become hero or zero actually is determine by our mind set and attitude about forex. if we can handle everything with calm and never get involve with emotions, has discipline mentality. surely we will...
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become hero or zero actually is determine by our mind set and attitude about forex. if we can handle everything with calm and never get involve with emotions, has discipline mentality. surely we will...
the big different between demo acct and real acct is in the psychology effect. since real acct use our real money so the pressure of don't want loss money is higher. that's make we trade irrationally...
my target is to get 10% profit from the amount of capital that i put in the acct. last month i get 11% i am happy i hit my target. this month is pretty tough, hope can hit the target too.
there is no doubt that trend is trader best friend. what i do everyday is reading economic calender and make sure there is no big news happen on that day. normally i will skip trading if there is...
i am part time trader. all i can do is 3 - 4 hours a day. only in public holiday i can be full time trader and take more than 5 hours in front of chart to see the movement of the pair.
that is true, having good strategy trading is the first thing that make us success in this business. luck is only small percentage that can increase our profit. experience and skill is the important...
first thing is mental. i believe every thing create 2 times, first we created mentally and the second is physically. winner mentality make us have good mental attitude in facing all the problem we...
we are in this business for long term goal. financial freedom is motivate me to keep learning and trading in forex. what ever happen to my trading i will keep doing it until i get the formula of...
that's true, having good community is good to share and makes us motivate in every day trading. i prefer take a rest for few days until i have good spirit again then start trading with fresh mind.
there are to many benefits that forex market over compare to other investment instrument. forex can give us time and financial freedom, we can trade any where in the world as long as there is...
that is true, i also following this principles. it will be better if we can practice until we can get 6 months consistent profit in one row. that can be indication that systems that we try is working.
you have complete list of reason why most trader loss their money. i personally have experience all point that you have been said. basic reason for losses is lack of emotional control.
that is true, beside that forex can be easier to analyze fundamentally. we just see bloomberg or news paper about the country that we trade. it can give us big trend analysis.
everyday i make commitment to strictly follow all trading rules that i've been set. that's make me reduce my negative emotion in my trading. although some time it's hard to refuse to make open...
by using stop loss and take profit it can make us more relax. we can walk away from computer as soon as finish open position. for me i prefer stay few minutes to see where the market will go.
the more i do trading i can say forex is not that risky if we know how to reduce it. its really depends on trader it self, i suggest for us to reduce the risk of transaction we do everyday.
that is the really different is the emotion of money. this is make most of trader get involve with greedy and fear every time they enter market. no wonder many trader loss in real acct.
if we already have great system trading and using stop loss and take profit i think we can leave computer after make open position. reading books is good to do when we are low in spirit.
forex is place to get rich quick, this mind set make forex trading growing like mushroom. but the real situation if we have wrong mind set like this forex is the place for poor quick.
follow exactly what our trading plan ask us to do. no matter how long it takes to make open position just obey it. it better to wait the signal to come and profit at the end than trading everyday...
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