Your psychology improves tenfold once you discover the holy grail. About a year ago, I was a street urchin freaking the F out. But I don't trade the marketplace myself much these days. I have servants. Not only that, but my servants have servants to trade the marketplace.
1. Plan the trade, and trade the plan. 2. If you fail to plan, you plan to fail. 3. When in doubt, get out. 4. Don't trade on hope. 5. It was always the sitting that made me the most money (Jesse Livermore) 6. If it ain't going up, it's going down. 7. Conversely, if it ain't going down, it's going up. 8. Only lose on your best trades
It is not enough to have a good trading strategy, it is also important to have the discipline to follow all its rules and conditions for finding market entries. Do not try to make up for your losing trade here and now - this will most likely lead to even greater losses. Avoid overtrading, which ultimately leads to rapid fatigue and, accordingly, to mistakes and losses. Choose a reliable broker for trading with a long period of work in the market, favorable trading conditions and timely withdrawal of profits, such as fxopen.
Hello shine, I will starve and not put food in my belly and eventually get sick and lose a lot weight trading this way. I do not like starving and always hungry.