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i think you lose your control over your emotion when get big profit and make wrong decision about trade aqnd lose it.i think that you should make up your mind first for a good profit, when you get that you withdraw that you may decide that what you will get that will be bonus and you will not invest again you have to earn with that capital.
i,m just learning it and with my study of forex is that always learn and then try to earn and not make yourself a greedy man and trade with cool mind and eat only eggs and not try for hen.
i might recommendation to carry out proper analysis before opening a trade and set a stop loss below support level, if your trade are investment type and you really are not using stop loss, you must never use higher leverage consding safety of one's account.
Thank you Friend main aapki advice ko dhyan rakhunga aur sath me follow bhi karunga. my advise as a trader is the discipline and emotional control.l have tried so many good strategies but l fail most of the time the main reason was that l never follow them fully .so it was wasting of months and years.one thing you must not forget is if you will not control your emotions then time and experiences will never help you for improving your trading skills. best job...........
actually maximum of the successful traders advice is = to be a good trader learn trade and gather experience. because this is the best way to be a good trader.
I know one set of knowledgeable Forex trading but I already knew a lot of things that can help myself in my trading. My advice to beginners is to draw your two favorite numbers and trade only. Survey mart's movements and routine action value. One way to profit in the Forex is the distinguishing feature of moral analysis and eloquent bonk lucky
well i believe it's superb to firmly utilize a recommendation frm the trader within the forex trading who has got the experiences of concerning 3 years. i i believe he is going to utilize a well known knowledge concerning all the ups and downs as to the trading business and that is mostly occurs and also the risk factors that cause loss..
I have tried numerous smart strategies however l fail the majority of the time the most reason was that l never follow them totally. I believe these may create profit faster than that. These barely have to be compelled to focus. Know just how out to make use of it out to open position and shut it, understand when to not make use of it and skip the trade. Additionally management the emotions may be a mandatory issue here.
Aapne ek dum sahi baat kahi hai bhai, emotion ko control karna isliye jaruri hota hai, emotion mein aa kar trader kafi jayda galtiya kar dete hai, aur wo successful nahi ho pate hai, emotion aur discipline aur patience ye sab jaruri hota hai.Quote:
Originally Posted by ermaniso2011
waw that surely a great advice ever heard about it. and getting started with your forex trading. If you prefer reading a book, “Forex for Dummies” is a good place to start. i think so there is also practical advice on choosing a forex broker and how to go about opening your broker account