I concur with what you cite in your article. I actually purchased this book from Amazon, it was about $29 or something but was a waist of my money! Poorly written and guie! I wish I kept the money!Originally Posted by ;
I concur with what you cite in your article. I actually purchased this book from Amazon, it was about $29 or something but was a waist of my money! Poorly written and guie! I wish I kept the money!Originally Posted by ;
Wow ... your first article ... is a advise to me ... thanks mate I appreiate itOriginally Posted by ;
Well, based on my experience, I'd state cash management is the simple portion of trading Forex. You have complete control of the size of your commerce along with the placing of your TP and SL.Originally Posted by ;
The simplest way to cut off emotion is to turn your trading egy into an EA. At least a semi-automated one that will help you out with all the entrances and/or exits. For average trader, the only ways to receive un-emotional is...
1. Years of display time
2. Born without feelings
3. Trading miniature capital whereby losses and wins do not make an itch
Good luck!
Trading techniques operate as long as you realize their limitations and have them set up based on how you'd trade the market.Originally Posted by ;
Enjoy the last one, on tiny itches which do not matter - makes sense to go ahead with a micro account pre-egy.Originally Posted by ;
In my experience nothing surpasses feelings better than thoroughly testing a egy for 2k candles (back test) and then a few weeks/months on a demo account before going live. When you've done this, you KNOW your egy works, so reductions bother you less.
I'm down 15pips now and could not care less. . .because I spent hours (more like months, lol) analyzing my egy before going live.
Well stated!Originally Posted by ;
Be a market. Surgeons have the task laid out beforehand. They do not panic when the patient bleeds more than he or she should. The task was made to cover all or any mishaps.
Running!
Perhaps I prefer the first: 1. Years of screen time. I am trading on demo account now. And do not feel for trading live. It wants a long period time to control your own emotions.
I'm not sure I understand the difference. In conclusion, one loses money because they make a poor decision because they are emotionally affected, hence they lose money due to emotions?Originally Posted by ;