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The most important thing before entering the world of foreign exchange

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1. Not a ball if it's not round.
If of our 10 trades, only 9 are disciplined, then we certainly cannot be said to be disciplined. If we say "I have stopped smoking" but still like to hide to smoke it the name has NOT stopped smoking. Learn to discipline on every trade.

2. Don't treat burns with fire.
When the market moves not in accordance with what we expect, why should it be aggravated by opening the same position continuously even with larger lots? Get out immediately or reduce the lot. That's the money we spend, not guava leaves.

3. Don't reject the benefits
We've all done this. Market has provided money for us by moving in the direction we expect but we are not satisfied with a little money. Then we wait for the chart and hope that the money becomes a lot and a lot, but often the market turns right and we still hope and finally we have to spend money. No need to be greedy. After all, the market is open 24 hours. There is still tomorrow. Don't reject the benefits already served.

4. It's useless to make mounds of water.
If this afternoon we had a profit of 50pip, then try the next trade to lose more than 50pip. If the time is right, immediately move the stop loss to +1. Make a mound of soil, not water.
,
5. Adjust shoulder size.
If the junior high school just hasn't passed yet, why do we think it's appropriate to sit in high school? If micro trading is still MC, why do we think the standard won't be MC? If only one lot is really loss, why do we think 10lot will be different? Even if you fight Cris John, don't win why don't you want to fight Tyson? No need to use 10 sacks of rice if one bag is gouty. Follow the process: demo, micro,  mini, cent..
Thank You





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#1 - February 09, 2019, 02:57:05 PM
« Last Edit: February 09, 2019, 03:28:46 PM by effchats7 »

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as good as we must understand the types and advantages of foreign currencies, so that in trading as desired
#2 - February 14, 2019, 12:51:22 PM

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then we must know the news of what is happening in the outside world, so that it can be a strong insight for us



#3 - February 14, 2019, 05:55:37 PM

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as good as we must understand the types and advantages of foreign currencies, so that in trading as desired
thank you for the information you have given me, in my opinion, the more we can find out the type of foreign currency is better, because we can know the development of a country's economy just by looking at the price of the currency, thank you
#4 - February 15, 2019, 02:41:43 PM

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as good as we must understand the types and advantages of foreign currencies, so that in trading as desired
yes, we really have to understand from all the lines that we sell or buy, from there we will understand why we trade, when we enter when we go out all can be arranged neatly if we understand about the market
#5 - February 15, 2019, 02:52:53 PM

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then we must know the news of what is happening in the outside world, so that it can be a strong insight for us


all that makes us grow even more must we learn, in my opinion all knowledge will be useful when we study it seriously, not half and half, so we will understand by itself
#6 - February 15, 2019, 02:54:47 PM

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thank you for the information you have given me, in my opinion, the more we can find out the type of foreign currency is better, because we can know the development of a country's economy just by looking at the price of the currency, thank you
absolutely right, the news on the outside there really plays an important role in forex, there is also an influential one that also does not, such as NFP or US interest rate increases, maybe that is a glimpse of an example,
#7 - February 15, 2019, 02:58:13 PM

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Your opinion is very good, many of the most important things before entering the world of foreign exchange are your opinion

Thank you friend
#8 - February 15, 2019, 04:09:22 PM

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Your opinion is very good, many of the most important things before entering the world of foreign exchange are your opinion

Thank you friend
You are welcome, please apply my words above and feel in the conversation, maybe you can add insight into the world of forex, can understand what we do when trading on forex that suits me, for whatever you want to do well, I sure you will succeed in this business, hopefully it depends on you
#9 - February 15, 2019, 04:39:04 PM

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absolutely right, the news on the outside there really plays an important role in forex, there is also an influential one that also does not, such as NFP or US interest rate increases, maybe that is a glimpse of an example,
right, it's better now you just focus on the technical, because technically if the tips really can understand then we know where the next direction is the movement
#10 - February 15, 2019, 04:48:07 PM

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1. Not a ball if it's not round.
If of our 10 trades, only 9 are disciplined, then we certainly cannot be said to be disciplined. If we say "I have stopped smoking" but still like to hide to smoke it the name has NOT stopped smoking. Learn to discipline on every trade.

2. Don't treat burns with fire.
When the market moves not in accordance with what we expect, why should it be aggravated by opening the same position continuously even with larger lots? Get out immediately or reduce the lot. That's the money we spend, not guava leaves.

3. Don't reject the benefits
We've all done this. Market has provided money for us by moving in the direction we expect but we are not satisfied with a little money. Then we wait for the chart and hope that the money becomes a lot and a lot, but often the market turns right and we still hope and finally we have to spend money. No need to be greedy. After all, the market is open 24 hours. There is still tomorrow. Don't reject the benefits already served.

4. It's useless to make mounds of water.
If this afternoon we had a profit of 50pip, then try the next trade to lose more than 50pip. If the time is right, immediately move the stop loss to +1. Make a mound of soil, not water.
,
5. Adjust shoulder size.
If the junior high school just hasn't passed yet, why do we think it's appropriate to sit in high school? If micro trading is still MC, why do we think the standard won't be MC? If only one lot is really loss, why do we think 10lot will be different? Even if you fight Cris John, don't win why don't you want to fight Tyson? No need to use 10 sacks of rice if one bag is gouty. Follow the process: demo, micro,  mini, cent..
Thank You

I immediately jolted to read the article, and it seems like I still made a lot of mistakes that you mentioned
because I am still impatient, especially with the use of lots that still cannot be controlled

still not able to enjoy the process that is presented because it directly uses a standard account
thanks a lot, sir, your writing has reminded me of what I should be doing right now
#11 - February 19, 2019, 02:22:20 PM

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1. Not a ball if it's not round.
If of our 10 trades, only 9 are disciplined, then we certainly cannot be said to be disciplined. If we say "I have stopped smoking" but still like to hide to smoke it the name has NOT stopped smoking. Learn to discipline on every trade.

2. Don't treat burns with fire.
When the market moves not in accordance with what we expect, why should it be aggravated by opening the same position continuously even with larger lots? Get out immediately or reduce the lot. That's the money we spend, not guava leaves.

3. Don't reject the benefits
We've all done this. Market has provided money for us by moving in the direction we expect but we are not satisfied with a little money. Then we wait for the chart and hope that the money becomes a lot and a lot, but often the market turns right and we still hope and finally we have to spend money. No need to be greedy. After all, the market is open 24 hours. There is still tomorrow. Don't reject the benefits already served.

4. It's useless to make mounds of water.
If this afternoon we had a profit of 50pip, then try the next trade to lose more than 50pip. If the time is right, immediately move the stop loss to +1. Make a mound of soil, not water.
,
5. Adjust shoulder size.
If the junior high school just hasn't passed yet, why do we think it's appropriate to sit in high school? If micro trading is still MC, why do we think the standard won't be MC? If only one lot is really loss, why do we think 10lot will be different? Even if you fight Cris John, don't win why don't you want to fight Tyson? No need to use 10 sacks of rice if one bag is gouty. Follow the process: demo, micro,  mini, cent..
Thank You

Thank you , good information . Make me realize of my mistakes that i always impatient   
#12 - February 20, 2019, 06:16:00 PM

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1. Not a ball if it's not round.
If of our 10 trades, only 9 are disciplined, then we certainly cannot be said to be disciplined. If we say "I have stopped smoking" but still like to hide to smoke it the name has NOT stopped smoking. Learn to discipline on every trade.

2. Don't treat burns with fire.
When the market moves not in accordance with what we expect, why should it be aggravated by opening the same position continuously even with larger lots? Get out immediately or reduce the lot. That's the money we spend, not guava leaves.

3. Don't reject the benefits
We've all done this. Market has provided money for us by moving in the direction we expect but we are not satisfied with a little money. Then we wait for the chart and hope that the money becomes a lot and a lot, but often the market turns right and we still hope and finally we have to spend money. No need to be greedy. After all, the market is open 24 hours. There is still tomorrow. Don't reject the benefits already served.

4. It's useless to make mounds of water.
If this afternoon we had a profit of 50pip, then try the next trade to lose more than 50pip. If the time is right, immediately move the stop loss to +1. Make a mound of soil, not water.
,
5. Adjust shoulder size.
If the junior high school just hasn't passed yet, why do we think it's appropriate to sit in high school? If micro trading is still MC, why do we think the standard won't be MC? If only one lot is really loss, why do we think 10lot will be different? Even if you fight Cris John, don't win why don't you want to fight Tyson? No need to use 10 sacks of rice if one bag is gouty. Follow the process: demo, micro,  mini, cent..
Thank You

hey nice advise there, i gree on this one especially number 5, many trader just jump into like what pro trader always do, if we still new why dont take it slow like river and learn anything you find interesting, dont jump to mountain 1 to mountain 2
#13 - February 21, 2019, 07:20:51 AM

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hey nice advise there, i gree on this one especially number 5, many trader just jump into like what pro trader always do, if we still new why dont take it slow like river and learn anything you find interesting, dont jump to mountain 1 to mountain 2
the purpose is likened to water, if we are new to this business, follow the plot first, enjoy the process, if everything is ready and available, it's up to you
#14 - February 21, 2019, 06:34:55 PM

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1. Not a ball if it's not round.
If of our 10 trades, only 9 are disciplined, then we certainly cannot be said to be disciplined. If we say "I have stopped smoking" but still like to hide to smoke it the name has NOT stopped smoking. Learn to discipline on every trade.

2. Don't treat burns with fire.
When the market moves not in accordance with what we expect, why should it be aggravated by opening the same position continuously even with larger lots? Get out immediately or reduce the lot. That's the money we spend, not guava leaves.

3. Don't reject the benefits
We've all done this. Market has provided money for us by moving in the direction we expect but we are not satisfied with a little money. Then we wait for the chart and hope that the money becomes a lot and a lot, but often the market turns right and we still hope and finally we have to spend money. No need to be greedy. After all, the market is open 24 hours. There is still tomorrow. Don't reject the benefits already served.

4. It's useless to make mounds of water.
If this afternoon we had a profit of 50pip, then try the next trade to lose more than 50pip. If the time is right, immediately move the stop loss to +1. Make a mound of soil, not water.
,
5. Adjust shoulder size.
If the junior high school just hasn't passed yet, why do we think it's appropriate to sit in high school? If micro trading is still MC, why do we think the standard won't be MC? If only one lot is really loss, why do we think 10lot will be different? Even if you fight Cris John, don't win why don't you want to fight Tyson? No need to use 10 sacks of rice if one bag is gouty. Follow the process: demo, micro,  mini, cent..
Thank You

Thank you for your friend's advice and I will try to plant it on myself
#15 - February 27, 2019, 09:52:49 AM

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