Yourself Is The Real Enemy.

[ezhaforex]

l think the trader need a mindset.the basic rules must be repeated every time.like dont forget stop loose and dont move your stop loose.and dont open position against the trend.and dont get angry when you loose but try to get a lesson from it and never forget and never repeat that mistake.when a trader has this kind of mindset in a short time he or she will be succesfull.

I agree with you, does forex have a level of loss and is for that's what the stop loss, stop loss serves to limit our losses while playing the forex and should be able to keep emotions at a loss if you need a short break to cool down

[ermaniso2011]

when l loose a trade actually l know very well why l lost couse of my own mistake.but most of us will blame the market and charts.a simple advice just do like this when you loose or win a trade stand and dance for a while l mean enjoy it.you may ask why should l enjoy if l loose ,as long as you know the reason why you loose the trade dont worry , at least know ,you got a lesson and you have to be happy for that new lesson.take note that lesson and promise yourself not to repeat it again and never.

[ermaniso2011]

l m very sure that when we ask our-self why are we loosing?then the answer will be becouse we dont want to change our habit and we dont want to accept our mistakes and we are repeating the same mistakes.we read we search and we listen the experts but we are not practicing it.we are still following our habits.it is like learning a new language more practice then it will get better.we have to practice what we learn.if we have rules and that rules are safe then if we want forex for our future then we have to always follow the RULES.

[ermaniso2011]

l think the trader need a mindset.the basic rules must be repeated every time.like dont forget stop loose and dont move your stop loose.and dont open position against the trend.and dont get angry when you loose but try to get a lesson from it and never forget and never repeat that mistake.when a trader has this kind of mindset in a short time he or she will be succesfull.

[kulonikilaregunung]

with this discipline then we can control our emotions because trade with discipline we will abide by all rules of our trade ranging from risk management,, money management in our trade and so we will have the opportunity to succeed in this business

[ezhaforex]

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.

I strongly agree with you is our greatest enemy in forex is ourselves, our emotions that sometimes we can not control, attitude can not be patient, greedy attitude that always exist in every broker who never feel satisfied with the profits that have been obtained

[nona]

Yes, I understand the intent of the subject, which is that greed is the cause of the loss of the person to his capital account and greed, but must be out of this market to achieve a profit, which we hope to win this you have to support yourself and are not an enemy to yourself

[drdeepakji]

Yes, i realized my enemy. I am trying to kill that enemy. but, sometimes it kills me. Anyhow, i hope that will gone from me. There are lot of ideas in this forum to control greed and fear.

the process of learning is unending in any field..here is no stop and nothing called perfection in trading..even if 25 years experienced person wonder why the market has gone against them..what we can do is focusing on increased percentage of success rate in long term and it can never reach 100 percent for anybody i think..

[naik]

To a great extent, we are our enemies in forex currency exchange trading. Any mistake that we make in our trades gives us losses and if we make no mistake, we get profits. This means that we are going to excel if we have enough knowledge inside.

[mazba]

obviously its true that ourselves is the great enemy for forex.In forex we can earn lot in a while.
so if we trade with greed and ignorance then trader must be loser.