Traders Talk Home Traders Talk. My Introduction Into Trading Written by: How I Was Introduced to the Market. Forex Vs Other Markets. The struggles as a trader. Technical Analysis Written by: Money Management and Risk Reward. Discovering the line Between Gambling and Trading Written by: Trading Psychology Written by: Trading and Full Time Education. Never give up, no matter how hard it is. Trieu Vy Trinh Category: Trading during studies and moving around the world.
Addicted to Trading and Overtrading Written by: Trading alongside my full time career Written by: The Art of Technical Analysis Written by: Robin Spaens - Belgium Category: One Year on Forex Written by: The human mind, is not the traders mind Written by: My Introduction Into Trading.
My names Connor Lee, I'm 21 years old and I've been trading for around the past 7 months. I knew a life of was not my calling in life so I was always open to new opportunities in life. I was initially introduced to the Fx market by social media, seeing all these London city traders with their fancy suits and MT4 profits fl Forex is traded by central banks of countries, companies, hedge funds, big investors, and retail traders around the world, therefore, it has high liquidity and subject to high v If you are reading this it means that you have a big interest in trading financial markets.
You saw all of those cars, vacations and big money on social media. Well, you probably also know that the majority of those "Instagram Traders" are fake doing their marketing thing because they just can't make money trading. But let's focus on those legit successful traders that are now letting their success to make all the nois In simple terms trading is how you behave when you are trading on the markets, you want to be emotionally stable not too excited or stressed out etc. AstroFX really changed my trading life which is crazy.
I started trading in November of aside from playing Division 1 College Basketball. I was watching a MLM video on Forex, really intrigued. So I was reading BabyPips, while thinking of sign ups. I started off watching Steve Mauro, then Storm Lewis, and other traders.
But once I kept constantly losing, I realized I had to make a change. I would only trade off the M15, and analyze off the H1 and wonder why I'm los Creating Personal Risk Management Plan. When trading my account, using risk reward is absolutely crucial when executing trades as well as managing risk. In line with my technical analysis I will only trade with setups with a risk reward ratio of at least 1: As we all know that no trade is guaranteed so it's essential that we manage risk and trade as if it were a business.
We need to look at our risk stop loss as overheads and only trade when we have confluences line up. The trade must makes sen Discovering the line Between Gambling and Trading. One of the hardest traits to acquire as a trader is patience.
Patience and discipline is the key to longevity in trading. The key to long term profitability is waiting patiently for proper confluence of events with the higher time frame premise in mind. Stop the intra minute scalping! Less is more especially in trading the FX markets.
You can be wildly successful with just one or two cherry picked trades a week that have a good risk to reward ratio. Lack of proper rules and discipline will ju I'm sure that mastering the emotions of trading is extremely important to have success, along of our trip we will run in front of many opportunities within the market, whether to buy or sell and just be in front of such a configuration, we will have thousands of questions and this emotion in particular we call DOUBT.
I buy or sell? No matter what level of education you are currently engaged in, studying can be a very time consuming and mentally draining task. No matter how competent you think you are, the stress of deadlines, exams and general work overload can affect the best of us; if you're attempting to make your way into the foreign exchange market at the same time, it can seem an overwhelming task. But fear not, there is no reason for it to be an impossibility, with the correct time management and attitude, tra The Importance of My Trading Journal.
All successful traders have some sort of trading journal, which acts as their blueprint for their own trading journey. Journals can range from something as simplistic as a document highlighting the pair, the price that the pair was brought or sold and its stop loss and take profit levels.
Other journals can be more involved which will highlight their analysis and work out the risk to reward ratios in which give clear understanding to why this trade was profitable or occurred a loss. My name is Ben, I'm 22 years old born in Sydney, Australia. Addicted to Trading and Overtrading. Over trading I believe begins with great enthusiasm to trade and the burning desire to make profits in the market but at times forgetting the key aspects of patience and discipline which play a great role in the extraction and consistency of our profits.
Overtrading played a lengthy part in my trading, for around two to three months, I was hovering around breakeven and wondering how com, like an alcoholic in denial it was a problem I was dismissing. After back testing my system and recent Trading alongside my full time career. Trading while working full time, something very common for most people trying to trade.
I struggled with this for a very long time but due to really dedicating some time and hard work into the charts I was able to realise it is possible. I then decided to go ahead and take trading seriously hence me doing my course with AstroFX. Since then they have helped me to attain a strategy that is extremely profitable in this market and also a strategy that helps you to trade while being occupied with wor The Art of Technical Analysis.
Another strong market philosophy is the implementation of multiple confluences mainly target confluences. By utilising the laws of Price Action, the traders thought processes can now be aligned with the markets medium-long term potential profit My Trading Journey From Belgium. Robin Spaens - Belgium. I talked to him on Skype and we met 1 time in person. After 8 months of profitable trading, even I c I realise that many people reading may be interested in hearing more about the experience on the course that Astrofx run.
I think there are plenty of testimonials that will all allude to the same message - it was great! I met Natt and Shaun over two years ago when I first went to their offices, and the rest, as they say, is history! Since attending the course, I went through the obligatory stages of doing the exact opposite of what I'd been advised - over trading, changing stop losses and le One Year on Forex. Hi, my name is Roham. Maybe funny, but seriously, maybe the effects were too high I even learned the psychology of the price action that I had not heard I sai The human mind, is not the traders mind.
Fear is maybe the most natural and most inherent part of every human being. It is for our survival, thousands of years back, humans used fear to remember dangerous creatures that could potentially kill us. Fear is based on previous events, and humans used it to survive. Therefore, fear became an inherent part of every human's life - and it still is toMore...