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Which is the Trader's Drug of Choice.. Uppers?? Downers?? FEEL THE RUSH!!

Why do we trade? FEEL THE RUSH ???
BECAUSE We like to make money?
BECAUSE We like to beat the market?
BECAUSE We like to play in the biggest economic arena in the world?
BECAUSE { ??? ??? } >>>
Is anashape about to enter a trade?Is anashape in the middle of a trade?
Is anashape about to exit a trade?
FROM HER EXPRESSION DID SHE WIN LOOSE OR DRAW?
JUST GOT PAID!
I was going to insert DON'T LET IT GET YOU DOWN but thought who would trade after listening to it.We trade because we like the action.…
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DAY 30 - TIPS ON HOW TO FREE YOURSELF FROM FEAR

Tips on How to free yourself from Fear & Greed

  • Have a trade plan and stick to it.

  • When you trade, have ZERO things that show your account balance ever. If you see no $ value on the chart you will think rationally, rather than emotionally and will trade what the chart is telling you.

[list][/list]…
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megajorko avatar

Very well said. I totally agree with you

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DAY 29 - FEAR, GREED & EGO

We always fight our hidden demons, weaknesses, 'know it better', FEAR & GREED. Those two plus one's EGO can lead to self destruction of a trader. Big leverage, rush and greed will put you crying in a fetal position one day and it's not a pleasant experience.
Slow and steady, and capital preservation will do miracles to your account over time. What's most important is to look back and see what went wrong or what worked and always seek improvement.
You can show a 10 year old kid a method and he/s…
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What's your fear? Какие у вас страхи?

Good afternoon.
I hope everyone is doing great
Probably, all of us were scared of a lot of things when we were kids, right?
As far as I remember, I was always scared to go to a dentist. Also, I was scared of bad weather, which is: crazy rain with thunder and lightning. Something bothered me every time during this weather. I was also scared of getting food poisoning, because the process is really unpleasant. There was a time, when I was scared of the darkness. And, to stay alone in some line, whe…
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Sennna88 avatar
Sennna88 30 Mag

great post!

AlinaSelina avatar

Thank you

isomere avatar
isomere 3 Giu

not to get enough likes for me)

geobio66 avatar

гроза - это очищение

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DAY 13 - FEAR FACTOR IN TRADING

In my opinion, a retail trader experience different kind of fear while trading forex. So it is important for a trader to identify what actually he/she is afraid of:
1) Are u afraid of losing money
2) Are u afraid of losing because it will hurt your ego
3) Are u afraid because you are not confident about your strategy
4) Any other reasons beside above
The answer to 1 & 2 is, as a trader you have to accept that losses would occur and even the best of traders lose and it's a probabilities game and …
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verindur avatar
verindur 14 Feb

I hate losing even 1 trade. And it happens everytime.

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How to Trade A Trading Idea

The next important question any trader has, after having an trading idea is: How are you going to play that idea? This question is especially true in the case of long-term traders as it's not enough to spot a trade setup you'll have to have a plan and how are you going to implement that plan as well.
Since beginning of the year I was calling this correction in yen pairs, and you can find plenty of evidence in my blog. But since I was coming flat into the new week I had to find somehow to re-posi…
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agddivisas avatar

Want to give you 10 dukats (under right), but ..

agddivisas avatar

"Operation is imposible", please refill your account!
What i´m doing wrong?

Daytrader21 avatar

To be quite honest I have no idea maybe we should ask CommunitySupport

CommunitySupport avatar

agddivisas you should leave some Dukats for this option in the future. If you send all your balance to the platform  you can not use it in the Community.

agddivisas avatar

Ok, understood.
Thanks!!!

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DAY 10 - TRADING WITH FEAR

As a trader, we all have different kind and levels of fear and if we want to succeed in trading we have to come out of this fear factor. So the best way to do it is to identify what you are afraid of.
1) Are u afraid of losing money
2) Are u afraid of losing because it will hurt your ego
3) Are u afraid because you are not confident about your strategy
The answer to 1 & 2 is, as a trader you have to accept that losses would occur and even the best of traders lose and it's a probabilities game an…
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verindur avatar
verindur 10 Gen

I fear myself. Either I will go crazy. Or greedy. Otherwise no problem. But Now I am going not only Professional but also Exponential. ))))) Still working out the Practical Plan. I will be completely free in Feb. Then my strategy would be to Scare the markets not myself. How ? Come with 100. Go with 500. Or give away the 100. So mathematical chances are that generally I will win.

alifari avatar
alifari 11 Gen

Good luck with your strategy, as long as the risk to reward ratio is in you favor eventually you will win in long term.

Berkeley avatar
Berkeley 11 Gen

Even Market Wizards have doubts about winning when entering a trade. (Paul Tudor Jones)

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DAY 2 - TRADES REVIEW

Two pending orders entered today, out of which one trade triggered and other cancelled.
1) EURJPY placed buy limit order based on M30 demand zone and there was some reaction from the zone as such tightened SL from 8 pips to 4 pips, but eventually price reversed and hit my stop loss. Total -0.50R loss on this trade.
2) AUDUSD placed buy limit order based on H4 demand zone, but price didn't came close to demand zone and headed higher and away from the zone, as such cancelled order after close of L…
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Trading Advice: Are you afraid to trade?

I had received questions from traders, and in many of them I overview the fear to trade. Is this your case too? And over the years I have in the trading environment, I hear about new traders, novice, experienced traders etc. but I can conclude that we have only have "good traders" and "not so good traders". To be good trader, of course you need knowledge and skills that require times and patience, but someone can have years trading and still be a "not so good trader" because only times can't giv…
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Alexana5 avatar
Alexana5 26 Mar

Ofcourse :) Trading this is a skill, and you need to learn it, if you have an instruction a rules, its makes you learning better and faster, than making your own mistakes.

forexgrange avatar

Making mistakes learning the trading game is something natural and normal. But, the only thing you have to be careful about it's "...to not die trying..." For example, big mistakes in money management can cost a trading career... And I always believe that if you don't have good MENTOR who really know the trading universe, it will be hard life to survive in the forex trading market...

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Being Ultra Picky or Overcautious - Does it Help ?

I often read on numerous trading forums that their strategy has a high win rate because they take very few trades and that they are ultra picky. But when a retail trader try to apply that same strategy in live market environment and forward test it, they fail to achieve similar results and in fact they hardly make any money. Why is that ?
In my opinion,
trading say 4-5 setups per month is going to lead to increased pressure on each trade and thus increases the chances of making an illogical deci
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alifari avatar
alifari 29 Dic

I am always inn for a healthy discussion, thanks for stopping by to express your point of view. Wish you lot's of success in your trading journey.

rivan avatar
rivan 29 Dic

yeah - cheers and good night ;)

Nicco avatar
Nicco 29 Dic

A happy New Year to you!

alifari avatar
alifari 30 Dic

Happy New Year ... Nicco

Nicco avatar
Nicco 30 Dic

Congratulations for your performances in 2013! Now "is going to lead to increased pressure" the New Year 2014! A HAPPY NEW YEAR to you!

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