What would you do differently today for better trading results? - Page 23

View Poll Results: Did you learn anything recently for better trading results?

Voters
27. You may not vote on this poll
  • Yes

    23 85.19%
  • No

    2 7.41%
  • Not Sure

    2 7.41%
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Results 221 to 230 of 265
  1. #221
    Join Date
    May 2016
    Posts
    685
    Do you know when not to trade?

    Watch this video.

    KP

    https://www.youtube.com/watch?v=X-OKURJfUsE

  2. #222
    Join Date
    Dec 2015
    Posts
    401
    I avoid trading whenever I think the volatility on the market is too high or too low for my strategy, especially during high impact news events and on Friday evening.

  3. #223
    Join Date
    May 2016
    Posts
    685
    Quote Originally Posted by dianajs View Post
    I avoid trading whenever I think the volatility on the market is too high or too low for my strategy, especially during high impact news events and on Friday evening.
    I'm with you on this mate. Playing it safe is key.

    Trade safe and prosper.

  4. #224
    Join Date
    Dec 2015
    Posts
    401
    Today I once again made the mistake of closing a position too early. I still profited, but if I had been patient I could have profited more. Patience is one of the keys to good trading.

  5. #225
    Join Date
    May 2016
    Posts
    685
    True, so also is the wisdom of taking profit before it turns to a loss. While the fear of losing money makes us take profit too soon, greed for more (disguised as patience) may make us loose what's on the table. Having a trade plan and executing the trade plan is a major step to solving the conundrum. Trade safe and prosper.

    Quote Originally Posted by dianajs View Post
    Today I once again made the mistake of closing a position too early. I still profited, but if I had been patient I could have profited more. Patience is one of the keys to good trading.

  6. #226
    Join Date
    May 2016
    Posts
    685
    What would you do differently this weekend to improve your trading?

  7. #227
    Join Date
    Apr 2017
    Posts
    12
    in my opinion forex is a constant learning curve. the moment you stop looking for things that can improve your trades, is the moment you begin on the losing path.


    the most important part of my trading game that i am constantly learning more on is the mental part.

    e.g

    i have not had a trade today but this is entry forming ticks some of my boxes so i will just get in and hope for the best. That has been a killer for me that i have within the last 2 weeks really made an active effort to stop.

    i get less trades but still meeting my targets + not losing as much so i don't need to trade more to cover losses.

    Has taken a lot of stress out of trading for me.


    Another is...entered into the trade, it went against me for a while, now i am a few pips up, better move Stop to breakeven. Price hits my stop and then continues in my favour to of hit my TP if i had kept the trade on.

    All mental aspects. It is kind of crazy but so exciting and interesting all the mental challenges you have to overcome and you can not be in denial and blame others with forex.

    It is a real ego check.

  8. #228
    Join Date
    Dec 2015
    Posts
    401
    Quote Originally Posted by TrapTheMarket View Post
    What would you do differently this weekend to improve your trading?
    This weekend was Easter, so I admit that I focused little on my trading and spend it with my family instead. Next weekend I'll probably go back to analyzing my trades during the week.
    Last edited by dianajs; 04-17-2017 at 11:53 AM.

  9. #229
    Join Date
    May 2016
    Posts
    685
    Quote Originally Posted by TrapTheMarket View Post
    What would you do differently this weekend to improve your trading?
    During the weekend, I decided to trim down my Forex and Forum feeds because they were bringing me a lot of noise and distractions. So I felt the need to trim them down so that I can have some sanity and keep myself well-focused.

    Trade safe and prosper.

  10. #230
    Join Date
    May 2016
    Posts
    685
    Very much true; a key reason for this thread.

    Quote Originally Posted by StavFX View Post
    in my opinion forex is a constant learning curve. the moment you stop looking for things that can improve your trades, is the moment you begin on the losing path....

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