Thank you for your friend's advice and I will try to plant it on myself
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 benefitsWe'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 think there is one important thing that is also necessary before starting trading, maybe this is just an additional point, the thing that needs to be considered before making a trade is to choose a broker that is safe and has proven that many people around us use the broker, as good as any technique we are as good as any of our indicators if the broker where we are trading has started to cheat then everything is worth it in vain, the example of a safe and comfortable broker is our beloved broker Forex insta that has long been providing safe and comfortable services to all custers all over the world.
some imagery that makes sense and is relevant to forex trading. in my opinion it all relates to the risks that exist in forex, the risks in forex do need special attention.
if we already have a mindset like ours, how do we minimize the risk by discipline with our own trading plan and not passionate about looking for profit which ultimately only damages our own psychology and mentality when prolonged loss occurs
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