Post
Topic
Board Trading Discussion
Re: How to stop taking high risks?
by
shield132
on 19/09/2019, 10:13:27 UTC
Hey guys, I noticed that I always seek for high profit and point is that I still trade 25-50-100x. Then I lose deposit and then repeat once again.
Sometimes I gain a lot, like 10x and it gives me positive energy.

But I realise that trading with high leverage is a disaster. How to stop doing that?
Since that accident repeats, I guess you trade with money that you can afford to lose. The problem is that you are looking for high rewards, that's why you take high risks and that's why your risks will almost always be high. Seems during this high risks, your chance of win is very low and that's why you win rare.
There is no direct way to stop, you have to change your habits, try to adapt on new habits from current one, be emotionally strong, it's not necessary to trade often, just trade when there is time, try to catch good moments. Failed? It's a new opportunity to learn, just see, you understood that your plan is bad and that happened because you failed, every fail is just a step in a way of success.