|Добавлено: Чт Янв 11, 2018 7:10 am Заголовок сообщения: to Avoid Losing Money Trading FOREX
|to Avoid Losing Money Trading FOREX
1) Interpreting FOREX News Incorrectly – Fact is the press only has a very superficial understanding of the news they are reporting and tend to focus on one element and miss the point. Learn to read the source documents and understand it for real.
2) Too Many Charity Trades – When you make money on a well thought out trade don't give back half on a whim; invest your profits from good trades on the next good trade.
3) Courage Under Fire – When a policeman breaks down the door to a drug dealers apartment he is scared but he does it anyway. When a fireman climbs onto the roof of a burning building he is scared but does it anyway; and gets the job done. Same with trading; it's ok to be scared but you have to pull the trigger; no trigger – no trades – no profits – no trader.
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4) Quality Trading Time – I suggest 3 hours a day of quality, focused trading time; that's about all your brain allows. When your trading being 100% focused; half way is bullshit' it doesn't work. Don't even think that time spent in front of the computer watching the rates has any correlation to profitability; it doesn't. Spend less time but when your trading be 100% focused on trading.
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