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| General Forex Discussion General discussions about Forex market. |
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There are many experts predicting the market trends, however the result is unpredictable many times, and most important is there are many ups and downs all of a sudden and
every time when the market is volatile we can see many traders suffer a great loss, or even blew out their account. They are happy when they earn the easy money, but what to do when great loss comes? what make us profitable? i think strong "inner peace" is the most important, you should take profit and loss as a normal practices and accept them. you also need learning techniques to make "right" choice the place the deal and the right decision to stop the loss. |
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I start reading more and taking advices from top traders. In addition I made a couple of rules on my own which I always follow, you know when not to trade, when I get losses to quit immediately, things like that. Also I check the market analysis and read news constantly, before every trading session. At this point the results are not superb, but I am not loosing money either.
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devis77, you had a good start. the most important is to be self-control. great fortune are not accumulated in a day. don't fancy overnight fortune in forex trading. yes, you had many chances to be rich in this field, and most probably trading like a gamble will be a suicide.
Good luck and keep going in this way. |
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