Sunday, 5 June 2016

TRADING PSYCHOLOGY - BELIEVE IN YOUR SYSTEM BECAUSE NOBODY DOES

Good monday everyone!

Today i would like to share my personal experience when i attend a trading course.

It's a great experience meeting a guy who really made it to trading. One of my idol is Mark of FXCL.

We discusss basics of trading. It's a great routine to go back from time to time in trading.

Ok about the system i realize that each trader has a different style in trading. I am purely technical. Im aware of big news but I dont trade it.

I share my trading systen, but if you share it to other traders it is totally different.

You are the only one that believe your system because you are the one that back tested it. You are the one that will believe it..It's like your the inventor and you know it works because you tested it for many times. But just like othet invention you know there are weakness and you know you need to improve it.

As the developer of that system you know how when to put alarms or emergency stop or tripping device when the machine doesnt work.

We must think like this, whether we trade it automatically or trade manually. We know when there is something wrong, we know that we need to put stop loss or hit that close botton.


1 comment:

  1. The foreign exchange market ( Forex ) is the largest market in the world for the trading of currencies.

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