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Get rid of rich quick thoughts from forex

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trader ndeso

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Quote from: shasha_queen on February 14, 2019, 03:46:18 AM
Yes, first I also say thank you to the admin who has accommodated all of us to learn more in this general discusion forum. To be honest, I still have a lot of loss and not much profit. In my opinion if we think of getting rich faster in this business it won't succeed because it will make us hurry and fortunately instead of losing money. Learn from mistakes better so you can grow better in this business. Thank you.
absolutely right Sir, we should be able to adapt to the circumstances and should be able to evaluate each week in order to find fault and could quickly to fix

to l; ore trading well again next week, us
#16 - February 14, 2019, 04:59:03 AM

Aranchar

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Quote from: effchats7 on February 13, 2019, 10:16:31 AM
greetings profit consistently, hello brother, how are you. still profit or loss? forget about the richness of the forex business, because the more you are ambitious to get rich quicker, the faster your equity runs out, first learn the basics, understand each risk, learn to control yourself from the market, find a system that suits you because it's not necessarily the good from other people you are good too. because everyone's character is different, Mastered money management is good, when the entry must go out and another record every error when you OP then review every week to find fault, with all that I'm sure you can grow in this business .. specials thanks to ADMIN accommodating us to study in this beloved forum,
it's true sir
all technical trades that are not necessarily suitable for use
will make us smarter to do analysis
and more importantly we are every week when the market closes to do a review of the results of trading kite for one week
both loss and profit

and that I think is enough to help us get better
#17 - February 14, 2019, 05:52:31 AM

Ariyudin

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forex can indeed make it rich, but it can also make us poor, even though the method of analysis is correct and the results of the analysis are also correct

however, there are times when the market moves as if it were fighting us first before moving in the right direction. because it's always emphasized the importance of money management and maintaining the lot size that we open. do not let us enter only with a resistance below 50 pips, because the price may move first against us by 51 pips before going up again by hundreds of pips according to our analysis

always remember, keep MM healthy when trading, maybe by running MM, our profits will not be as big as entry with small resilience. but at least if we lose, we still have the opportunity to look for profit again in the future
#18 - February 14, 2019, 06:47:56 AM

Danangmo

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business in forex is not as easy as we imagine, many tranders after they jump in the world of forex immediately think they can get a lot of profits so they forget when the position is wrong there is a danger of losses that target it. fortunately and at the time of loss can tshun when to stop it
#19 - February 14, 2019, 08:43:08 AM

blinkid

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Quote from: effchats7 on February 13, 2019, 10:16:31 AM
greetings profit consistently, hello brother, how are you. still profit or loss? forget about the richness of the forex business, because the more you are ambitious to get rich quicker, the faster your equity runs out, first learn the basics, understand each risk, learn to control yourself from the market, find a system that suits you because it's not necessarily the good from other people you are good too. because everyone's character is different, Mastered money management is good, when the entry must go out and another record every error when you OP then review every week to find fault, with all that I'm sure you can grow in this business .. specials thanks to ADMIN accommodating us to study in this beloved forum,
With traders increasingly ambitious to be able to succeed quickly will certainly be a psychological burden for traders, so that traders will easily experience losses in the trading. Traders should have the right mindset in undergoing forex trading, have trading techniques and strategies that are in accordance with their character and can also control their psychology. That way the trader will be able to realize his success. Because, to be successful requires a process and time that is not short.
#20 - February 14, 2019, 10:26:50 AM

rinshei

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yes i agree, first we need to learn, if you cant do shit about or dont know shit about forex, obviously you will get dump by forex, because in forex, you can loss your money in second if you dont know what to do, newbie thought always like this, dont just thinking that you will get rich by doing forex if you dont know anything about it.

of course for some people it can be possible, but for newbie, its better to get rid this way of thinking
#21 - February 14, 2019, 11:11:58 AM

Fadeel99

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Quote from: Madealvin on February 14, 2019, 01:25:47 AM
That's right ... The forex trading business is not as easy as we imagine it can make a lot of money without the right way of trading. All need Process Learning to be able to, but the process is not easy full of struggle to fall up Loss MC rose again so that is so on.

I also thank my friends in this Forexzone forum for getting valuable learning.

I am also grateful to the Admin who provided this Forum for discussion and learning.
we just enjoy the process that you while we always clean up in each of our mistakes, forex is indeed very profitable but it is also very detrimental when we only have capital recklessly without us understanding what real forex trading is,
Thankyou
#22 - February 15, 2019, 09:51:27 AM

Fadeel99

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Quote from: Alim muntolib on February 14, 2019, 01:41:26 AM
yes indeed we in the forex business are demanded to master three factors, which if one of these factors is abandoned, then it is impossible for us to profit here, because these three factors are a unity of interconnection.
according to your point of view how to apply these three factors to become a single entity Strong, how long can we do those three well? because only two factors in my opinion have been very heavy,
#23 - February 15, 2019, 09:54:02 AM

Fadeel99

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Quote from: alfrz26 on February 14, 2019, 02:34:00 AM
in my basic trading, I usually call Mindset Trading, point 3 of 4 Basic. And this point is one of the important things that must be trained, because the impact of the mindset can be on emotions, psychology and MM, which of course are all interconnected.
Of course, I just want to know how I have to step in to make all three well connected and make me successful in this ferocious forex world, I say it's fierce because if we go wrong all our equity will run out ...
#24 - February 15, 2019, 09:57:06 AM

Fadeel99

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Quote from: SPRDI on February 14, 2019, 02:43:05 AM
yes right we have to get rid of the rich quick thinking of forex trading, make the forex trading business as the ideal business land not to be a land of rich quick because if the thinking is like that, surely we will experience failure because of bad thinking at the end it will fail, and I need to know the message from me that forex trading is a business that is very at risk of loss can exceed the initial deposit so in this business that determines success is ourselves
in other words, it means we have to master the money management very well, then we go into the world of forex, what do you mean by that?
#25 - February 15, 2019, 09:59:15 AM

Fadeel99

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Quote from: Aranchar on February 14, 2019, 05:52:31 AM
it's true sir
all technical trades that are not necessarily suitable for use
will make us smarter to do analysis
and more importantly we are every week when the market closes to do a review of the results of trading kite for one week
both loss and profit

and that I think is enough to help us get better
I am grateful that my experience can be applied by you, what do you complain about the most during trading? let's learn to analyze errors,
#26 - February 15, 2019, 10:02:34 AM

Luky andriya

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Quote from: effchats7 on February 13, 2019, 10:16:31 AM
greetings profit consistently, hello brother, how are you. still profit or loss? forget about the richness of the forex business, because the more you are ambitious to get rich quicker, the faster your equity runs out, first learn the basics, understand each risk, learn to control yourself from the market, find a system that suits you because it's not necessarily the good from other people you are good too. because everyone's character is different, Mastered money management is good, when the entry must go out and another record every error when you OP then review every week to find fault, with all that I'm sure you can grow in this business .. specials thanks to ADMIN accommodating us to study in this beloved forum,
I really agree with what you say. eliminate ambition before plunging into the forex world. because the more you ambition quickly get rich from where you get worse in failure. first learn about forex and enter it
#27 - February 15, 2019, 10:07:24 AM

Fadeel99

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Quote from: blinkid on February 14, 2019, 10:26:50 AM
With traders increasingly ambitious to be able to succeed quickly will certainly be a psychological burden for traders, so that traders will easily experience losses in the trading. Traders should have the right mindset in undergoing forex trading, have trading techniques and strategies that are in accordance with their character and can also control their psychology. That way the trader will be able to realize his success. Because, to be successful requires a process and time that is not short.
I agree with your thoughts, then what should I do to start all this? I always ask everyone with the aim of my experience getting more and more and making me more about dealing with this market
#28 - February 15, 2019, 10:08:37 AM

Fadeel99

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Quote from: rinshei on February 14, 2019, 11:11:58 AM
yes i agree, first we need to learn, if you cant do shit about or dont know shit about forex, obviously you will get dump by forex, because in forex, you can loss your money in second if you dont know what to do, newbie thought always like this, dont just thinking that you will get rich by doing forex if you dont know anything about it.

of course for some people it can be possible, but for newbie, its better to get rid this way of thinking
thank you for the advice and I will try to review again every mistake that I made, if you are going to happen what loss position do you do? your answer is motivation for me
#29 - February 15, 2019, 10:11:30 AM

zhamal andreal

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Quote from: effchats7 on February 13, 2019, 10:16:31 AM
greetings profit consistently, hello brother, how are you. still profit or loss? forget about the richness of the forex business, because the more you are ambitious to get rich quicker, the faster your equity runs out, first learn the basics, understand each risk, learn to control yourself from the market, find a system that suits you because it's not necessarily the good from other people you are good too. because everyone's character is different, Mastered money management is good, when the entry must go out and another record every error when you OP then review every week to find fault, with all that I'm sure you can grow in this business .. specials thanks to ADMIN accommodating us to study in this beloved forum,
strongly agree with what you said above that forget about the fast rich in forex trading, because in my opinion, forex is not a fast road, but forex is only one road to glory, and in achieving it with discipline and knowledge
#30 - February 15, 2019, 10:14:08 AM
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