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Shalom.
Shalom.
I agree )
The trouble is that we have to educate not only traders, but investors too.
Otherwise many passengers, having watched the "cosmonauts" with their 100500+ percent a day, invest there, and then, after a quite logical loss, start shouting about a hoax.
That's how it looks to me.
These are:
1. creativity;
2. Validation of accumulated knowledge and experience face to face with the most interesting, real and unexplored financial market;
3. addiction; 4;
4. adrenaline;
5. Losses;
6. Gaining experience as a substitute for loss, possibly with a subsequent return and multiplication of previous losses;
7. The ability to educate oneself not to take excessive risks;
8. Only use cent accounts to create and test your TS, it is the destiny of investors to follow your success, I would advise you never to risk your considerable funds;
9. Never test your TS on demo accounts, only on cent accounts;
10. Never forget the 5/95 rule;
11. give preference to auto-trading;
12. For the first 5 years treat it as a game, realizing that, the game has losses as well as gains. Only then, if all goes well, gradually move on to serious work; if not, keep playing.
What is the 5/95 rule, pardon my ignorance?
5% - trading on the plus side;
95% are in the negative.
What is the 5/95 rule, pardon my ignorance?
And this is taken from the books, where 5 are on the plus side and 95 are on the loss side.
This is bullshit, there is a statistic that can also be used as a guide:
"According to the NFA, among US forex companies, about 10% of clients close the year in the plus, about 30% fluctuate near zero, 60-70% percent close the year in the negative (any). Stable profitability month after month is not more than 1-2%".