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Ayrex Binary Options Broker - Discussion
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[QUOTE="Ayrex.Official, post: 120420, member: 37273"] [B]Dear Traders,[/B] Very often we hear that binary options trading is as easy as a piece of pie, but is it really? Is it the same as on demo, where you trade with the digital funds, not the real ones? All of the sudden pressure becomes too heavy and we feel more like fragile humans than trading pros. If you want to become really good in trading, you need to learn how to control your emotions, because it can give you a lot of trouble, if market don’t go as you think it will. There are around [B]10 stages of becoming a real trader[/B], which can be slightly different depending on your personality and trading experience. When you decide to enter the market, your decision is based on belief that this moment is perfect for trading. You feel almost certain that you know what will happen and it feels great. It is an [B]“optimism” stage[/B]. Everything seems to be going smoothly and we are anticipating success, excited to see a positive outcome. At that particular moment, we are starting to feel kind of smart, like a real trading expert and our critical judgement becomes overclouded. It’s hard to analyze the current situation clearly in this [B]“smart” stage[/B], however, it’s crucial to stay conscious to be able to stick to your risk management strategy and do not rush into unplanned trades. When there first signs of the trade not going your way appear, we become nervous and worried. This is a start of [B]“anxiety” stage[/B], where we are starting to acknowledge that you can lose your investment and possible winnings and not really in control anymore. The absence of control bring the [B]“fear” stage[/B] in. Realisation that we’ve made a mistake starting to grow fast. In the “panic” stage our emotions get control over our head, turning us into helpless children at the mercy of the market. Time keeps running out... Facing a failure we often get our expectations down and make a resolution never to do to it again. [B]“Giving up” stage[/B] helps us to cope with our current negative emotions and disappointment. No one likes to lose and if this happens we tend to fell into [B]“depression” stage[/B], playing all the things that went wrong over and over again. It’s the best to avoid this part or make it as short as possible, spending some quality time with your thoughts and making real plans how not to make same mistakes in the future. After that is done we realize that mistakes are actually the best education we can get and it can make a better trader out of us someday. [B]“Hope”[/B] is “perpetuum mobile” for every trader, because even professionals can mess it up sometimes. Be ready that you will make mistakes eventually, but learn your lesson and make it for the benefit of you. Fully recovered we are ready to start trading again, entering the market with the priceless experience, which will help us further on. Market is going your way and [B]“relief”[/B] makes you a smart trader again. It is very easy to give in to this impression that you are invincible, but stay concious and keep analyzing what is going on. This brings up back to [B]"optimism" stage[/B], because not only market moves in circles, but with the help of your experience and admiting that you are only human after all, it is easy to control your trading and emotions. Start analyzing not only the market, but the way how you feel about it and [URL='https://goo.gl/dZE51b']step a little closer to becoming a super trader[/URL]! [URL='https://goo.gl/dZE51b'][IMG]http://i.imgur.com/ImN5mMN.png[/IMG][IMG]http://i.imgur.com/QWkMKLk.png[/IMG][/URL] [I]Sincerely yours, Ayrex Team.[/I] [/QUOTE]
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