we should not be too scared to do forex trading, but we also must not lose the sense of fear, because fear has proven that sometimes can save a trader from large losses.
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we should not be too scared to do forex trading, but we also must not lose the sense of fear, because fear has proven that sometimes can save a trader from large losses.
we could not control ourselves well when trading, when we experience a loss we can not refrain giving rise to emotions, and emotional factors at the time of trading, resulting in loss capital with fast
no, many times, fear makes me lose money. fear will come if we trade using high risk and almost get margin call. it is a bad way to trade. to avoid this fear, we must manage our capital
fear is dangerous.when you get your setup you have to take the trade! Don't hesitate, don't think twice, just take the trade! If you find you're still fearful, then you're not really at the "I don't care if I lose it" level. Reduce you total risk even more. Go down to 1 cent per pip if you have to, but it has to be real money.
patience is indeed very, very important, because it gives patience a huge role for the success of the transaction that we do, so that will directly affect our success in obtaining the advantages, and if we can not apply patience in trading activities, then you will never become a successful forex trader
Before making any forex trade what soever, decide before how much you're willing to lose and you just follow that amount. Set a stop loss level before entering a trade and place it as soon as possible. Never alter your stop loss if your position is losing.
Mujhe fear itna jayda bura nahi lagta hai, Fear to kafi had tak thik hota hai, lekin greedy bahut hi jayda nuksaan dayak hoti hai, main greedy ko hate karta hoon, jo mera profit bhi loss mein chala jata hai.:(
Yes you are right, If any trader feel more greediness in this market then he can easily loss more money, But i think with fear trader did not loss more money on trading time. Because with fearness trader always took little profit.Quote:
Originally Posted by dareking
fear will not make us lose in forex, and we can not make a profit, because fear makes us do the order, so that we will feel safe, but this attitude should be avoided if you want to become a good trader
yeah right ... for fear it would make us very careful in analyzing and deciding to buy or sell positions ... with fear, then you will concentrate more on loss ... so you'll be using a very rational and risk a little ... with fear, then you will find a very safe condition ... and only enter the market if the risk: reward ratio is good ... minimum 1:2 .....