What are Forex mistakes every gambler should avoid? The point here is the obvious things like “do not put all your eggs in one basket” but it is rather an interesting nuance one should take into account.
The fact is that any even the most charming and attractive Forex investing strategy games on Forex are not more than some mathematical models attempting to describe reality but not predicting it that don’t pretend to make absolutely sure recipe for a player’s behavior on the Forex real time exchange. Because of the misunderstanding players often start with the first loss blaming their strategy increasing their loss unreasoned actions.
In this case the professionals advise to remain calm. Most likely the loss (with the right observance of tactics, of course) happens because of the fact that the market and not the player behaves “improperly”. The same can be applied to the unexpected profits – the market may move toward the expectations of the player bringing an unexpected profit.
As in the case of unpredictable profits, and in case of loss, the main danger for the player with such movements of the market is in the fact that he has ceased to perceive market volatility and casts his own knowledge and experience from muddle. Forex secrets with all the market unpredictability is not a lottery, so assuming a psychological weakness it is easy enough to dive into the deep abyss of “minus”.
Therefore, using any tactics and games strategy on the Forex you need to remember that you can not resist the momentary feeling and leading 7 or 10 positions, calculate each of them manually, minimizing loss, or bringing profit to the maximum. Even experienced traders consider it very good if 7 of the 10 position is profitable. In the long neat game on the Forex it is balanced without any sharp steps and momentary hesitation, the approach to your own positions allows you to extract maximum profit from your investment.
The fact is that any even the most charming and attractive Forex investing strategy games on Forex are not more than some mathematical models attempting to describe reality but not predicting it that don’t pretend to make absolutely sure recipe for a player’s behavior on the Forex real time exchange. Because of the misunderstanding players often start with the first loss blaming their strategy increasing their loss unreasoned actions.
In this case the professionals advise to remain calm. Most likely the loss (with the right observance of tactics, of course) happens because of the fact that the market and not the player behaves “improperly”. The same can be applied to the unexpected profits – the market may move toward the expectations of the player bringing an unexpected profit.
As in the case of unpredictable profits, and in case of loss, the main danger for the player with such movements of the market is in the fact that he has ceased to perceive market volatility and casts his own knowledge and experience from muddle. Forex secrets with all the market unpredictability is not a lottery, so assuming a psychological weakness it is easy enough to dive into the deep abyss of “minus”.
Therefore, using any tactics and games strategy on the Forex you need to remember that you can not resist the momentary feeling and leading 7 or 10 positions, calculate each of them manually, minimizing loss, or bringing profit to the maximum. Even experienced traders consider it very good if 7 of the 10 position is profitable. In the long neat game on the Forex it is balanced without any sharp steps and momentary hesitation, the approach to your own positions allows you to extract maximum profit from your investment.
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