hours in 5 days. Every trader has own rule for trading. Some of them also choose to trade in a certain time, like when news release. And for me, I usually trader everyday in FXB trading, because I also still learn and understand about forex more

    Control the patience in the transaction, wait until the price movements in accordance with the rules or systems that we use. Wait until find the best moment to enter the market. Being impatient and eager to make transactions is often a trader's disease, and usually an impatient trader will get stuck in a price that goes against the trading position.
  8. many traders can not share their time and spend most of their time in front of a computer while watching the charts and price movements that are very draining, energy and time. not a little energy that we spend just to pay attention to the chart including our emotions. if we used to use a small risk, then we will be more calm than we use a big risk

    Loss is part of trading, there is no trader who never experienced loss. When experiencing loss, do introspection related to how we do open position? what error has been made? have a daily trading record will be better. Do not open trading positions in a state of emotion. Keep in mind that traders who experience Loss psychologically can weaken patience, concentration, and ultimately generate emotions. trading increasingly disobey the rules of the system used, resulting in greater loss
  9. a thing that can when a businessman fails, because all there is a risk all have their own spouse, humans also have good and bad, because the business also there is a risk there are profits so, it all depends on the management of his own traders how in dealing with the shortcomings , many ways that we can do to facilitate the many facilities that are given instaforex broker, we live that can manage and use it

    losses in trading it is normal, there will be no traders who never loss, even trader PRO must have experienced a phase of failure. Only traders PRO managed to fight negative things that can bring traders to the peak of success. let alone if we experience loss, error correction ever made, patiently waiting for the best moment to enter the market. Do not over trade or trading blindly because you want to reply to losses that previously occurred.

  10. First of all what we should planted in our own mind that we trade because we want the profit, no matter how big or small we should just reap it. It is better to win small rather than to lose small amount of pips. The rule is simple, but it seems that there are some kind of people who just accepted big profit as the TRUE profit. As long as my weekly or monthly account still positive, it is okay to me.

    Believe and discipline on the trading system used it should, but traders do not have to have excessive confidence when making transactions. too sure there will always be a profit from every transaction is also not good. greedy and not sticking to Money Management often leads to losses. suppose it has a profit 30 pips, already meet the daily target close MT4 cap, and do not trade again until tomorrow. Avoid over trading much better and can improve the mental success of trading.

  11. So they say, "Forex is yes it can not .. Gambling or not is depending on the style of each trader If you trade based on the" feeling "or the chances and the origin of guesses.Can certainly you gamble, but if you do trade based on a mature analysis, both technical and fundamental then you are not a gambler but a trader ".

    forex is said to be a gamble if the perpetrators do not use technical or fundamental analysis. which only tends to make transactions just by guessing or relying on luck

  12. fear will hit a trader if his account has just hit the MC or suffered huge losses. so to start opening a new position again arises fear and inner doubts within him that make it difficult to make decisions. doubts that we must minimize with accurate analysis and accompanied by money management in order to remain safe even if our position and direction of our trading is wrong

    Fear in trading, can mean fear of starting a transaction or open position, afraid of floating minus even be afraid to see the chart. It's a matter of bad habits that traders often encounter.
    Fear is the emotion that paralyzes us, when we are convinced that we must do transactions or executions, but we can not.
  13. everything is helped by the workings and also the management of every trader, so all should be able to think more mature and professional for easy in menyikapo every business someone has their own shortcomings and advantages and for a person who wants to do business must understand the consequences because it has become a rule that we must live so that our business more smoothly, and need to remember the risk must be considered first, because the benefits that we can be from the way we control the risk well

    forex is not a gamble if a trader has an investment objective.
    and indeed forex can be treated gambling if traders only rely on luck.
×
×
  • Create New...