Post
Topic
Board Trading Discussion
Re: 7 Difficulties for a trader
by
Knabu
on 26/09/2018, 16:00:50 UTC
Do you think that forex trading is difficult? how long is it difficult forex trading?

If according to ane itself really true forex trading is indeed difficult. But missed his pips. Not difficult to find profit, not too difficult to add analysis or strategy.

However,

1. It is difficult to stop when Profit / Loss lot
2. It is difficult to exit the market while not excited
3. It is difficult to leave the computer while floating minus
4. Difficult to sell OP errors
5. Difficult to CutLoss
6. It is difficult to stop when the target has been reached
7. It's hard not to be greedy

Well, that guy 7 is hard for a trader hehe

Happy trading guys emoticon-Congratulations

Solutions:

1. Use good R:R with 1% SL
2. Exit when you identify bearish divergence in indicators/resistance/candle
3. I'm understanding this it's hard to leave computer when you're at loss = only take good R:R-setups with MAX 1% loss.
4. I've no idea what this means
5. Good R:R with 1% SL
6. No need to stop there if bearish divergence/reverse-pattern is nowhere to be seen.
7. Experience will help with this one, watch the trade progress through analytical eyes and disregard your feelings.