I think that the enemy is actually ourselves is actually accurate as a result of all of us will continually be conflicts involving the analysis that many of us perform using the ego that many of us have so this will show emotions on the actual self that can affect the actual analysis performed if all of us can controls emotions enables all of us all to become ables in order to be able for you to help survives on this particular forex business very ! !
Yes I agree with you .. self is actually the enemy the most, which we face in the foreign exchange market, especially during trading in particular .. self is the bad feelings that affect us during trading and make us hesitate in the decisions that we took to enter the market or regions close the deal at a profit or loss and we find greed and fear Aatherat we can significantly overcome the self will achieve success in the forex market and Why do we have against ourselves? That's not true. If you do it, you'll continue to blame themselves. Emotion also is not the enemy, because emotion is part of our personal as a normal human being. We are not against anything, but do not give great latitude to the emotions and the mental scared.
yeah my dear friendsssssssssssss..............Any take for with the aim of we be in our trades gives us losses and if we be rebuff take for, we dig up profits.Ought to be available of this marketplace to complete a profit, which we hope to win this you retain to support by hand and are not an enemy to by hand, and money management in our trade and so we will retain the opportunity to succeed in this commerce..
Yes, I think u tend to be right. The actual real enemy is actually the personal, exactly in which all of us think we will defeat the actual market. All of us think all of us tend to make a lot of money whereas the actual market takes money aside. U have to end up being very careful on working using the greed and fear on your self so which u tend to make rational and logical trades.
I wanna to say that the trading with the cools mind is the good ways but the profit goes to loss sides,the frustrations controls the mind and others orders are also gones in the loss.too much over confidences cannot help us always and we should not wait for getting too much profits(the greed) and it leads to huges lossing... and Our real enemy is that we do greed and fear in the trade is the biggest enemy of every trader and merchant like anyone if they are able to do this trade with no greed and fear they will be successful
enemy is within ourselves is the ego that usually must be imposed by the will to be followed so that would be harmful to the trader when doing an analysis to make good decisions and correct as to keep the egos of the analytical results are in accordance with the strategy used and accordance with the rule will be in abort again by the ego that is in itself so it should be capable ego controlled by thought and feeling good and true.
you may always target for small take profit like 10 pips.but this will not always help you to protect yourself from looses.there are some traders always put small target and big stoploos.but they still cant gain.if you win 5 positions with target of 10 pips and loose one loose of 50 pips and the result is zero
and Actually, most traders lose because they don't respect trading rules especially money management, and because they make mistakes and repeat them every time and they never learn from their mistakes.
Ourselves are the most dangerous enemy mean our fruitless thinking and imaginary hope or too much greed are the worse matter. Because may not gain better profit without. So we need to overcome our own emotions.
and I am not agreed with this because we are no our enemies its our emotions which act as out enemies and we do wrong. In reality our emotions compel us to do wrong and it's not possible to eliminate emotions from our trading but we can control them to some extent.
well actually my dear i strongly think that we regard ourselves as our own enemy then we wont be able to concentrate at all. This feeling is very negative, instead we should treat ourselves as among the best and develop a positive attitude and 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.
It means eventhough we are trading to make profit in this market, without our knowledge many times we take decisions that lead us to loss. So if we are serious about our trading destiny then we need to control our emotions otherwise our destiny will be in dream only. and Only controlling your emotions in forex trading will not guarantee your success as most of the people think. I think controlling emotions comes at a later stage, first you have to equip yourself with extra ordinary skills and knowledge about the forex trading and then practice on demo account and then there comes the stage of controlling your emotions.