Disliked{quote} i like your idea i have a live account with 50$ on it i will try with them as you say nothing to loseIgnored
Good trading.
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Close all open trades if current total open lotsize exceeds"X" 0 replies
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Disliked{quote} Most traders probably fail due to over trading, in which case they can't be struggling with fear. I agree if you over trade, one should focus more on risk. If you are scared to trade, you are already too focused on what you can lose hence the purpose of this thread?Ignored
Dislikedas already said, you can't avoid losing the minimum you could lose in order to trade. to trade, you must open a position and pay the spread (in some cases swaps and commissions): there's a loss. then you can lose another minimum by trading 0.01 sizes. to heal your fear trade the minimum!!! then you'll get more comfortable (it's not a time-line, like after one month, after one year, etc), after a number of trades, and you'll be able to increase your size. i'm answering directly to your question, of how to conquer your fears of losing not of what's...Ignored
Disliked{quote} the mint that you post it i try to read it but i was taking a wake .... thinking i understand what you mean and already i felt every word... before i was speaking with the market ... come on go up little more.... one more pip .... at least break even .... but thanks to god now i believe in my strategies .... i don't open until i see a good signal ... i done close unless i got the signal ... i dont risk more than i can lose so i can sleep @ night and i have some positions open . one day... may be soon i will write my story with the...Ignored
Disliked{quote} the mint that you post it i try to read it but i was taking a wake .... thinking i understand what you mean and already i felt every word... before i was speaking with the market ... come on go up little more.... one more pip .... at least break even .... but thanks to god now i believe in my strategies .... i don't open until i see a good signal ... i done close unless i got the signal ... i dont risk more than i can lose so i can sleep @ night and i have some positions open . one day... may be soon i will write my story with the...Ignored
Disliked{quote} thanks hamedmohd, thanks for your appreciation! trading is fighting and defeating your inner demons. the chief satan (the chief economist in this bestiary) is everyone's fear of failing, of being a loser, of fooling oneself. but this is how everyone came to trading in the first place. it was exciting, but not excitement makes us deposit hundreds or thousands of dollars into an account. we do it because we know something. we know that we have an understanding of some specific market conditions and we could add value to our capital (to our...Ignored
Disliked{quote} "come on go up little more.... one more pip .... at least break even .... " breaking even is the devil, my friend. it's a promise he never keeps! it promises that you'll never lose. that you'll break even or win. the market is 3d, as much as the world is. breaking even is like jumping through the window and ignoring the downsize. nothing breaks even. and if it does, it doesn't matter! it's simply neutral according to your mathematical expectations.Ignored
Dislikedstart trading. do not think. DO. watch a 1 minute chart. very closely. try to figure out why it does what it does. trade 0.01 lots until you feel comfortable putting on more.Ignored
Disliked{quote} my point is that studying 1 minute charts and learning to interpret them will teach you how to trade correctly and the fastest. at first, it will seem like they are the hardest of all charts (time frames) to interpret. but once you gain an understanding of them, you will see that they are actually the easiest of all time frames to interpret... and you can learn a hell of a lot about the markets during the process! higher time frames are technically more difficult because they are influenced by more factors. The 1 minute TF is the bottom...Ignored
Dislikedstart trading. do not think. DO. watch a 1 minute chart. very closely. try to figure out why it does what it does. trade 0.01 lots until you feel comfortable putting on more.Ignored
Dislikedi dont know how to start this thread but i can till you that i do my home work about the currencies and how to trade. how to use leverage and trade in demo accounts i put a full staratigy that really it is gain more that it lose (not perfect but good one) but i find very hard to open any trade in live account also if i open some for 2 days i close all of it (with profits) and not open any more i dont like to open any positions any more in live account i dont know may be because i afraid i may lose some money ??!!! i try to put a targets,trading...Ignored