Hi Davit, I agree with all of the above. Maybe I would add something: If you use an adequate lot size, the leverage should not bother you too much anyway.
Fix up, trade sharp ...
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Disliked{quote} I have my shorts starting from 84 and will continue shorting every 25pips up.That's my trading style. You should never lose lot of money. A. Your position was too big (check greed factor number 1 account killer) B. High leverage another account killer C. You let the loser get out of control. D. Revenge should never enter your mind when trading.You should have calm clear mind when entering trades. Remember market is too big!You are just a drop in the ocean. If you are guilty of any of those above you need to work on yourself.Trading is an...Ignored
Disliked{quote} Thanks for you reply. It is very helpful. I am new trader and still learning.Ignored
Disliked{quote} Trading is complex I find best traders are in nature.Love watching wild predators chasing prey.Cheetah fastest animal on earth still waits for closest distance to prey then attacks.Crocodiles are even smarter. Read this article http://www.learntotradethemarket.com...-forex-trading Point is waiting for right time is a process of trading meaning active waiting is trading as well. Lot of rookies always want to be in the market.Reality is good set ups don't happen whenever you want it.You...Ignored
Disliked{quote} Any information on retail traders is good but only banks possess the most accurate. I would treat any retail broker info on that with caution. If you get a strong buy signal from your chart, it is good to know that 90% of retail traders with your broker have open short positions but that's not all. I would also question the broker transparency on that tool.Ignored
DislikedGot it: The cat of Somebody who is mutual fund trader plays with buy-sell buttons and suddenly press sell Thas all, Dont worry if you dont have stop under the support zone..Ignored