Tuesday, February 7, 2012

6 Fatal mistakes that can be said in a trading

This time I discuss wind 6 fatal mistakes that can be said to be trading in her, because if you make the following mistakes, we can be sure you are a failure as a trader.
This time I discuss wind 6 fatal mistakes that can be said to be trading in her, because if you make the following mistakes, we can be sure you are a failure as a trader.
Well, let's see what the fatal error 6 : 
1. Do not have a trading systemDo not have a trading system is the first fatal error. If you do not have a trading system, then you will tend to be trading based on approaches that can be said messy messy plus How can you expect the success of the method messy?
Instead, have a trading system means you have the guidelines and objectives and how to achieve a clear goal in her trading. Having a trading system increases the chances for success, because you have the guidelines for entry, exit the market or standing aside. In other words, you are definitely on track to achieve your goals.
2. No disciplineEven if your state has a trading system, but if you do not follow the discipline in which you specify the system, then you make a fatal mistake to-2.
Many states have a friend trader trading system, but in practice, they still frequently trading regardless of the impulsive system that has it determines itself. Is, the trading system would create such a display function only.

3. Not learnAdmitted trader but never try to always be up-dated technical ability, never follow the news in connection with forex, never read a book about forex, forex seminars or no and did not join the community of forex traders.
Well, there are still many ways to always "learn". You do not have to always follow the existing forex seminar. Should not be too active in the forex forum. But at least you are always trying to improve your skills in trading. Maybe enough with informal discussions with fellow trader friend, or just monitor the news, or just read something, read a book or e-book related to forex. At least, do not be a "trader in the shell".
I often monitor the price even though I'm not trading. To the extent that I often say strange, because it likes to monitor the trading price despite being on leave. Um .... To be honest for me, still I am still monitoring the market to make market share in the excitement, though I did not do the open position. And it's arguably make my own preoccupations.
4. Do not care about money managementMoney management aims to make it possible to control risks and losses that do not experience a fatal error that resulted in your account to "wither before it develops". So if you do not care about money management, it means you give up your deposit to vanish without a clear purpose).
5. Disregard aspects of the air-trading psikologyA trader who is able to control her emotions in trading will be understood that not all positions need to generate profit for a positive capital growth. Occasional loss does not make them become "irritated" and then take revenge. Nevertheless, the possibility of loss is already factored in the trading plan.
So, please trade with the intention of revenge for the loss you just experienced, guaranteed revenge will make your account more bloody.
6. Too brave to bear the risk of excessiveAre you willing to risk loss of 100 pips to just take profit 10 pips? Or rather, you are trading without a stop loss? do not remember that we are here to act as an investor. We are a trader, not a gambler. So, do not take risks that are not commensurate with the rewards that we would get.
Ok. That's the mistakes that can be said to be the main cause of our failure in the world of forex trading is "cruel" is ... Mm ... but it's cruel to make us addicted?
But seriously, you want to be a successful trader? Yes already. Please, do not do mistakes in the well. Honestly, I am often saddened to see if my friends are on a falling trader. So .. please, let us strive to always survive and enliven the market. Ok? See you on the market.
Happy trading

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