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Sunday, 24 April 2016

The biggest problem of the trader

I know a lot of traders since forex become my hobby. Some of them quitted a long time ago, some of them are still on the market but there is one mistake that they share - overtrading. It is like a curse for traders. Perhaps unavoidable. Don't get me wrong, I am not an exception. I think that this is the biggest problem for all traders.

In other words, what overtrading is that you make more deals than you should. This is happening when a trader set goals for a period of time that that he just can't achieve and he is making deal after deals which often leads to the end of his forex career.

The solution - just do not set any goals. Lean to be patience and don't push your luck. Enter the market when you have a clue. You won't improve with more meaningless deals and you won't become millionaire in no time.


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6 comments:

  1. Unknown24 April 2016 at 13:19

    Excellent point, I will keep it in mind.

    ReplyDelete
  2. Unknown24 April 2016 at 14:42

    Good post!

    ReplyDelete
  3. Unknown24 April 2016 at 20:57

    Everyone is running for something. But if we’re lucky, fate intervenes and presents an opportunity to conquer our fears. But this is not the only on which to rely on.Patience is a triumphant key.Only then trading bestowed become a trading fulfilled.

    ReplyDelete
  4. Unknown25 April 2016 at 16:36

    Patience is an important virtue for any trader who wishes to succeed.

    ReplyDelete
  5. Unknown25 April 2016 at 16:40

    Great post, thank you!

    ReplyDelete
  6. Unknown25 April 2016 at 17:28

    Great post.

    ReplyDelete

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