DislikedLet me tell you something about me I'm an excellent analyser and I'm usually right in my analyses, but I'm a bad trader and not only because I don't use a stop loss it's because I tell myself that , if pric will go against me I'll getout manually, and then when I'm wrong I just freeze and don't get out of the position and enter the opposite position, and just see how my account evaporates. It's because I deposit small amounts and enter with full margin, and then I'm afraid that if I get out then I'll have to earn at least double to make a profit,...Ignored
Set your TP higher than your loss, every time you win more and lose less, in the long run, you still win even if you are right only 50% of the time.
I used to keep blowing my account in the past. This is the first 2 months I handled live without blowing it up, plus I actually earned those sweet sweet profits.
It's all about controlling one self, strategy doesnt have to be complicated, it's easy to follow, it is the emotion that is hard to control, leading to poor result.
I am still overcoming my weak point in emotions, i believe i can succeed in conquering my emotion this Sep, then keep it up all the way until next year's Jan then i can finally afford myself a BMW with cash.
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return:
52.2%
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