Master Your Trading - Lesson 1: Trading Psychology | Forex
Information | Currency | Markets | Fx | Video | Assets | Lesson | Trading
This is the first video in our "Master Your Trade" series. In this video, master Forex trading by learning about: - The Trading Pillars - The bad psychological behaviors in trading - The 6 simple, yet practical, steps to trading success - The Elliot Wave psychology - Money management in Forex trading Subscribe to our channel for the upcoming lessons in the series.
Comments
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Risk Management is how much you are willing to lose. If YOU the individual are willing to lose 20%, then that is your business. Never let these "GURU'S" tell you different. It is YOUR money.
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There is no proof that 95% forex traders fail.
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This video just told me the mistakes i have been making practicing forex
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very helpful
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I can't get my withdrawal from Noafx for over 5 weeks now you can read my full story at this thread
http://www.forexpeacearmy.com/community/threads/noafx-withdrawal-problem.46832/ -
Not sure about Step 5, by all means put any profits in a separate account to protect them, but ultimately a bigger pot size can mean bigger future profits, (all things being equal with you being able to get over the issue with trading with more cash).
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super sir continue your work
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Same experience with me as explained in the video on negative side (Bad Psychology). I had identified my mistakes and found the solution. But never applied because of fear. Your video helped me to apply the same with a question "What if?" is the most important part that helped me to overcome the fear. :)
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i have been losing a lot but after this video I feel it is a turning point in my trade and I ll be a winner soon
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Thank you excellent information.
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Excellent and presented in a very user friendly way. Thanks
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this is BRILLIANT, took some losses this week that humbled myself it's brought me to this video which is a great help for traders battling with greed, fear etc.
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The first thing every new trader should understand is avoid "all indicators".. the only indicator that can do little good is Ultimate Oscillator. 1-Do not apply indicators.2- Support n Resistance Levels are very important. 3- Trendlines 4- Price action.
Thats all u need.. -
This ANDYLANK COM is perfect for anyone. Even if you have absolutely no trading experience! I often warn newbie traders not to dive into trading Binary Options thinking that you will be able to earn an incredible amount of profits on your own! Whenever you try something for the first time you are bound to make mistakes and mistakes in trading means that you are losing money! That is why having Option Navigator software is what you need!
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This is really a great info about Trade in stock market but also apply in our daily routine life and in any business plan. Works great. Live, love peace (Syed)
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38:00 "What turns me on" lol... Dude you're video is a great help and I can relate to everything you said. Moving stop losses, taking profit too early, revenge trading and rushing trades... You are an absolute fantastic speaker.
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Outstanding Video/Lesson!!! Well done and thank you
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Educational indeed! Thank you!!
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Very nice yes my common sense is saying me yes this lesson cover 25% of trading plan