Challenges as a Forex Trader

Discussion in 'Forex' started by PriceAction Ltd, Dec 14, 2020.

  1. tedmos38

    tedmos38

    Impatience, irritation, losses, headaches etc :sneaky::D:D:D
     
    #51     May 7, 2021
  2. kroxobor

    kroxobor

    I think overcoming our own biases. For example it often happens that random streak of profitable trades coming after you started to apply some "system" inevitably makes you think that you found right method for trading. If it fails later you start to think that it needs to be fixed not that it doesn't work at all because it's hard to challenge assumption that it works (as it came from your positive experience). This is how our brain works. Many years people with this bias just trying some useless stuff.
     
    #52     May 10, 2021
  3. Marvini

    Marvini

    If any difficulties arise, stop and remember what needs to be done in order to be able to solve them easily and quickly
     
    #53     May 11, 2021
  4. Joeyadi

    Joeyadi

    The most important thing is to learn how to overcome all problems and make a positive moment out of it.
     
    #54     May 11, 2021
  5. kroxobor

    kroxobor

    The biggest hurdle for a small investor is time, he has to manage time for his work, family, personal and then trading also, which requires quite a lot of time.
     
    #55     May 16, 2021
  6. Consistency is the biggest challenge in forex trading.
     
    #56     May 18, 2021
  7. kroxobor

    kroxobor

    The biggest challenge is finding right trading approach which is based on sound logic rules, avoids using technical analysis BS and also have strict risk control parameters.
     
    #57     May 19, 2021
  8. easymon1

    easymon1

    [QUOTE="kroxobor, post: 5387745, member: 519836"risk control parameters.[/QUOTE]
    hell yeah 79.jpg
     
    #58     May 19, 2021
  9. Cesiuko

    Cesiuko

    All problems can always be solved and drawn from them, and a conclusion that will eventually be useful to you in the future.
     
    #59     May 21, 2021
  10. Emotions are the primary thing that prevents a trader from achieving a result.
     
    #60     May 21, 2021