Community
Blog

Community Blog

Add post
Filtrato dai tags:  Mistakes
Avatar

EUR USD TECHNICAL ANNALYSYS WILL NOT COUNT CHART VIEWS

Strategyrunner Posted 5 Mag  in #EU #Trading #Fundamental #Strategy #Technical #Usdx #Mistakes #Tradersblog
EURUSD reached its weekly highs today and it approaches major weekly limits. It has moved outside of the major price action zone for this week and has reached its 2nd target from the 1.095 impulse
It also broke above weekly resistance and candles are showing very bullish sentiment still. possible bearish divergence. Elections will push this one one way or another
technical analysis won't count in this case
Read full story
Translate to Inglese Show original

Since you are not logged in, we don't know your spoken language, but assume it is Inglese
Please, sign in or choose another language to translate from the list.

– o –

Leave a comment
oper inserire commenti
Avatar

DAY 12 - COMMON MISTAKES BY RETAIL TRADERS

alifari Posted 12 Feb  in #Trader's blog #Retail #Traders #Mistakes
There is a famous trading quote "A trader is the weakest link of any trading system". In this post, I have tried to identify some of the common mistakes we (retail traders) make while trading, which diminish our chances of consistent profitability and survival in this business.
1) Boredom: The trader wants some action, so they initiate a trade. Trades should only be enacted when entry signals are reached and not to alleviate boredom.
2) Frustration: Frustration comes from expectations not bein…
Read full story
Translate to Inglese Show original

Since you are not logged in, we don't know your spoken language, but assume it is Inglese
Please, sign in or choose another language to translate from the list.

– o –

Leave a comment
oper inserire commenti
Avatar

DAY 10 - HABITUAL MISTAKES

alifari Posted 10 Mag  in #Trader's blog #Mistakes #Habitual
Today I have made a very important decision related to my trading. I have decided to stop visiting forex trading forums, reading fundamental analysis, twitter comments related to forex, preview & review of news event etc.
I have realized lately that I have been concentrating less on my technical analysis and leaning more towards fundamental aspect of trading and getting influenced by opinions of other traders and as a result my trading results have suffered a lot in last few months.
I did detai…
Read full story
Translate to Inglese Show original

Since you are not logged in, we don't know your spoken language, but assume it is Inglese
Please, sign in or choose another language to translate from the list.

– o –

7 Commenti
Vedi 2 più commenti
alifari avatar
alifari 10 Mag

Neu_spir8 - I will definitely keep track of upcoming news event and how the data came out compare to previous month, but I will not read any review or preview at all. This will keep me unbiased as lately I was taking trades based on those reviews and not following my technical analysis. On the other hand I will keep reading stuff related to psychological aspect of trading and I also like to read lot of motivational quotes to keep my self going.

alifari avatar
alifari 10 Mag

FxMidaso - I agree with your comments..

alifari avatar
alifari 10 Mag

Another important point is ....... Every time I read a "market" related news. The first thing that comes into my mind is "why would anyone want me to know this?"

TrackNifty avatar
TrackNifty 10 Mag

Sticking to your own analysis makes you original.

Jignesh avatar
Jignesh 12 Mag

The only fundamentals I think are worth paying attention to is interest rates, but even that one is hit and miss

oper inserire commenti
Avatar

2nd Month of 2014 - Good luck Trading!

A15612P Posted 4 Feb  in #Learning #My Month Of Jan 2014 #Mistakes
Hello Traders,
Welcome to the 2nd month of 2014! We had a great Chinese New year holidays in Hong Kong until yesterday, and now we are officially opened.
Few learning I'd like to share with you all -
Mistakes:
Don't jump into the market, just that you have an itchy finger. I lost 200 pips each - CAD and AUD in the last week of last month... It was a devastating loss of 400 pips.. All my profits were wiped out and I had a terrible loss of half of my capital. All because I couldn't bite my itchy…
Read full story
Translate to Inglese Show original

Since you are not logged in, we don't know your spoken language, but assume it is Inglese
Please, sign in or choose another language to translate from the list.

– o –

1 Commenti
Convallium avatar
Convallium 4 Mar

Thank you, for your tips! And I wish you good luck in your trading)

oper inserire commenti

Top bloggers

Blogger Posts / Likes

Top rated posts