It is about 2 1/2 months that I just added Froex trading as a part of my trading portfolio. It is fun and seems that just candlesticks with using major western trend lines are working well ..Just do not know if it is just me or everybody has the same feeling.
Play it Safe,
Zia
'The speculator's deadly enemies are: Ignorance, Greed, Fear and Hope.'
Reminiscences of a Stock Operator by Edwin Lefevre.
Hope is basically an ego defense - we don-t want to admit that we are wrong on a trade. The ego wants to uphold an ideal version of self that allows for only...
It has often said that trading is not just about managing your financial capital, but also about keeping your emotional and psychological capital intact. The impact of loss control on your trading psychology and how to think about taking small losses before they turn into more damaging...
"Fear blinds us to opportunity; greed blinds us to danger - emotions cause 'perceptual distortion' where we only see the part of the picture that our beliefs allow us to see."
It seems market is not taking care of you. Just remember 95% of the market revolve on the psychological of the trader's mind and market's behavior. This is one of the aspect of the trading which is unfortunately being ignored by traders.
Trading is very simle but not easy!!
Enjoy the free webinar
Macromedia Flash (SWF) Movie Created by Camtasia Studio 2
http://www.interactivebrokers.com/en/general/education/webinars/oic-nov-2005.html