Minggu, 15 Agustus 2010

attitude

Often people obey attitude. So that it falls in the forex business is done direct trading. As a result of fatal losses could not be avoided. Here, at least, five mental attitude to be possessed by the (prospective) trader / investor to the possibility to succeed in the larger forex trading. "Rule Maker" or "Offenders Rules" Freedom is a paradox. It means that more people want to be free, the more he must comply with a set of rules. Life is full of rules starting small we must obey their parents, school rules, driving rules, also rules countries. We must cooperate in order to our lives orderly and free. What will happen if we are illegitimate, surely our freedom is at stake. Or at least disrupt the freedom of others. Forex trading also requires that we adhere to a set of rules. Regardless of who the father / mother not more forex related learning is to understand the rules that apply in this business. In fundamental analysis, there are many rules in the form of economic news. If demand increases, the currency will strengthen, for example. Also in technical analysis. Father / mother learned to read charts, candlestick pattern recognition, Fibonacci formulas, learning the technical indicators and others that are all the rules that must be understood. Creating a trading plan, develop strategies and trading techniques are examples of other forms of rule. But, what it means to learn and make the rules if it's all basically the father / mother is the "rule breakers'? Will be useless if all it would be broken, right? Make sure the father / mother has the mental attitude "rule makers" and committed to compliance. Trader successful are those who hold the rules and apply them in trading. Conversely, the failure of many due to lack of commitment 'to follow the rule'. "Good Listener" or "Bad Listener" Is the father / mother likes to interrupt others? person who was telling me something so that they are undermining the subject? If yes, my suggestion should be careful. Habits can be brought into the trading habits and raises the risk that is less good. At the moment we are trading, in fact we're listening to a story. Ie "the market story" as told by the graph. He talked about the market situation, market psychology, the condition of the power of buyers and sellers, all the that we must listen carefully. We must be able to capture his stories so that we understand what is happening in the market. Being a good listener means that we focus on what we're dealing with, namely market. Without being able to focus on me is impossible we can succeed in this business, or other well.


"Controlling Emotion" or "Controlled Emotions" Successful people in finance are always able to make decisions without involving their emotions business. Can you believe it, no more successful businesses are making decisions without the emotional and run an economically sensible. Instead of business failures can occur early from decisions that are irrational and very emotional. Take for example, by retaining employees who are unproductive simply because we love it of course would lead to socio-economic impacts that are not good and are at risk, is not it?. Moreover in forex trading. There is a trading jargon that our enemy is ourselves. That is none other than our emotions. Trading is encouraged because we "love" to trade, or enter the position because of mental wanted revenge for previous losses must be very risky. Demanded to professional traders and used to make decisions that intelligent, logical, and without emotional. If the father / mother is controlled by emotions when trading, of course the possibility of losing money would be enormous. Traders who had always been able to control his emotions, otherwise traders who fail are always controlled by his emotions. "Fear of Doing Wrong" or "cope Error" Everybody makes mistakes, but wise people learn from mistakes. Mistakes show us what parts need improvement. Without errors, it is impossible we can know our faults. Did the father / mother the biggest mistake in life? That is when we avoid situations that we might do wrong. Strong people are those who dare to take the decision despite the risk of making mistakes. People make mistakes more powerful than the weak. Strong people prepared to do wrong, laughed at, learn from it, and become stronger because of it. In forex trading, no one nobody paid is always right in analyzing the market. Risk stung because it means loss of investment. But professional traders know what to do with the error after error that occurred. He's learning and improve trading strategies. Mistakes are teachers should therefore be addressed in such a way that not only makes us depressed and desperate. If the father / mother is prepared to tolerate mistakes trading, then it will be extremely valuable capital to achieve success in this business. "Future Focus" or "The focus of the Past" Has the father / mother lost something? I mean something very valuable in life, which happened due to his own mistakes? I am sure everyone has experienced, in varying quantities. Perhaps the form of money, loved ones, property, opportunities, and so forth. No problem. The problem is how long to regret the wasted time these errors. How bad is the father / mother continues to be afflicted with remorse's suppose if you do not like this if it is not so. If the father / mother has a mental attitude like my advice is do not try investing in forex, because it does not match. Among the ten trading can be three or four times we were wrong, and result in losses that are not small. Traders who had always been able to break away from his past regrets. He will return the focus to the next trading. Look to the future. Without wishing mentally burdened with an unnecessary, even if it could harm the trading happens next.

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