Discipline Can Conquer Greediness?

[radex78]

But but dont take to long on demo because demo and real have different psychology. Many of them can make profit on demo but when comes to real they tend to make losses

Indeed on demo account for backtesting system trading and strategy, and to built up better psychology trading hence will better use real account, but good habit in demo account might will repeated in real account

 

[kalex76]

Some traders are very over confident what they are doing and thus they keep on doing same mistakes without rectification and that leads to the loss and the result can become worst with time .

We have to be very positive here so that we can identify our weakness .

 

[sansorrow]

Some traders are very over confident what they are doing and thus they keep on doing same mistakes without rectification and that leads to the loss and the result can become worst with time .

We have to be very positive here so that we can identify our weakness .

okay now can u tell how can we identify the weakness? what are the checklists ?

 

[carigentong]

okay now can u tell how can we identify the weakness? what are the checklists ?

Maybe we can make maximum open position each day, when we break our rules then we start to bee greedy. Also when we didn't want to set stop loss or move stop loss farther than before then we also become greedy. There are many other chacklist if we want to ocllect it all. Mostly will be related with our emotion

 

[djaimdipiara]

untuk belajar memahami market lebih baik menggunakan akun demo, stelah mampu menganalisa market baru masuk ke akun real

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[PedangSetiawan]

Many traders are there who are continuously losing their money in this field ,can you say that what could be the main reason for such weak performance because with time experience and performance should grow naturally .

what your reason when u losing your money in forex trading? why u open 1 thread for 1 basic topic? spamming thread? )

 

[radex78]

So many reason why many trader get fail here, however forex trading required good understanding with the trend market behaviour, lack experience become one reason of failure, but still many factor the cause of loss like as greedy and trade blindly

 

[ahmadvipro]

So many reason why many trader get fail here, however forex trading required good understanding with the trend market behaviour, lack experience become one reason of failure, but still many factor the cause of loss like as greedy and trade blindly

yes in this business is have a lot of risk so we have to beware with open position in market, and should to prepare with demo account so we will ready to analyze market properly.

 

[radex78]

yes in this business is have a lot of risk so we have to beware with open position in market, and should to prepare with demo account so we will ready to analyze market properly.

I see certain trader willingly to spent time practice in demo account more than two years, because he won't getting failure in real account, he learn seriosuly until really understand how to making profit regularly here and this is good preparation

 

[carigentong]

I see certain trader willingly to spent time practice in demo account more than two years, because he won't getting failure in real account, he learn seriosuly until really understand how to making profit regularly here and this is good preparation

Whoa, if they can do it, I'm sure when they move into the real one they already have enough skill to trade. All they need is just try to manage their emotion steady. If they can do it, then everything will be fine