What can I say? The chart speaks loud and clear. A perfect suicide method is to trade a non-trading market. And trying to get back the lost pips, revenge trading. Just impulsions, not reasoning at all. How to kill the gambler inside me?
1 comment:
Amir
said...
It’s not easy to kill that monster, I believe that the only way to kill the gambler is by restrictions that we can put by our self with strict money management, I am able to do it straight forward with OctaFX broker’s mighty 50% bonus on deposit, it’s a solid amount that can be used in whatever way I wish to and that too without having to face up much trouble due to this been completely use able, it helps a lot to bring control.
"When i trade at home, I often watch the sparrows in my garden. When I feed them bread, they take just a little piece at a time and fly away.They keep on flying back and forth, taking small bits of bread. You will never be able to shoot a sparrow, it is just too fast. That is the way I day trade". M. Weinstein.
"Μηδείς αγεωμέτρητος εισίτω μοι την θύραν". Plato
"Toute lucidité est la conscience d'une perte". E. Cioran
There is nothing to sell on this blog. No signals, no "systems" for sale. Just my trading plan and the recording of my trades on eur/usd and the fx euro future recently. And the books, the music, the films I like.
The Forexbird is a professional currency trader. He is also photographer and engineer, a maths and music addict and curious about everything.
I got a few pips and then I left monitors to take care of my daughters. When I came back, price was 70 pips down...
Risk Disclosure
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The author is not liable for any loss or damage which may arise directly or indirectly from the content of this website.
1 comment:
It’s not easy to kill that monster, I believe that the only way to kill the gambler is by restrictions that we can put by our self with strict money management, I am able to do it straight forward with OctaFX broker’s mighty 50% bonus on deposit, it’s a solid amount that can be used in whatever way I wish to and that too without having to face up much trouble due to this been completely use able, it helps a lot to bring control.
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