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Risking higher will get you ruin at some point.
Risking higher will get you ruin at some point.
Any one habit of the above will lead to the losses in forex. It is preferable to use EA so you did not every time seat in front of computer to take decisition which are emotional in nature.
I always lose money when i am pushing things for more (Greed) or when i trade with untested (From my EA 's) strategies
- www.metatrader5.com
life itself is a risk so taking a high lot size to me is not the problem but trading the rite trade is the issue however small lot or not when loosing you become unhappy and make more rong decision. so is important to listen to this:
A tade is a market signal showing precise and accurate market points for reversal and expected ends.
A trader is someone who sees a trade and uses his trading tools in taking the trade to his advantage wehter in loss or in gain.A trader never losses account because he has calculated his expectation before they comes. if you losses account it mite be due to the following
i. you dont know what you are doing in the market. you trade by chances and lucks
ii. you are a gambler who goes against known facts. this kind of people are even against their life.
iii. you are rahter a hopper than acheiever
iv. you are better impatient than discipline. for you, life is a long journey that you cant take. take the short journey trough the grave. dead men sleep forever livivng men sleeps and wakes. choose your ends dude.
v. anger and revenge due to stupididty of ones own action.
if you fail you fail but if you succeed we succeed think about it everyday.
Not being privy to important information ie hearing first about GDP or base rates announcements or bond and gilts rates. These announcements are where the big moves evolve from. You won't get murdered without this information, but you will travel quicker with it. Suicide is simply too big lot size. I do know a person who has been in this business for almost 20 years. He works for a financial institution. He places much emphasis on the news and having that feed. He says, if he ever went independent, he would have to invest and get the full news feed at home. Not a small investment.
life itself is a risk so taking a high lot size to me is not the problem but trading the rite trade is the issue however small lot or not when loosing you become unhappy and make more rong decision. so is important to listen to this:
A tade is a market signal showing precise and accurate market points for reversal and expected ends.
A trader is someone who sees a trade and uses his trading tools in taking the trade to his advantage wehter in loss or in gain.A trader never losses account because he has calculated his expectation before they comes. if you losses account it mite be due to the following
i. you dont know what you are doing in the market. you trade by chances and lucks
ii. you are a gambler who goes against known facts. this kind of people are even against their life.
iii. you are rahter a hopper than acheiever
iv. you are better impatient than discipline. for you, life is a long journey that you cant take. take the short journey trough the grave. dead men sleep forever livivng men sleeps and wakes. choose your ends dude.
v. anger and revenge due to stupididty of ones own action.
if you fail you fail but if you succeed we succeed think about it everyday.
Yes, quite. Very philosophical. I give you my avatar as a response.
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