Forex
trading gives the same recipe comparison returns through high leverage and
deliberative growing power available for traders. Also, the majority of Forex
traders have the same mentality, who is gambling - they want to achieve the
many profits quickly. The idea of getting on the big trump deliberative
process is that attract gamblers and Forex traders to do what they do.
Do
you gamble in the Forex?
In
order to determine whether you are actually gambling in Forks, ask yourself the
following questions:
-
Do you have an advantage on the market?
-
Does the risk by more than 5% of your account?
-
Is trading with money you cannot lose?
-
Are you waiting for achieving major deliberative process?
If
your answer to these questions is yes, there is a great probability that you
are gambling in Forex, compared to the professionals who trade in a more
professional and they are running a business.
Gamblers
are not seen in the Forex to what they do as a business, instead, they walk in
to the Forex markets dangerous enthusiasm. But the side on which the Forex
market differs from gambling accurately, is that traders can use one of
validated methods, such as the trading price movement to give themselves an
edge over the market.
Acting
majority of traders based on hope, hope to profit from the following process
and hope that they can to make up for the losses incurred. And when he acts in
Forex traders based on the hope they walk in to a very dangerous area, you can
call it gambling in Forex.
What
can you do if you are trading with the mentality of the gambler?
It
is the realization that you are trading in the Forex gambler mentality is
troublesome, but this can be overridden by dealing with trading like a job or a
business. It owns all business deliberate plan, and the situation should be
applicable also on trading. You must have your own plan of action on the
following elements:
-
Understanding risk ratio in all deliberative process.
-
The rules of entry and exit.
-
Trading management rules.
-
The times will be carried out by scanning the market.
Realism
about what can be achieved in the work plan is essential. It is possible to
achieve your Forex trading profits on an ongoing basis, but if you open an
account worth $ 1,000, it expects to achieve a million dollars and leave your
job, this is what is considered gambling in Forex.
In
addition, you must retain all the business record of the money earned and money
losers, and must have the same record of your trades. This should log keeps
track of all the things such as trading operations and has the results,
including profit and loss, and how to manage your trades.
Start
acting like a professional trader
It
does not look professional trader to the market as a game or a place where
there can be big risks, and know that Forex trading is highly dependent on the
risk management. Start to enter into the proper mental and Be professional in
your risk management.
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الفوركس