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DAY 18 - TRADING ADVICE

alifari Posted 18 Dic  in #Trader's blog #Trading #Advice
There is only one reason to trade: to make money. You only need to incorporate things into your trading that makes you money. If you do not have a good filter on what matters and what does not matter trading can become a lot of work for a little reward as you waste time on the things that do not matter.
If real time news or market pundits make you do things outside your trading parameters and actually lose money tune them out. What messes up your profitable trading makes you a weaker trader turn…
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DAY 26 - PRECIOUS TRADING ADVICE

alifari Posted 26 Ott  in #Trader's blog #Trading #Advice
These are some of precious advice from a trader I admire and learned a lot about trading and psychology. Thought I would share it here with my Dukascopy community.
1) Also what a trader should be doing is constantly being inquisitive asking yourself why price had a major turn where it did and whether it was predictable with good probability/accuracy...that's how you develop new ways of trading"
2) We don't trade 'excellent' setups either, we trade setups that give us a positive expectancy, if tr…
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peachynicnic 27 Ott

too much fear bars people from making wise decision

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