Assalamualaikum......
Many forex traders start trading live too soon.They dont have any UNDERSTANDING and LEARNING of good money management rules.As a forex trader,you need to DEVELOP a few good money management rules.Practice them on your demo account before starting live trading.By developing your own money management rules you are comfortable with means how much of your money you are willing to risk on one single trade.
Good money management can make a huge difference between becoming a successful forex trader in the long run or an unsuccessful one that blows up the account in a weeks.When you lose a trade,you become afraid to risk enough of your money on the next trade.Fear takes over and impairs your decision making,made you lose confidence in your judgment and decision making.
The most common factor that causes many forex traders blow account is greed.Once you start taking greed then you are in trouble.You want a secret formula that never loses a trade.YOU WILL START LOOKING FOR THE HOLY GRAIL INDICATOR OR A FOREX ROBOT that can make you rich.You will believe that by discovering one,you will become rich....hahaha....UNFORTUNATELY there is NO HOLY GRAIL.
FOR ME, ALL INDICATOR AND FOREX ROBOT ARE BULLSHIT! LIKE A RIDICULOUS BOMOH!...thats FACT..!!!!
BOTEKfx
botekfx@gmail.com
FTT
013 5939598 (sms n whatsapp)
*fikir fikirkan dan selamat beramal.....
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Thursday 4 September 2014
Tuesday 2 September 2014
1.45 PETANG.....03.09.2014 RABU.....FANTASY vs REALITY
Assalamualaikum.........
A beginning trader always wanted to replace his working income by his trading profits,it is often a very challenging tasks even for intermediate traders.But they dont realize the fact that 95% of the traders DESTROYED their first account within the first 6 months of trading.
Traders who have NO suficient contradictory WISHES in the market.If you do not know where you are going,you will wind up somewhere you NEVER wanted to be.
A beginning trader MUST LEARN HOW TO achieve the DISCIPLINE of a strict money MANAGEMENT PLAN,acting fast to cut losses from a bad trade when necessary and always see the REALITY not a FANTASY
A successful trader is a REALIST..He knows his abilities and limitations.He sees what is happening in the markets and know to REACT to them.He analyses the market without cutting corners,observes his own reactions and makes realistic plans.A professional trader CANNOT AFFORD ILLUSIONS,They identify these fantasies and get rid of them!
Botekfx
botekfx@gmail.com
FTT
013 5939598 (sms n whatsapp)
<<<<<<<<<<<<<<<<<<<<<<<<<<< TAYOR >>>>>>>>>>>>>>>>>>>>>>>>>
A beginning trader always wanted to replace his working income by his trading profits,it is often a very challenging tasks even for intermediate traders.But they dont realize the fact that 95% of the traders DESTROYED their first account within the first 6 months of trading.
Traders who have NO suficient contradictory WISHES in the market.If you do not know where you are going,you will wind up somewhere you NEVER wanted to be.
A beginning trader MUST LEARN HOW TO achieve the DISCIPLINE of a strict money MANAGEMENT PLAN,acting fast to cut losses from a bad trade when necessary and always see the REALITY not a FANTASY
A successful trader is a REALIST..He knows his abilities and limitations.He sees what is happening in the markets and know to REACT to them.He analyses the market without cutting corners,observes his own reactions and makes realistic plans.A professional trader CANNOT AFFORD ILLUSIONS,They identify these fantasies and get rid of them!
Botekfx
botekfx@gmail.com
FTT
013 5939598 (sms n whatsapp)
<<<<<<<<<<<<<<<<<<<<<<<<<<< TAYOR >>>>>>>>>>>>>>>>>>>>>>>>>
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