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OVERCOMING GREED AND FEAR? Don’t do it!!!

Discussion in 'Trading Strategies & Systems' started by forexbandade, Oct 24, 2008.

  1. forexbandade

    forexbandade New Member

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    Many FOREX Experts will tell you to control your emotion, greed, and fear. We don’t say that that is not working. It’s just difficult to follow, for us. When we see profit, our itchy hand will try to persuade us to cancel the taking profit line, or also when the price moves toward the stop loss point, we become afraid and will not think clearly to take action. The result is, “you don’t get what you want.”

    It is very simple actually. Place the Taking Profit and Stop Loss point and close the program. Check it once a day only and play golf or just enjoy yourselves.

    Don’t trade when you are not in a good condition. When you are tired, you can’t think clearly. Just trade whenever you feel good. It’s really important!
    The most important thing is, “Don’t trade to achieve a certain target.” It’s not that we are trying to convince that you don’t need to set a target. Just don’t chase your target so hard that you will be very disappointed or even punish yourselves when the target is not achieved.

    You can chase the target you have set earlier, but your world is not going to an end if you don’t get the target. Everyone won’t care about your losses.
    Just treat your target as a game that you need to win. Enjoy it. Have fun with it. As long as the number of wins is more than the number of losses, don’t worry if you do not meet your target that you have set earlier.

    P.S. Check this out!!!
    http://www.forexbandade.com
    TOTAL SOLUTION FOR FOREX SICKNESS
     
    #1 forexbandade, Oct 24, 2008
    Last edited: Oct 24, 2008
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