Tuesday, November 6, 2007

Recap 6/11


6 trades today, 4 winners, 1 looser, 1 BE. 26,5 pips won, account increased by 5,30 %.

6 comments:

Anonymous said...

Hi Constantino, I can't see the trades in your chart. I think this chart is yesterday's chart.

David.

The forexbird said...

no David, it's Tuesday's chart. I don't mark the trades on 5 min, cause I trade on 1min chart.

Michael said...

It’s really great to increase account to such level, but we need to be careful that we don’t do anything silly, as that can make us lose big time, so that why we need to be careful. I am working with OctaFX broker where they have outstanding facilities which includes low spread of 0.2 pips, high leverage up to 1.500 plus smooth trading platform, so that really helps me trade better and helps me grow easily without much trouble at all.

Oyewole Olatunbosun said...

Recognize your failures, and try to accommodate them if they can’t be eliminated completely. Above all, resist the illusion that you somehow possess the alchemist’s stone of trading. Such an attitude will surely be ruinous on your career eventually.

Bosun
FxGlory remains my best broker since 2014.

Oyewole Olatunbosun said...

It is necessary that we choose the account package that is most suited to our expectations and knowledge level. The various types of accounts offered by brokers can be confusing at first, but the general rule is that lower leverage is better. If you have a good understanding of leverage and trading in general, you can be satisfied with a standard account. If you’re a complete beginner, it is a must that you undergo a period of study and practice by the use of a mini account. In general, the lower your risk, the higher your chances, so make your choices in the most conservative way possible, especially at the beginning of your career.

Bosun
FxGlory remains my best broker since 2014.

Oyewole Olatunbosun said...

Greed, excitement, euphoria, panic or fear should have no place in traders’ calculations. Yet traders are human beings, so it is obvious that we have to find a way of living with these emotions, while at the same time controlling them and minimizing their effect on our lives. That is why traders are always advised to begin with small amounts. By reducing our risk, we can be calm enough to realize our long term goals, reducing the impact of emotions on our trading choices. A logical approach, and less emotional intensity are the best forex trading tips necessary to a successful career.

Bosun
FxGlory remains my best broker since 2014.