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what is the reason that currently we've against ourselves? thats not true. if you undertake achieve this, youll continue over to blame themselves. emotion conjointly is not the particular enemy, subsequently of emotion is an component of one's personal like a ancient individual. we're positively not against a thing, some other then do not provide nice latitude on your thoughts and in fact the particular mental terrified.
It is true that in forex trading we are the main enemy of ourselves. If we could not trade with skill and discipline then we could not get success here in forex trading. We should need to develop our skill and have to control our emotions.
Our emotions are the main enemy and we should control them at any how.
True ! Its mostly happen with me , not only only with me Many traders didn't control their emotions , They trade with emotions and facing harmful result many times but its difficult to control emotions in trade we need to keep patience and wait for profit and use the stop loss and take profit and never see market again and again.
hanji bhai trader ko aggressive hokar kabhi bhi forex mein trade nahi karna chahiye,aisa karne se trader ka apna khud ka he loss hai ess business mein,aise karne se trader ko kuch samajh bhi nahi aayenga aur na he wo achhe se market par concentrate kar sakenga..Quote:
Originally Posted by fxghost
I think the enemy is indeed a trader is ourselves and indeed we must always be ready and able to manage ourselves well then all would be very nice and we should always be patient then all will be well and most importantly a hard effort.:)))
Actually you can find a cause for this. Greedy for money. that's the explanation. The selections you're creating is usually possibly the most worst selections that have at any time created. That is because you have the ability to may think which the methodology you might have selected can get you to a lot of profitable. Actually it's very fine if you're beginning it having a lower risk stage. But as a result of of your greediness we're beginning having a better leverage stage. If we god lucky we're earning a few very fine money, if not we lose each penny.
Indeed the enemy in trading most of ourselves and our psychology and I think things like greedy, impatient and dissatisfied as well as fear and doubt, it was so shitty, so indeed we should be able to manage ourselves well and don't do the things that are bad and impose themselves.:doubt:
Yes maine is baat ko khud realize kiya hain kyunki hum sirf apni kuch galtiyo ki wajah se money harte hain and bar bar wo hi mistakes repeat karta hain is se saaf pata chalta hain ki hum khud hi real enemy hain jo khud hi apni money harte hain or koi nahi.
yeahh I feel alone that, sometimes when we use a larger volume when trading and losses (hit stoploss) then we would be more emotional, then open a position with a lot bigger than before. This makes us experience greater losses. I often do that, even when I realized, I've experienced margincall account. I realized that I did not master of psychological trading so that all this happenedQuote:
Originally Posted by mehmed
what is the correlation with forex market? It is very rational and predictable : At the time they open trades (using a large amount of money), the market moves accordingly. What do fundamentals do ? If the news report for a country is better than expected, that country's currency usually gets stronger and moves the price, if it's worse, that currency will be weaker and moves the price to the other way.