Rostyslav Heroev
Rostyslav Heroev
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4 years
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I'm day trader I will be glad to new professional acquaintances.
Rostyslav Heroev
Rostyslav Heroev
What I read before every new trading day!

Controlling risks and determining the right moments


1. Use your feet. It would be wrong if a trader does not know how to limit possible losses. But at the same time, you need to think over everything and create adequate conditions.
2. Do not get carried away with canceling stop losses. It is best to always stick to the stop losses that you have personally set.
3. Being out of position is sometimes beneficial. You don't have to start trading just because it gets boring. Much better to wait for the right moment.
4. Correctly determine the moments of entering and exiting the market. Fluctuations and ambiguities are never a good place to start trading, because no strategy can fully work in an unstable atmosphere. The financial market is not constant anyway, so learn to find the safest moments.
5. Completely eliminate frequent entry and exit from the market. With this approach, you increase the risks and completely turn away from common sense. After all, this behavior is most often based on experiences and unnecessary emotions.
6. It all starts simple. No need to frantically poke the cursor across the screen in search of a tool or a suitable direction. You can do with superficial analysis and a desire to work.
7. Loss is a good but dear teacher. After an unsuccessful transaction, analyze your actions and try to find obvious mistakes so that you do not step on the same rake twice later. Otherwise, the trader is doomed to suffer from the same situation, and even the most effective and one hundred percent strategies will not be useful here.
8. Self-control plays a significant role in trading. Negative emotions should not be allowed to prevail, for this you need to remember that all success depends almost entirely on the investor and his abilities. Therefore, self-control will never hurt, and in some cases even save you from significant losses.
9. Create yourself a discipline and stick to it. It is necessary to have some basic rules that are mandatory in any conditions. A positive result from this will be noticeable almost immediately.
10. Consider the nature of the market types. It should be remembered that the bear market is destructive and can ruin all your developments that have been made during the months of the bull market.
Rostyslav Heroev
Rostyslav Heroev
Hah !!! Friends, what about your expectation at forex?
Rostyslav Heroev
Rostyslav Heroev
I think like this
Rostyslav Heroev
Rostyslav Heroev 2020.10.19
obsoletely true!