Hi I am Sean and I am happy to be part of the forex trading community. My goal for joining is to learn how to trade forex and how to avoid risk as much as possible.
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Welcome, and good luck on your journey 
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1% of your capital per trade. Set yourself a daily risk target, and follow it. Never more than two correlated trades at any one time. Don’t overtrade, revenge trade, or gamble. Cut losing trades quick, and let winning trades run.
best of luck.
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Thanks man
I definitely need to work on that for sure. It is really hard for me to cut loss lol.
Most traders follow this emotional pattern, by nursing a losing trade in the hope they’ll prove the market was wrong and they were right. Humans hate to lose and hate to be proven wrong. Hence they revenge trade, overtrade, and gamble in an attempt to prove they were right, not the market.
How I look at it is as follows: I now have a mindset where I expect ever trade I make to be a loser until the market proves me wrong.
This is a psychological solution, because I feel pain every time I enter a trade, not after it hits my S/L. In which case, I’m not going to nurse a loser and I take great pleasure in cutting it because I was right all along - which is my mindset - and use the savings to fund a better one. In the event it turns out to be a winner, the market has proven me wrong - so that’s my consolation - a big fat profit.