DislikedOnce a trader spends numerous hours watching and studying the charts they become aware of every type of candle move that is transpiring and most types of formations that shake the newbies out.
I spend time prior to my trading preparing my mind, and if someone wants to be a knowledgable trader, then my recommendation would be to have set rules that they trade, and also have a mindset of what is going to happen once they enter the market.
Many traders start with demo's, and it teaches them to just do what they want, but once you throw a real buck into the mix, then your emotions begin to play on you very quickly.
Just trade what you have on your strategy, if it stops out, then so be it, we will have hundreds of more trades to follow.
And never let one loser beat you, get it together and come back with a great knowledge of yourself.
Patience and Peace, two ingredients for a fun day at the office trading FOREX.Ignored
Monarch you are just the coolest hey. I've been quietly watching this thread for most of the day but just couldn't help but tell ya that!