Thursday, January 19, 2017

More Pain What: Toothache or Loss in Forex Trading?

Toothache is a disaster. It said the hell, because I've never felt a toothache .. hehehe ..

Willing to do anything so disturbed. Irritable when disturbed others. Head also pain and so on.

How to lose money in forex trading? Equally painful going aja .. Just a different place. If toothache pain in tooth while losses in forex trading if the pain here ya (while pointing to the liver ... hahaha ..). Yes it is true anyway. Toothache physical pain and loss in forex trading while sick psyche. So where ya sick?

His name is also sick, so we had to undergo treatment, if toothache have to go to the dentist. How sick because of losses in forex? There are several things you can do.

1. Evaluate your trading system.
    You have to evaluate what causes you to lose money. What a way to analyze price less true that affected the floating loss to hit the stop loss or autocut or because of excessive emotion?
    If the answer how to analysis, this means you have to upgrade how to perform price analysis. Can be due to indicators that do not fit your trading style, too much use indicators that actually cause you a loss to take a decision or perhaps scale election time is not right with your trading style.
    Trading style? Yes a trading style of each trader is different that causes a great indicator for the other traders are not necessarily good for you. So get to know your trading style and choose the appropriate indicators.
    Emotions also important. To be a successful trader, you should be able to control emotions, must have the patience to find the right moment for entry into the market and out of the market.
2. Arrange trading plan and management of your capital.
    Yes .. this is also important. You have to arrange them in accordance with the capital you have, lest you overtrade. Also decide how much profit will you take in all the entries and how many losses would be at stake. And remember !!! You have to be really disciplined to run.

2 this is the most important as your medication. Do not get complacent, constantly upgrade your knowledge. You can find tutorials on the internet forex or trading system can also duplicate your friend.

So ... Where Pain?

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