confused~

i've read so many books on forex n its quite confusing especially when people keep repeating....must dicipline....what no fear no greed...then what let the profit run keep losses short...bla bla bla~

isnt let the profit run = greed, wanting more profit?

then keep losses short = fear?fear of lossing?

then no fear = no stop loss, hoping for reversal and stuff

Well it not so far.just one tick line.wanting more off course with analize first..when market in pavor and ur system tell u to hold the position it's ok u let them run (also this is call with no fear..if you have doubt on your system just leave it on the door first) .but when market in pavor but u enter the trade without good setup,the market on your side just by God knows why,and then it turn back first 10 pips,u keep saying it in your mind it just retrace,just another pips maybe market will turn to your pavor again...the market turn 20 pips and still u do the same and finally turn a profit to a loses...it's kinda greed.just try it..you'll find hundred reason to jump on the market as well as to get out from the market when you profit maybe 5 or 10 pips while you have predict before this trade can be a 100 pips profit.also u'll experience with the market when the market go against u,u tell your self it's maybe just for a minutes...turn to 10 minutes..turn to a big loss.

so the thing that make big different is "are u well prepare when u enter your trade?"..wanting more with no MM and analysis is greed and big mistake

no fear with no system to hold on to is another suicide.even if you have a 100% faith in your system u still need a SL since this is a huge market and u still a human.

and btw read all the e-book wont make u a good trader. the real lesson always on live trade.read,research,make application,review,read again,research again and try again.and again.it's a dinamic market with no destination.so enjoy the ride ( turtle ).

my answer maybe cant fullfill your needs,just try it when u finish read your e-book.u'll find the best answer.for sure!! cheers

You are so close. Keep asking questions like that and you will be very wealthy.

Let your profit run: don't close your trade before your system says you should.

Keep losses short: don't move your stop to stay in the trade when its moving against you. Place it where your system says you should and move it how your system indicates.

No fear: Fear and greed are what causes you to break the rules above.

And stop reading for awhile. Try to APPLY what you have learned. Many of the things that will make you successful cannot be found in a book.

From Reminiscences of a Stock Operator:

"The successful trader has to fight these two deep seated instincts. He has to reverse what you might call his natural impulses.

Instead of hoping he must fear; instead of fearing he must hope. He must fear that his loss may develop into a much bigger loss, and hope that his profit may become a big profit. It is absolutely wrong to gamble in stocks the way the average man does."

Not sure if that helps but its all I have this late in the day.

TP & SL is good when we are off to see the world and let the trade run....
any position is speculation, it is not about wish or greed, or any ratio... should you don't speculate, then all of your worry is true from the beginning.