paid for waiting , a zero sum game, keep dancing till the end
- Joined Jan 2011 | Status: Senior Trader | 1,475 Posts
Bulls are stupid Animals!especially when Im short!
Why you lose money and will always lose 31 replies
Did we Lose any Brokers? Are we going to Lose a few? 1 reply
The one reason that trumps all other reasons why traders lose 262 replies
Real Reasons why Retail Traders lose money 75 replies
5 Reasons Why Traders Lose 171 replies
DislikedAnd it is very simple: excitement and greed. Sooner or later you will lose a large sum, and then lose your head and begin to push all the buttons with a huge trading volume to recover losses. The first rule of trading: the stop should always be. There can not be done any transaction without stop. I know that once I decide that the entry is 100% cool I will enter the market without stop, the same day I will remain without depo.Ignored
DislikedAnd it is very simple: excitement and greed. Sooner or later you will lose a large sum, and then lose your head and begin to push all the buttons with a huge trading volume to recover losses. The first rule of trading: the stop should always be. There can not be done any transaction without stop. I know that once I decide that the entry is 100% cool I will enter the market without stop, the same day I will remain without depo.Ignored
DislikedAnd it is very simple: excitement and greed. Sooner or later you will lose a large sum, and then lose your head and begin to push all the buttons with a huge trading volume to recover losses. The first rule of trading: the stop should always be. There can not be done any transaction without stop. I know that once I decide that the entry is 100% cool I will enter the market without stop, the same day I will remain without depo.Ignored
Disliked{quote} I'm not sure the forex (interbank) market, per se, is "designed" at all: I think it's just a reflection of what's transacted. But the retail traders' "market" that exists around it, offering products and services, is certainly designed in large part to fool people. I think people fail not so much because of that, in itself, as because they're naive/gullible/ill-informed enough to fall victim to it, and lack both the education and adequate judgement/experience to be able to form decent decisions about "by whom to be guided". People look for...Ignored
Disliked{quote} Excitement and and greed after my profits and lack of emotion control after my losses. Weeks ago I made this kind of mistake, entered a revenge order in order to recover some losses without any proper analysis, and at the end, I got MC on my account...Ignored
Dislikedwhen I sell, the price is up when I buy, the price drop market is designed to fool people, that's why we lose.Ignored
Disliked{quote} Why is that a problem? Forget about the SL, learn to hedge and basket trade and you'll never lose again.Ignored
Disliked{quote} That's parts of risk management, things that every trader should know in order to minimize the risk of forex trading so traders won't suffer lots of losses...Ignored
Disliked{quote} imo this kind of 'risk management' is useful if you don't want to lose all your money at once, but in small amountsIgnored