Thats very good keep learning,.No one becomes a good trader without learning the basics you must improve your technical and fundamental analysis than you can also get 100-200 pips daily.
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We face lots of ups and downs during our trades. Some trades will go on to make huge profits while some may lead us to huge loss. The trends seem to be different all the time, and hence we make different strategies every time we go for the trade. Some will be great and some may not.
I agree with you. It is very important for us to take care of our emotions. We always fear of losses. We lose our mind just because we lost lots of money. But we should not be doing that. Loss is the part of the business. We need to accept it and never get depressed and stressed about that.
Sometimes trading seem to be more difficult and sometime more easier. We never know what will happen. We will never know what we will experience when we will go for the trade. We just try to make sure that whatever the market trends are we need to make handsome profits. It has been long time since I have been trading and I had lots of bad days as well as good days.
kal maine eu main trade kiya tha.
but i suffered from minor loss.
the loss was not in high amount because i was just tested the EU and i hope that in future i will not try before thinking or before advising.
yeah, today market is very slow and not have much movement as compared to other days because lots bank holidays on today after Christmas celebration on yesterday. even, i had open one order on today still waiting for maturing soon.. but its not yet mature from more than 5 hours are passed.
As I trade almost every day and go through different phases in this trade everyday.Sometimes i win and I am happy and sometimes I loose and is sad.It is a mixed feelings but I am learning this trade so I do not loose hope when I suffer losses and learn from my mistakes.
aaj ka din mere liye acha nahi tha, i hardly had any time to trade today coz of my college and so in a hurry i opened a position in eur/usd and unfortunately started to enter loss, i thought that if i wait for time might be i can get back to neutral but lost finally and feeling bad about it
correct we should also determine the daily target, if I may be a target of 5-10% have been satisfied if I do not trade anymore, then just trade again tomorrow. use targets and good management so that we do not over trade and loss.