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Time now: Jun 1, 12:00 AM

Discipline Can Conquer Greediness?

User 40% of your credit to invest. if you just wack. thats gonna be like you're greedy. I just started. First i didnt know how to trade. Topped up $40 and all got burn. I didnt even know when to buy and sell. Now. I manage in a way as i use the 40% method out of investment and make target 5% profit in 4 hours.
 
User 40% of your credit to invest. if you just wack. thats gonna be like you're greedy. I just started. First i didnt know how to trade. Topped up $40 and all got burn. I didnt even know when to buy and sell. Now. I manage in a way as i use the 40% method out of investment and make target 5% profit in 4 hours.

To be able to trade you will certainly need more trading funds. How much capital you require will depend on the trading method but a minimum of 100USD is recommended :-?
 
I feel that the performance factor totally depends upon the seriousness,if we are really serious about the profession ,we can recover the losses but if we are casual we keeps on drowning without improvement and like that increases our loss with time instead of making profit ,so here we should be more careful .
 
To be able to trade you will certainly need more trading funds. How much capital you require will depend on the trading method but a minimum of 100USD is recommended :-?

I think 100$ already good for start trading and will starting if use cent account, but also will good if before start in real account already prepared in demo account use these amount capital and if good result it will making more confidence
 
Many of them lose because they want easy money. They twnd to use big lot and dont have such monwy management. Usualy they seeking holygrail system. When lose their trade they often change the system quickly not observe it
 
People in max cases want to make money very faster and for that they take more risk and just lose the trading grip ,here we should be very much experienced and positive with patience approach so that we can have a proper grip over the market and should tackle all the problems with ease .
 
Many Traders lose because they simply DO NOT understand the mechanics of the Market, and "Yes" undercapitalised too.Many do not understand when to trade and when to STAY OUT. Many overstrade too. Sitting infront of you trading station all day is a sure recipe for disaster. The market have changed, and I would reccommend no more than three hours a day at the most!
 
Thinking related forex for their fst way to earn money is not something good for all of us We must know that in forex, there are risk that we must manage. If we didn't want to manage our risk, the chance to loss in forex market will be higher. This is not something that we want to achieved. It is better when first time doing forex, then try our best to manage the risk before making profit target
 
The trading business is indeed by and large a predictable, manageable and profitable like any other - but only if approached correctly. The failure rate for traders is definitely high but that is because many traders have a herd mentality and never take the time to educate themselves.
 
Trend market move very dynamic and unpredictable, might before making any decision as trader already follow indicator as conformation signal, but no perfect indicator in fact, loss occur because trader can't control the market and not always they can following the trend
 

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