The best trader in the Forex is the one who has a good strategy to help him make a profit consistently avoided with the largest amount of losses and also the supervisor of the good economic news which has strong influence on market volatility
The best trader in the Forex is the one who has a good strategy to help him make a profit consistently avoided with the largest amount of losses and also the supervisor of the good economic news which has strong influence on market volatility
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
According to my judgement I hold with the statement trading is an art, and a trader is an creator who gets the benefit according to his show if you are a quality performer your approval is statesman if median entertainer you blessing also native and losses for bad performers are in this market.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Trading really seems an art of the financial control and management. This is the art of the control because you control the emotions in terms of the extra joy and the anger and this is an art of the financial management in terms of the trading positions.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Agree with you. trading is a art and this art depends on traders activity what have you just mentioned above.Some art of your list is much more important .They are.....
1.proper money management.
2.dont over trade.
3.executing in perfect time and so on.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
I agree with you, the Forex is an art, and very important thing I see is the experience and learning losses, I think they are something that on learning losses, you will have some good experiences.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
I agree with your idea..........!
Trading is an art not a science so it is difficult to say, read a book and automatically bang develop a profitable truly order flow based system.
My friend; Harris’s book is very good, but it will not automatically get you to where you want to be. Applying the knowledge in the book took me around 6 months. Everyone gets different things out of the book because we all have different personalities and are coming from different mindsets and are at various stages of personal/psychological development.
---------- Post added at 09:55 PM ---------- Previous post was at 09:47 PM ----------
The purpose of this journal is less about posting trades, and more a blog about the parallel nature between spirituality and trading. I hope that others will benefit from it, and that some of the points resonate with something you can’t totally put into words.
I have been learning forex for almost 2 years. I trade part-time, as I keep a day job. During the most intense parts of my forex learning journey I had been researching, reading, looking at charts, etc upwards of 4-5 hours a night, and 14+ hours a weekend.
When I first started learning about forex it was something that appealed to me greatly, I wasn’t sure what exactly about it. At first admittedly much of it was financial freedom more then anything else. I blew two accounts in the beginning, one small, one big (Relatively, but that’s all that matters). Many months later I realized just how strongly trading resonated with my deepest spiritual self. The self that is aware of the thinker. This was not only something I could do for a career, but something that would parallel my primary purpose in life – to be self-aware. Out of self-awareness comes true freedom, happiness, and clarity. I had found my internal martial art, the mirror that would teach me, and truly put the power of abundance directly in my own hands. I had found my path.
The more I learn, and the more I experience with trading the more enamored with it I become. The difficult times are the times which produce the most internal growth and bring you closer to your goals. When you are in a difficult spot, always remember this fact.
I no longer have any question on whether or not I will succeed. It’s the fact that in my mind, I have already succeeded. Time will just need to pass before I experience more in my journey.
I had many revelations, “paradigm shifts”, even moments of satori. Several times things just “clicked”. The biggest shift, and the one that finally changed everything, was the last shift. The shift to practicing patience.
Patience at the core is self-awareness – the ability to stay focused in the present moment - above the noise of the endless (and illusory) thoughts of past and future.
The mind always wants something to do – it’s never quiet. People are always in a rush. People don’t like to wait for anything, especially standing in lineups with nothing else to occupy the mind. Fast food, 30 second commercials, preprocessed meals to the max, diet pills. This affliction of course, does not automatically disappear when you start trading. Quite the opposite, especially when you are starting to learn because you just want to find out whether or not what you are doing is right (therefore not making you wrong). Therefore, I believe patience is the key element of trading. In entry, exits, learning, testing ideas, and most importantly – money management.
__________________
To be one with the market, you must first be one with yourself.
---------- Post added at 09:56 PM ---------- Previous post was at 09:55 PM ----------
Just a bit of background on my trading methods.
I am primarily a price action trader. Trend lines, support/resistance, fibs, candlestick patterns, sometimes a couple of EMAs. I also trade on somthing that i've found very powerful, which I learned from DownRiverTrader - value. Areas where price gathers, which are mutual points of balance. These areas go by many different labels, but are extremely powerful in telling you where areas of accepted value (majority agreed price) are - price acts on these areas. I generally use 3% risk in my trades.
Market Profile perhaps captures the essence of the value method, but without the volume. Again, I don't trade with market profile, and only have a basic understanding of its principals. I also can't tell you exactly what value trading is, much of it is intuition, and just knowing how to read the charts after many long hours, and unfortunately much to all of the material provided by DownRiverTrader is no longer available.
__________________
To be one with the market, you must first be one with yourself.
Last edited by Madushanka; 2012-07-21 at 09:20 PM. Reason: I forgot to mention something..!
yes i totally agree with you and for me i think that Forex is a very cool business , and their is no place for boring in Forex , for me i like trading and enjoy with it ,
and i think is is one of win reason is that you must love what you do .
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Oh, yes my friend. Trading is a art and trader is artist, i think so. In your post, i think there are four factors that is make me impressed. the first, the second, the seventh and the ninth. these are 4 factors that i always learn to do in each decision of my trading
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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