Monday, 30 May 2016

TRADING PSYCHOLOGY - 5 MONTHS OF DRAWDOWN OR SIDE WAYS (MENTOR LESSON FROM TRADEEMPOWERED)

I just watch one of the video Jason Stapleton made in Tradeempowered.com

This video is a must watch for all new traders, why?

TO SEE THE REALITY OF FOREX TRADING.

It really inspires me and an eye opening or inspiration on my trading.

Jason shows, as a professional trader, his equity curve for the entire year.

Most of us will notice how the curve move upward, but the main catch here is the graph in the middle, how the equity moves sideways, for 20 weeks (5 months) there's no upward movement in their equity curve.

This video shows me that trading should be done on a yearly basis, what I mean is before analyzing or making a final judgement of your trading, it should be on a yearly basis.
Also withdrawing money should not be done after a year of trading.

Take a minute watching this video to see how a professional trader like Jason do it right.

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