Yourself Is The Real Enemy.

I strongly agree with this phrase
that the enemy is yourself

enemy in forex is embedded within this is for
greedy> greedy is our enemy if profit
fear> fear is our enemy when loss or profit, profit afraid, so can not hold an open position profit
hope> hope of turning back the price, which means we predict prices,

A trader who trades manually and is solely responsible for all his losses and you can not say the trader is the enemy of himself. It is the normal human behavior that a man gets confused under pressure but with good knowledge every thing can be normalized.

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Originally Posted by rohit10

A trader who trades manually and is solely responsible for all his losses and you can not say the trader is the enemy of himself. It is the normal human behavior that a man gets confused under pressure but with good knowledge every thing can be normalized.

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Our enemy in forex trading is our selves that is right. We should controlling our emotion and dicipline with our trading system. Becoming dicipline is hard but it must if we want to make profits

Quote:

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Originally Posted by arjun

whether you 've realized that the real enemy in this business is yourself. to be successful you should be able to control yourself. including controlling the emotions, the nature of greed and fear nature.

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Honestly speaking, when it comes to forex trading, we are the enemy of ourselves... We want to make a hell of profit after few profits and later we will soon lose when trades or market go Zigzag.....

as well as any tricks and analysis techniques that we use, if you can not control your emotions with good trding results would be bad too, because in the trading and analysis techniques not only needed, emotional trading is very berperaan here..

I think greed, big lots and over trading are all my enemies because whenever I have lost my money at least one of them were involved in that case .
I have tried my best to give up all these mistakes and at last I am so successful in that .

The thread title is exactly true, we are our own enemies because each and every wrong decision is made by us. We do mistakes ourselves. Forex is the business that needs a great deal of knowledge and experience in a trader, now it is our mistake that we start trading without proper knowledge and education.

yes, other than to control their emotions well, to be a successful trader you must also have good money management as well. apart from that we also have to study hard and learn from the mistakes we've ever done. if we can learn from any mistakes we do, then we can become a successful trader.

I think that during the trade the foreign currency you reassures with renewed spirit and blame. There should be no fear of the Spirit. We must do everything in our feelings. Only then can we on the successful type.

Sometimes we are the enemy of yourself, because the Forex market, we need to be really honest and admit we are wrong,...