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What is your biggest forex trading weakness?

Discussion in 'Forex Discussions' started by virmon, May 14, 2009.

  1. virmon

    virmon New Member

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    Occupation:
    Forex Trader
    Location:
    Virtualmakemoney.com
    Hello all!

    Yes, it is me again with monthly poll! The question this month is "What is your biggest forex trading weakness?"

    Possible answers include:

    a)I lose control over trades.
    b)I struggle with emotions over losses and lost "potential profits".
    c)Indecision is my greatest weakness. I hesitate too much.
    d)I am not focused as much as I should be!
    e)I do not stick to my trading rules and not always apply my trading plan.
    f)I still haven't defined a good money management system.
    g)I believe that I have magical powers and can predict the future.

    If you feel that you have some other weakness (not mentioned above) please share Thank you for your votes. :)
     
  2. Sayen Aylen

    Sayen Aylen New Member

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    oh!!! these are good points, you have almost covered all the points, you know I am a newbie but I think after losing a trader will panic and this could be one of his biggest forex trading weakness.What do you think??
     
  3. lancehibner

    lancehibner New Member

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    My forex weakness are greed, impatience, pride, fear and most important my mood . Fear makes a person more patient and causes extra precaution throughout decision making. However, sometimes fear in forex trading becomes unhealthy. I believe that prediction and practice removes a persons weaknesses.
     
    #3 lancehibner, May 30, 2009
    Last edited by a moderator: May 30, 2009
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