What annoys you most in Forex - Page 2
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  1. #11
    Join Date
    Jan 2015
    Location
    London
    Posts
    16
    technical analysis torn to shreds by economic news - not good

  2. #12
    Join Date
    Mar 2010
    Location
    www.24forexsecrets.com
    Posts
    31
    that's why i don't set stop losses. i sit and watch the trade and using technical analysis, i try to get the best bet where the direction will take a u-turn, once it's abotu 10 pips or so close, i take the money i have won already. so i don't have to deal with this kind of pain.

  3. #13
    Join Date
    Aug 2012
    Location
    Back of Whoop Whoop
    Posts
    1,835
    The simple fact that there is no right and no wrong.

  4. #14
    Join Date
    Jan 2015
    Location
    London
    Posts
    16
    Sit and watch the trade? you must have no hair left haha

  5. #15
    Join Date
    Dec 2014
    Posts
    681
    Quote Originally Posted by beausavage View Post
    technical analysis torn to shreds by economic news - not good
    haha, yes this is also very annoying for a technical trader especially if he is trading on a higher time frame and a good trader of a day or two is wipped of by a bad news report.

  6. #16
    My biggest challenge is not taking trades that turn out to be winners. Lots of times I hold back because there's a big event ahead or because I already have a similar position with another pair.

    Right now I'm working on being more confident in my trade ideas and stepping up my trade management skills. Hopefully I'll get less should-have-been trades over the next few months.

  7. #17
    Join Date
    Oct 2014
    Posts
    2,713
    Thought of a couple more...

    Gurus trying to flog their amazing system - if its as good as they say, why aren't they drinking champagne on their yacht in the Caribbean instead of trying to hook noobies for $20 a month?

    Noobies who's first post is asking others to tell them how to make money because their too lazy to be a###d to learn it themselves
    Last edited by eddieb; 03-05-2015 at 12:16 PM.

  8. #18
    Join Date
    Feb 2013
    Location
    Scotland
    Posts
    5,353
    Waiting...

    I used to trade like a hamster on speed...

    Now I target one or two pairs, always the same ones,

    with a clear bias, and wait, and wait, and wait for the

    right entry after pullbacks in a trend...

    Plenty of false starts, so you can get caught out...

    Better to lose 70 pips out of a possible 200-300 pip

    move, say, than jumping in too early on a false move

    because of impatience.

    But the waiting will be worth it...

  9. #19
    Join Date
    Apr 2014
    Posts
    580
    It is true that patience is a virtue. That is why in Forex we must be patient, wait for the right momment, but dont freeze either.

  10. #20
    Join Date
    Mar 2015
    Posts
    33
    Really loss annoys me most. We all have good expectations of earning from this market but when it didn't work out for us, we seem not to be happy. All I am doing now is trying my best to limit losses while I increase my chances of gaining from this market.

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