Jump to content

Take a rest after winning one trade.


Recommended Posts

Definitely, you are correct. We ought to work in forex with persistence. We shouldn't accept choices rapidly in the wake of winning one exchange. We ought to take some rest we ought to assess our past exchange actions and ought to search for the positive and negative of past exchanges and ought to attempt to not recurrent the errors in future which we made in the past exchange. So be cautious and take each choice after a cautious examination of the market and take no choice in a hurry.

Link to comment
Share on other sites

1 hour ago, papia09 said:

Definitely, you are correct. We ought to work in forex with persistence. We shouldn't accept choices rapidly in the wake of winning one exchange. We ought to take some rest we ought to assess our past exchange actions and ought to search for the positive and negative of past exchanges and ought to attempt to not recurrent the errors in future which we made in the past exchange. So be cautious and take each choice after a cautious examination of the market and take no choice in a hurry.

We must never forget this fact that in the business of Forex trading planning is very important for us.

Link to comment
Share on other sites

  • 3 weeks later...
On 6/17/2022 at 8:16 AM, maspluto said:

the trading plan must be able to be considered properly, this is done so that traders can be more leverage in getting maximum trading security and comfort like what I got from tickmill.

We must make use of such kind of trading plan that is more efficient and easy to understand.

Link to comment
Share on other sites

  • 1 month later...
  • 2 weeks later...
On 6/18/2022 at 1:15 PM, Resolve said:

We must make use of such kind of trading plan that is more efficient and easy to understand.

This is true, with a smart plan, you’ll have guidance on which market to trade, when to take profits, when to cut your losses, and where other opportunities could exist.

Link to comment
Share on other sites

  • 2 years later...

Taking a break after a winning trade helps maintain emotional balance and prevents overconfidence. It allows you to reflect on your strategy, avoid impulsive decisions, and recharge mentally. This pause fosters discipline, ensuring that you stay focused and ready for future trades without the influence of recent success.

Link to comment
Share on other sites

Taking a break after a winning trade is crucial for maintaining emotional balance. It helps prevent overconfidence and impulsive decisions in subsequent trades. A brief pause allows traders to reflect on their strategy, assess market conditions, and return with a clearer mindset, ultimately enhancing long-term trading performance.

Link to comment
Share on other sites

Traders can create trading plans for more planned trading, trading plans help traders manage trading risks, including for example taking a break after getting today's profit. The market is not always the same, with taking a break to give you peace of mind before trying another day.

Link to comment
Share on other sites

  • 2 weeks later...

Traders who have been involved in forex trading must have known that forex trading is indeed a very high-risk business. That is why it is important to pay attention to what is called good fund and risk management, this is done so that later you can trade forex comfortably and safely.

Link to comment
Share on other sites

Indeed, forex trading requires a daily plan, apart from being disciplined with a trading strategy and system, making a clear trading plan can prevent over trading, when the target has been met it is better to rest and wait for the next day's opportunities.

Link to comment
Share on other sites

The ability to analyze is very important for our success in forex. That is why the ability to analyze must be developed. Because with the development of the ability to analyze, it will make it easier for traders to analyze the market and of course get benefits from the Tickmill broker.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • 👍 Join TopGold.Forum Now

    The Most Welcoming & Trustworthy Earning Online Community

    Join over 25,000 members and 700 businesses on their journey to strike GOLD. 💰🍾👍

    👩 Want to make money online? 
    💼 Represent a company? 

⤴️-Paid Ad- TGF approve this banner. Add your banner here.🔥

×
×
  • Create New...