Written by OhYeah
Hi to all traders, my name is Jez a 26 year old trader with 3 years experience in Forex market. I graduated college here in the Philippines with a Degree of B.S. Accountancy. For me the money market is part of a growing business and a very good Marketable Equity Securities. In my 3 years of experience I have used the tools for analyzing the market, I use them simultaneously, but they have contrasting results and opposite opinions, so then I decided to study them and choose the indicators which are successful. But this indicators are still committing mistakes. Figuring out charts, the charts are composed with numbers with relevance, how do they move? how did they last? when it will last? How far it could go? What should and how much I will risk?
I figured out that forex could end to a formula just like A=L+C but still it has some risks, but minimizing it. But even though most of traders really know the market, they know how to use indicators, they knowing the signs and signals, but still failed why? Because traders are human, the trades affects their emotion and going to an unplanned trade, keeping adding to their stop and keep opening positions to a loosing trade. So for me the most important thing to trading is sticking with your plans, be patient, don’t get trades with your itchy hands, it will end to your stop loss. And last a good money management and good backup plan. If the trade is against me I’m always thinking to cut the losses and accept defeat because I CARE FOR MY EQUITY I DON’T CARE FOR STATISTICS OF 100% TRADES RESULT TO PROFIT.
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What formula did you come up with?
nice story you have here... but in real life - stop spamming other peoples profiles!!!