Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. Still having MC ?? Try Reading The Following Trading Mindset.

Still having MC ?? Try Reading The Following Trading Mindset.

Discussion started on General Forex Discussion

Print
Pages: [1] 2 3 ... 20   Go Down

Tahajud

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 175
  • Reputation: +70/-0

I will share a little, about trading mindset. Make those who are still MCs or those who have never been MCs again try reading this and reflect on whether you have been trading like below, if so, then change it. start by changing from a very basic thing, that is our mindset about forex. Hopefully it can be useful. do not mean to lecture, just sharing


  • Throw away far the rich quick desire of forex (rich in forex can, but if you make it fast, think again)
     
  • Omit the word play when learning forex, because forex is a business not playing, if our mindset in forex is still playing, until whenever you will be toyed with by the market.
     
  • Use a demo account until it is correct "resulting in a consistent, minimum of 20% per month (in the sense that op is always in accordance with the rules that have been made)
  • Focus on one market, (if you have not yet mastered one market, how dare you "trade" in another market)? because each market has different characteristics and habits, and it is necessary and important to master.
  • All techniques are good as long as we use them according to the standards and rules that have been determined. then focus on one technique that you master, and be sure of what you use.
     
  • Never use prasaan when trading, what you see in the market, then do the action according to the rule. Janag once used hope, (it seems like going up, it looks like siha will go up)
     
  • Admit the mistake, when we have analyzed and the price has reversed. then do it according to the rules that have been made, and never expect prices to turn around, because trading with expectations, until whenever it will not be correct.
  • Always use a good MM. With good technique you will profit, and with good MM you will be safe, master both, your trading will be maximal.



Linkback: https://www.forex.zone/general-forex-discussion/1/still-having-mc-try-reading-the-following-trading-mindset/990/
#1 - February 08, 2019, 03:12:50 PM

nawwa thalorenz

  • Full Member
  • Posts: 177
  • Points: 0
  • Likes Received: 19
  • Reputation: +2/-0
Quote from: Tahajud on February 08, 2019, 03:12:50 PM
I will share a little, about trading mindset. Make those who are still MCs or those who have never been MCs again try reading this and reflect on whether you have been trading like below, if so, then change it. start by changing from a very basic thing, that is our mindset about forex. Hopefully it can be useful. do not mean to lecture, just sharing
thank you for sharing something useful, what you convey is right on target, crowded traders who are beginners like me used to also think forex skim is fast rich, doesn't want to test trading systems on demo accounts, doesn't want to admit mistakes, and uses feeling techniques, I I think at the beginning of starting a trading business almost all feel this way, hopefully other friends will be helped by what you share today.
#2 - February 13, 2019, 03:13:24 PM
« Last Edit: June 09, 2019, 08:14:00 AM by Mikser »

Agjsltn

  • Full Member
  • Posts: 125
  • Points: 0
  • Likes Received: 23
  • Reputation: +0/-0
strongly agree, we have to change our mindset to always have more profit should be more careful and not rush
#3 - February 13, 2019, 03:22:56 PM

blinkid

  • Full Member
  • Posts: 126
  • Points: 0
  • Likes Received: 12
  • Reputation: +0/-0
Quote from: Tahajud on February 08, 2019, 03:12:50 PM
I will share a little, about trading mindset. Make those who are still MCs or those who have never been MCs again try reading this and reflect on whether you have been trading like below, if so, then change it. start by changing from a very basic thing, that is our mindset about forex. Hopefully it can be useful. do not mean to lecture, just sharing
It is very interesting and good to learn for all traders. It's true, who doesn't want to be rich? all traders definitely want it. However, it will be wrong if the trader has the thought that it can be "fast" rich through forex trading. So traders need to avoid such a wrong mindset. Agree also with agan that traders should treat forex trading like a business. So traders must do it with more focus and seriousness as in business in general, do not just just come from or consider it a toy. Also trading based on what we see is not what we think and feel. It's better for traders to focus on just one pair so they can understand the character of the pair. Traders must also be able to be disciplined in using their trading techniques and strategies. That way, traders will be able to minimize the risk of losses that will be faced and can maximize the benefits they get. As well as traders, of course must be able to accept and appreciate every mistake in trading. That way the trader will be able to take valuable lessons from these mistakes. And the most important thing is that traders must always control the psychological trading. If all these things can be done by the trader well, then the trader will be able to avoid experiencing a margin call.
#4 - February 14, 2019, 04:09:30 PM
« Last Edit: June 09, 2019, 08:14:15 AM by Mikser »

Kasini

  • Jr. Member
  • Posts: 72
  • Points: 0
  • Likes Received: 10
  • Reputation: +1/-0

hopefully it can help us create a treder who still has a lot of shortcomings, can try the strategies you teach, thank you



#5 - February 14, 2019, 05:47:50 PM

ariezz

  • Hero Member
  • Posts: 1048
  • Points: 5674
  • Likes Received: 111
  • Reputation: +4/-0
Mindset is very vital and important because the mindset is the basic thing or foundation of a business including forex trading. Without a strong foundation all efforts will not produce good results.
#6 - February 15, 2019, 02:02:25 AM

mohammad mmufroil

  • Full Member
  • Posts: 247
  • Points: 1009
  • Likes Received: 26
  • Reputation: +0/-0
Quote from: Tahajud on February 08, 2019, 03:12:50 PM
I will share a little, about trading mindset. Make those who are still MCs or those who have never been MCs again try reading this and reflect on whether you have been trading like below, if so, then change it. start by changing from a very basic thing, that is our mindset about forex. Hopefully it can be useful. do not mean to lecture, just sharing
unfortunately in practice many traders do not realize what they are doing when opening MT4 when dealing, all that they intend to feel forgets and makes mistakes, and when the capital is eroded minus then realizes that trivial effect can be a snowball effect
#7 - February 16, 2019, 08:01:05 AM
« Last Edit: June 09, 2019, 08:13:30 AM by Mikser »

Beqlif

  • Newbie
  • Posts: 10
  • Points: -5
  • Likes Received: 1
  • Reputation: +0/-0
Quote from: Tahajud on February 08, 2019, 03:12:50 PM
I will share a little, about trading mindset. Make those who are still MCs or those who have never been MCs again try reading this and reflect on whether you have been trading like below, if so, then change it. start by changing from a very basic thing, that is our mindset about forex. Hopefully it can be useful. do not mean to lecture, just sharing
It is very good to change the mindset to avoid Margin Calls, many traders even though they are MC but they do not learn from mistakes and return MC.
#8 - June 09, 2019, 03:48:32 AM
« Last Edit: June 09, 2019, 08:13:41 AM by Mikser »

niko05

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
very helpful sir, we can reduce the risk of these considerations
#9 - October 12, 2019, 03:40:38 PM

davit

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
A margin call is indeed a fatal mistake, we must be able to fix it.
#10 - October 12, 2019, 05:18:13 PM

Gnero

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
MC is hard to avoid, so form a mindset from the start.
#11 - October 12, 2019, 06:06:40 PM

Permada

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
MC repeatedly is not good for the mental.
#12 - October 12, 2019, 06:22:06 PM

Maily

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 1
  • Reputation: +0/-0
mindset we need to tidy up to be strong.
#13 - October 12, 2019, 06:27:24 PM

yanyun

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0

chances are if the margin call continues, it is true that from our mindset it is still wrong



#14 - October 31, 2019, 04:38:56 AM

bazoka

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
indeed the mindset plays a very vital role in building our behavior or attitude


#15 - November 02, 2019, 03:11:04 AM
Print
Pages: [1] 2 3 ... 20   Go Up
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. Still having MC ?? Try Reading The Following Trading Mindset.

Members:

0 Members and 1 Guest are viewing this topic.