Trade #2 update:
full position.
I will not add more. Now all i have to do is wait, until the market gives me the money.
The market produces several emotions in people. Greed, Fear, are always present. We can't shut it down completely. But we can learn how to reduce it to minimum. Its not easy, and some people will never achieve this. Not all can be doctors, and not all can be traders.
Greed kills your account period.
There is no other way to put this. Over trading will kill your account. High leverage will kill your account. All this is related to greed. If someone is not happy by trading a real account using micro lots, and winning cents, will have greed killing his account sooner or later. We must be happy with 1 cent a day. I do not like to set diary goals, because it estimulates greed. And we know greed kills you. Be happy with the market gives you. Everybody wants to be rich next week. Hell, let's become rich tomorrow! But that kind of greed will kill you. Greed is the enemy number 2 that a trader has inside.
full position.
I will not add more. Now all i have to do is wait, until the market gives me the money.
The market produces several emotions in people. Greed, Fear, are always present. We can't shut it down completely. But we can learn how to reduce it to minimum. Its not easy, and some people will never achieve this. Not all can be doctors, and not all can be traders.
Greed kills your account period.
There is no other way to put this. Over trading will kill your account. High leverage will kill your account. All this is related to greed. If someone is not happy by trading a real account using micro lots, and winning cents, will have greed killing his account sooner or later. We must be happy with 1 cent a day. I do not like to set diary goals, because it estimulates greed. And we know greed kills you. Be happy with the market gives you. Everybody wants to be rich next week. Hell, let's become rich tomorrow! But that kind of greed will kill you. Greed is the enemy number 2 that a trader has inside.