Weakness in trading

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Thread: Weakness in trading

  1. #1
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    Default Weakness in trading

    Weakness in trading
    I think from all weakness in the human elements foremost is an emotion that is mainly considered as a primary enemy in Forex trading. By and large traders in particularly the newcomers fall a great loss by this weakness when trading practically. Actually without long term experience thatís not possible at all to remove emotions in Fx trading.

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    Quote Originally Posted by Golden Sark View Post
    I think from all weakness in the human elements foremost is an emotion that is mainly considered as a primary enemy in Forex trading. By and large traders in particularly the newcomers fall a great loss by this weakness when trading practically. Actually without long term experience thatís not possible at all to remove emotions in Fx trading.
    How do you advice to cope with it? I use only stop loss on my Hotforex platform but consider it not enough for my success

  3. #3
    Junior Member CarlosR's Avatar
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    Default The human part has to be outside the market

    The human part has to be outside the market
    We can not operate based on our emotions, we must have a defined strategy of operation to obtain good results
    The Forex is good

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    I think overtrading and greedy are crucial weakness in trading and overcome it is not easy.

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    Forex broker is the most important factor in Forex trading. Without a broker no one can start Forex trading. One has to be more careful while choosing broker. Because there are more than thousands of broker in Forex trading business and to find out a right broker is too difficult. You can choose a broker focusing on your funds security, minimum transaction cost, easy withdrawal process, initial bonus offer etc. Considering above mentioned topics I have selected Forex4you as my broker.

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