I could relate to that one! Excess fear of losing can make one really vengeful and anxious and what happens next is known to all.

Emotions (money management)

Trading is no easy feat. Almost 80-90% of traders fail due to lack of discipline and poor risk management in Forex trading. To be among the list of successful traders one has to set aside some quality time and follow a disciplined approach with no ...

Most traders fail because of no discipline!

Well I feel that’s your way of seeing things. I use stop loss with a different perspective. I believe there’s no harm if try to manage my risk by using stop loss. I agree that stop loss doesn’t guarantee profits but it makes me feel confident. I ...

Trading Without a StopLoss

Absolutely! During the hours of high volatility, prices move one way than another. Stop loss give some sense of protection to the trader and helps to reduce emotions from trading.

Trading Without a StopLoss

The importance of technical analysis lays in the fact that it the study of mass investor psychology. It is good way of predicting the market trend but it is just one tool and not the only form of analysis for the traders. Technical analysis also ...

There is no such thing as technical analysis

Management of one’s emotional state is difficult especially for a newbie in forex trading. After acquiring all the knowledge about forex and practicing demo account a new trader should test the real conditions in a live micro account. And yes a ...

Emotions (money management)

True that! Euro is extending its decline on political woes as anti populist candidates in French and German elections are posing threats of EU disintegration. Euro is testing its major support level of 1.0620, followed by 1.0600. If this level is ...

Fundamental/News Thread

Forex trading can change our future but it's not for everyone. It has a great profit potential due to which we all get attracted towards it. But almost 90% traders lose money in forex. Just like any other business, lot of efforts and time are ...

Forex as a Future?

· Stick to one thing “hard work pays off “.There is no shortcuts to success, so to improve your trading performance by analyzing every single aspect of Forex market. · Maintain discipline and patience. · Set realistic goals and do not let losses ...

Secrets to improve your trading performance

Well! Everything is hard, before it becomes easy. So does trading! For me trading is a hard-won success but it’s passionate too. I agree it is difficult but it’s not a brain surgery! With proper strategies and trading plans you can become a ...

Trading is hard, but I like it