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TRADE WITH A CALM MIND, ANGER IS SELF DESTRUCTIVE

Staying calm does not mean sitting still, your heart beat should be normal, and thoughts should be not be excitement provoking.
Emotions such as anger and excitement interfere with our brain's ability to think rationally. Hence, such emotions must be avoided on a trading desk.
There are two powerful ways to achieve true calmness in your trading terminal.
First: Decide the loss you are happily willing to take. Then keep your stop losses accordingly.

Second:
Do meditation.
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verindur avatar

Yes Sir : ))))))))))))))  Its an art of playing an uncertain game with certainity.

foreignexchange avatar

good job

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QUOTES TIME !

“They were a people so primitive they did not know how to get money, except by working for it.” Joseph Addison.
“October: This is one of the particularly dangerous months to invest in stocks. Other dangerous months are July, January, September, April, November, May, March, June, December, August and February.” Mark Twain
“If you owe the bank $100 that’s your problem. If you owe the bank $100 million, that’s the bank’s problem.” JP Getty.
Money isn’t everything, but it’s a long way ahead of wha
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Stix avatar
Stix 14 Oct

I like the JP Getty quote. That's hilarious ! :) :)

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interesting

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FUNNY AND/OR WISE QUOTES

“The rich. You know why they’re so odd? Because they can afford to be.”
–Alexander Knox

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If you think nobody cares if you’re alive, try missing a couple of car payments.
--- Earl Wilson
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Too many people spend money …
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Olga18375 avatar

Thank you)

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Nti_ 7 Oct

Good))

VictoriaVika avatar



"People are living longer than ever before"? Which country? Not in Ukraine :)

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FUNNY AND/OR WISE QUOTES

Money is not the most important thing in the world. Love is. Fortunately, I love money
Jackie Mason
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Women prefer men who have something tender about them – especially the legal kind.
Kay Ingram
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A bank is a place that will lend you money if you can prove that you don’t need it.
Bob Hope
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SOME IDEAS ON TRADING, COMPILLED FROM TWITTER

The most important rule of trading is to play good defense, not great offense.


Maybe "Buy when others panic" meme should be clarified too. "Panic" isn't a 2-3% pullback. It's when others want out at any price.


Changing your mind quickly pisses people off who can't find it in themselves to do the same

"I could trade without knowing the name of the market.” Richard Dennis

"The less I cared about whether or not I was wrong, the clearer things be
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Mariia avatar
Mariia 12 Mar

I like the last)

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Maria_r 24 Mar

very interesting

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EUR/CHF WILL BE UP IN 2014

I have some reasons to believe that going long on EUR/CHF is a very good Idea in the long term (above 3 months).

Take a look at them, and lets have a green full discussion .

1) The stress in the euro area is fading away, slowly but steadily
Systemic risk has faded in the euro zone, and further progress will be made to tackle the solvency issues of euro zone countries, the Swiss franc should lose its appeal as an alternative investment,

as said by Societe Generale
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500nm avatar
500nm 2 Feb

i wrote this for the article contest, but for some reason i was not able to do that :(

500nm avatar
500nm 2 Feb

it is behaving strangely

sankit avatar
sankit 2 Feb

Great effort ..

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what was wrong? did you solve the issue? please let us know about the problem, send e-mail to contest@dukascopy.com

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