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if a trader lose money in forex then he should try to control his emotions and if he will not control his emotions then he will do more mistakes and it can give him more loss .i think a trader should try to control his emotions .:)Quote:
Originally Posted by dareking
in my opinon ti orevent our acout from loss we must alyws keep uzing stop loss order , as you are new trder and foreg to think to take risk in your beging life trding , beoze Stop-loss guarantees the trader cut losses and go out from the market once he earn that it no important to continue
I'm not the best recommendations, but benefit from the expertise of former is important, so I'm learning from the experience of successful people in the Forex, but I do not I use their recommendations, I love to work through my mind and not through the mind of others.
i think you have to practice more in demo account......... and also i think that you take more risk in your trade......... and you trade with your luck...... so i think you have to trade in demo account with proper knowledge about how to do news analysis........
my suggestion as a trader is that first we have 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 more 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.
we shouldn't get a margin call just to learn that we shouldn't not use a stop loss sometimes and therefore it makes us learn quickly and start from where they ended up either when we work without reference.Quote:
Originally Posted by reham
my advise just like a trader will be the discipline and emotional management. l have tried such a large amount of sensible strategies other then l fail a lot of the time the most reason was that l never follow them absolutely. thus it was actually wasting of months and years. a thing you need you should not forget is if you really won't management your emotions then time and experiences can never make it easier to for improving your trading skills.
As trader forex your decision and your choice. If you have find the best business that give you good profit, why you need to trade forex? but for me i will trade forex because i dont find any good business that give good opportunity for making money as forex does.Quote:
Originally Posted by reham
haan emtion me admi sirf galtiyon hi karta hai emtion trader ke liy bahut nuksaan dayk isse trader bahut hi jaldi tyaag dena chahiy yadi trader emtion me control kar leta hai to uski trade se kafi loss bach sakta hai ,Quote:
Originally Posted by dareking
advice from me, for beginner traders should not rush to the real trade before successful demo account, learn and continue to do the exercises until I can make a profit consistently, if we've managed to make a profit on a demo account, then we are ready to enter the trade real.