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No trader can get success in Forex until he/she become able to control greedy, emotional and impatience behavior. First learn the trading psychology and find the things which make you frustrated and greedy. After that make a strategy and plan to control these situations. I usually stop trading after loss because it make me frustrated. I also don't look at the bar which show changing profit and loss in the form of figure. I just look at the graph to take decisions.
feelings are the opponents of Currency dealing.You should cure them as you are healing with your opponents.I method for say,when you are sensation some psychological issues like sensation worry or anything else,you should prevent dealing in those days.Forex dealing and psychological disturbance both can't be combined and can't be occur at same time.May be they can occur but you should anticipate toughest outcomes from your dealing then.I will recommend you to business 2 periods when you are psychologically disrupted and business only once with awesome and relaxed thoughts.I think you will assess better with dealing is better.
and yes you are very correct because the more we get to trade with greed the more we end up losing our account so i think i will like to advise all traders never to trade with greed, fear and emotion with this i know we can always be at the winning side of the trade and we can make the numbers of pips we waned
ye bat such me he kissi had tak thk kahi hai apnay meray khyal say hume chahye k yaha pay behter kuch karna hai aur seekhna hai to us k lye kafi khud pay he work karna pare aur jitna zyada hum khud pay work kare gay utna he behter kuch hume hasil hoga lehaza hume kuch na kuch kam b ana chahye aur samjh b honi chahye. a trader's real enemy is actually himself, so which on the actual business of forex trading, a trader ought to be able to management on their own. as a result of on practice forex trading prospects to problem on controlling your self through emotions and greed.
i perform not think so which personally is that the enemy. i think it might be enemy or even friend. this particular just about almost most depend upon my self which exactly just precisely the way am i heading to apply it. if i will apply it with regard to much better improvement and then it will end up being a lot of good and my analysis will end up being a lot of much better.
Yourself is the really enemy i must admit that, for you to succeed as a forex trader you need to work on your self. working on yourself include but not limited to controlling your emotions while trading , good money management, sticking to the basic rules of the forex and ensuring that you are a discipline trader.Basically all the loss we have is as a result of our attitude as simple as that
Yeah, in this business, forex market is not our real enemy,but our emotion is the real enemy to make consistent profit in this business. It is hard to control our emotion when we trade, especially if we still new in this business. But if we can control ourself, then it will be easy for us to become the winner in this market Very true, we are our greatest enemy when it comes to forex trading simply because we have the power to be the best that we can be but we limit ourselves in our thinking and our actions, to be the best we need to go the extra mile and make the most out of it and change our lives for ever without a question.
Yourself is the really enemy i must admit that, for you to succeed as a forex trader you need to work on your self. working on yourself include but not limited to controlling your emotions while trading , good money management, sticking to the basic rules of the forex and ensuring that you are a discipline trader.Basically all the loss we have is as a result of our attitude as simple as that
Certainly my dear, as I can see I personally believe most of the time when we analyse our past losing trades we find out that those were due to our own mistakes or wrong decisions, usually emotional decisions or entering trade due to greed in hurry without proper analysis lead to losses we just need to fight our habits and rule on ourself. Yes you are right we have to control our emotions and we have to develop a winning strategy and have to follow that properly and without proper understanding of the market we can not make good money here.
A few occasions we can not management the self. As a result of we need a lot of and a lot of profit coming from the forex market. However we think so which forex is that the risky market. we ought to not a lot of position open a day. However sometime we take incorrect position. When moving a few time i think that�s not ought to open position. Which was a personally is actually my enemy and that�s greed.
yes It�s accurate which to all of us all is actually the primary enemy on trading forex, picture if we could possibly be on management your self forex trading can also end up being on management, typically people fault the actual strategy which is designed whenever this particular strategy is actually a individual creation, and certainly there tend to be people that are currently successful using this particular strategy, we tend to be not successful may not need to adhere to the actual rules created in this particular strategy