Patient is the key in tading Forex

in #forex6 years ago

To be a Pro in this Forex Industry as we always a student, You should learn how to be patient and stick to the strategy uses. A very high percentage of Forex traders end up losing more than they gain because they impatient and this leads them to gambling. I trade Manually every trading day been a scalper, sitting here today in my home office watching the charts for trade opportunities, No Trade signal from 6am i woke up until 4pm i saw signal not even 100% criteria met. This could have lead to gambling for many traders who scalp the market and end up losing the capital. Because by gambling, emotion will definitely get the best of you. Patient is the key. Traders step into market with nothing but their desire to make money using mastered strategy. When they do not fulfill this desire(NO SIGNAL), they start gambling and it is not long before they have lost all their money, which usually leads them to gamble even more, and often more aggressively. Leave your emotion out of the equation. Trade objectively and scientifically. Stick and abide by the rules of your strategy. This prevent your account from more loss and put you on the right track of money management.

www.emofxworld.com

69176b42-a158-4ce1-bdeb-eee3bbdf7893.jpg

Sort:  

Congratulations @worldnewstoday! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Do not miss the last post from @steemitboard:

The Steem community has lost an epic member! Farewell @woflhart!
SteemitBoard - Witness Update
Do not miss the coming Rocky Mountain Steem Meetup and get a new community badge!
Vote for @Steemitboard as a witness to get one more award and increased upvotes!