JayDee3000
Recruit
- Messages
- 44
One of my biggest problems was following the losses and letting my emotions get the better of me. Best learn to be patient and allow trades to play through
What broker do you use?Forex business is risky before start to make a deposit, better check review broker whether they had a problem or not with the traders, and how the problem solved or not when contacting them to get solution our problem
trade without a stop loss!What are the things that a trader should never do?
I know some full timers who would disagree with you...trade without a stop loss!
Yeah but sometimes it's hard to determine if time spent on demo is enough to move on live. We have to ask ourselves a question which will help to determine proficiency.Most know this and do this
Never trade without risk management in placeWhat are the things that a trader should never do?
Emotional training is crucial to help traders to understand how to move on. Patience and discipline are fundamental qualities to overcome poor risk management and trading strategies. Practical solutions, such as a short walk during a trade, can help traders manage their stress, fears, and obsessions. Only when you overcome your insecurities, you’ll be able to accept the fact that there’s nothing certain in trading. Don't you agree?Yeah, but still...trading on demo is quite different from trading with real money. When you trade on demo you don't use your money, so you don't have to control your emotions because you don't miss anything if you meet with losses.