I agree I have been doing this for some time and it is really helpful for noting down the patterns of your trading habits and you can change them if necessary. I also use it to vent out my emotional feelings related to trading. It is sort of therapeutic this way
I find trading to be a good source of extra income but relying on it for my bread and butter, I don't think I have reached there yet. You need to have a special kind of knack for it. But hey never say never!
Fully agree with you. If a person is completely devoted to his pursuit of learning to trade forex then it might take him less time. However the duration taken to learn forex is not carved in stone for everyone and it should not be taken as a measure of someone's success or aptitude. Everyone'e...
Well there are some people who trade exotics and make good money off it. The main thing here is your knowledge and awareness about markets and economy. However, generally speaking most people will tell you to keep away from exotics because of the large spreads and thin liquidity. You'll need to...
Oh that is tricky now isn't it? Keeping calm in every situation is by no means an easy feat As for me I have realized that I tend to win sometimes and sometimes I lose my patience. Guess I have a long way to go before I can achieve that kind of calm.:)
When market makes a sudden movement right out of the blue. I know such things are inevitable in forex but it still gets me. It jolts my trades and me alike. And also people who view forex trading as a quick and foolproof way to get rich. I really get pissed at them