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Pievienoja lietotājs forex_trader_370637
Trading Psychology
in
Jauni treideri
Mar 26, 2017 at 07:32
You will not be able to become a successful trader until you are ready for both wins and losses. Both are inseparable and important parts of the trading process. On the way to learning the art of trading, you can often find bribers. When the trader focuses on problems (there may be a multitude of problems, for example lack of means, resources and knowledge), he feels anger, guilt, disappointment and dissatisfaction. But such an emotional state will not allow you to move forward. If the loss is unacceptable to the trader, he will not be able to close the position he loses. When the trader is no...
breakeven strategy
in
Galvenais
Mar 26, 2017 at 07:32
Two of the most profitable day trading strategies are the Opening Price Break and the First Hour Break. Due to uncertainty about the direction of the market, traders have to wait until the first hour range is formed before committing to any side of the market.
Psychology of Forex Trading
in
Galvenais
Mar 26, 2017 at 07:32
In trading there is a small minority of winners and overwhelming majority of losers, and the latter will surely want to know the secrets of the success of the winners. But is there a difference between them? Yes, there is: the person earns money week by week, month by month, year by year, trade maintaining self-discipline. To the question about the secrets of their triumph, such winners answer without vascilar, that were able to reach those heights, when they learned how to control the emotions and to change the decisions, to equal the market.
How to Be an Expert in Forex Trading: Some Tips
in
Galvenais
Mar 26, 2017 at 07:32
Risk little, lose littleIf you are a beginner who has just made his first deposit, he risks a low percentage of your capital. Never bet everything. Make sure you can withstand trading losses and get back what you lost.
Reduce your trading risk!
in
Galvenais
Mar 26, 2017 at 07:32
The best way to assess how much risk is appropriate in each particular operation is to try to perceive its psychological reaction in performing these operations. Look carefully at their behavior, their feelings and their thoughts about the hypothetical situations of prices varying to different levels.
Have a plan and stick to it
in
Jauni treideri
Mar 26, 2017 at 07:32
The professionals work with strict rules of technical operation, money management, pre - in and post market routines. Without this element a trader is drifting. The trading plan is much more than a printed document with a number of rules. It is a tool to build an adequate performance improvement process, based on the establishment and practice of clear and precise rules for analyzing, making decisions, operating, managing, evaluating and enhancing your trader skills to translate said organized effort into profit Tangible in the growth of your account. The trader who does not have a trading pla...
Beginners - Kill your emotions
in
Jauni treideri
Mar 26, 2017 at 07:32
Self-esteem is another virtue found in people with higher levels of emotional intelligence. Emotional intelligence allows a person to trust their abilities. A forex trader who lacks confidence would hesitate to place a buy or sell order even if there is an ideal trading pattern. After placing the order, the trader will not wait patiently for price movement to begin as desired. Ultimately, the trader will leave early and miss an opportunity to generate good profits. On the other hand, the experienced professional will stay on profits and reduce losses quickly. The maturity and confidence demons...
Fun on MyfxBook
in
Galvenais
Mar 26, 2017 at 07:31
http://www.myfxbook.com/files/oscarbc/images_%281%29.jpg
Tips and tricks!
in
Jauni treideri
Mar 26, 2017 at 07:31
Synchronize your temporalities. If you use two different timings, one to determine the trend and the other to open trades, make sure they show the same signals. That way, you will not go wrong in the calculations you make in different periods of time. For example, if the weekly chart shows a bullish trend, but the 1-day chart points out that prices fall, wait for both timings to show the same behavior to perform your trades.
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