many of beginner cant be discipline with their trading system, rules and their trading money management. its hard for them to be dicipline because trading with real money give them tension
Printable View
many of beginner cant be discipline with their trading system, rules and their trading money management. its hard for them to be dicipline because trading with real money give them tension
I consider your comments. it's a tough issue that senior can't share their real strategy. I wanna that senior ought to try this so new dealer will learn some issue.
I hope that every one senior will do this.
Yes i agree that their is no ending in learning forex trading because learning is key point of success in forex even if you are an expert so in theat case too you need to learn forex trade so that is so true that their is no ending of learning forex trading.
As beginner take more important for discipline,especially discipline emotion,sometime movement in market is not suppose this situation need control emotion for you avoid mistake to lossing.
Lack of discipline is one of the best reason for losing money.So, discipline is called key to success.
There are many mistakes happened by new traders.I think we should give up this mistakes.
Just telling yourself to put fear and greed and ego aside won't do the trick. You must identify the points within your own trading plan where you will most likely confront these obstacles and make plans to avoid their negative effects. For example, if your approach requires you to interpret chart patterns, you need to define your rules very carefully to remove as much subjectivity as possible. If you do not, you may find yourself interpreting the same pattern differently at times. If your trading has not been going well lately it may be easy to find some perfectly justifiable reason not to take the next trade. Likewise, if you are planning to use mental stops you must prepare yourself to always follow through and to place orders as needed. If you fail to do so, then one bad trade can do you in.
not easy is to apply discipline when we are still in the learning stage, we often feel it can trade, but in fact we often get the loss. but we can learn from the mistakes there, so that could be improved in the future.
in my opinion, in forex trading all strategy is good, so never depend on the share that give by senior member, cause you must be beilieve with your self on trading. other senior strategy just reference for our real strategy in trading.Quote:
Originally Posted by tonmoy500ad
Errors beginners should avoid is not having tolerance, they should not hurry in making huge benefit within short time.It needs self-discipline in every moment. Missing of self-discipline by no means approved in currency trading.any indiscipline and against system is happen here loss becomes loser...
Main samjhata hoon, agar koi naya trader kisi dusre trader ko strategy bata raha hai, to usko samjhane mein koi burai nahi hai, hum usko bhi follow kar sakte hai, usmein modify kar sakte hai, jisse humare liye wo strategy bhi kafi useful ban sakti hai.Quote:
Originally Posted by peyekiwak