A Simple Question to Ask Yourself before Every Forex Trade | Forex Factory

  • A Simple Question to Ask Yourself before Every Forex Trade

    From dailyfx.com

    Talking Points: -Harmful Trading Habits -A Helpful Pre-Trade Question -Adjusting Your Trade Based on Your Answer “As a trader, you have to decide what is more important—being right or making money—because the two are not always compatible or consistent with one another.” -Mark Douglas “We ought not to yearn for things that are not under our control” -Epictetus in Discourses, 3.24 Trading with a closed mind is dangerous business. If you’re new to FX trading, that may sound surprising to you. After all, you likely reason, the best traders are probably the best analysts or those with precise forecasting ... (full story)

Comment Options
Bakker
May 20, 2014 4:11am
Permalink
So what, everybody falls in this trap. Easier said than done.
Reply
vilas
May 20, 2014 9:22am
Permalink
Quoting Squeeze
This guy writes the worst articles I've ever read on FX trading.
You are 100% right ! Waste of time to pay attention ...
Reply
Squeeze
May 20, 2014 5:37am
Permalink
This guy writes the worst articles I've ever read on FX trading.
Reply
naira4gold
May 20, 2014 3:24am
Permalink
Well put and succinctly said. Never trade with a closed mind, always watch to know what the market is saying.
Reply
Mike Haran
May 20, 2014 1:41pm
Permalink
Trading is not about geting to some zen state.Its about making money and lossing a little on the process
Reply

  • Related Stories

There are no posts to display for these settings.
  • Story Stats