Yes .if you wrong way to trade in Forex market, you are not to be a successful trader.it is important that right way to trade in Forex market. right way need to study, good analysis,and practice in demo account.Quote:
Originally Posted by purohit
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Yes .if you wrong way to trade in Forex market, you are not to be a successful trader.it is important that right way to trade in Forex market. right way need to study, good analysis,and practice in demo account.Quote:
Originally Posted by purohit
i guess that the besty thing to do when ones spirrit is down trading is just to take a break for some time even if its just a matter of minutes it would help instead of making mistakes in trades.
It happens to most of the traders while trading , will feel low spirit when nothing is working in our way in the market. Whatever we do will drain our account instead of filling it with green pips. So in such situations i better stay away from market and relax with my family , play some physical games and refresh myself to enter tomorrow in the market.
i believe that a person general psychological being outside the market is reflected in whichever of the two becomes part of him in the forex market?But both hope and certainty has to be mixed .So if you are the usually hopeful type you need to moderate it with a bit of certainty and if you are the ever confident type,you need to reduce your confidence a bit and bring in hopefulness to moderate it.Hopefulness is the best
Trading with hope is better than the trading with certainty. because hope is always for best and certainty suddenly comes withour any mentally approach or thinking
But I think we should be certain about our performance and we should have full confidence on our abilities. Those people who trade with just hope are trading like gambling. But those who trade with certainty are confidence enough to win good profit.
Yes.Never trade with hopelessness, because it will give you a low spirit. Whenever we trade we need high spirit to do analysis and take decision. It is good to be hopeful
A trader should be optimistic and confident about his trades and whatever he does in this markets. It is better to trade positively and a trader must always hope to make profits out of his trades and at the same time must be certain about his study and analysis he has done. So a trader must be both hopeful and certain in these markets.
When in low spirit or bad mood, I would rather choose not to trade at all because they say it will affect my decisions. I would take some time to relax and unwind and get back to trade when I'm in good mood. It's one way of avoiding wrong mouse clicks.
sometimes we encounter a string of losses and it is very painful when it happens because we really don't have a lot of money in this market.
so when consecutive losses happen we will get hurt badly. however, eventually, we must accept that losses do happen and it is our task to improve the quality of our trade and not the quantity of our trade.
but when i'm in low spirit i will try to calm my mind and think of it as delayed success. this helps a bit.
haan sabse badhiya hai jab bhi apko lage ki aap ka mood kharab hai ki hamesha trading se door rho kyuki aap aisae samay me galat trade hi karoge aur usse loss badhega hi isse ach hai door rhoQuote:
Originally Posted by rana202038
low spirit will give a bad influence, so I suggest if you do not have the spirit or bored with forex trading, try looking for a refresher out there to entertain your mind, it later if it is fresh and you can start trading again.