Tuesday, May 31, 2016

The combination of success factors trader


Based on my experience, real success in forex is not measured by how much profit you earn every day, but how much you can endure. To determine continued success, a forex trader must have four key factors as the principles that must be held:

1. Science and Technique of the right
2. Money management
3. emotions
4. Discipline
The combination of all these factors will make you a trader prudence, integrity and excellence.

Science and Engineering ~ Without proper knowledge is like walking down a dark alley at night. There are no guidelines and ultimately guide you stranded somewhere.

Money Management ~ Cool: even if your knowledge if you are trading without complying with the correct lot size and limit the ability of your equity you've definitely lost.

Emotions ~ is something terrible. It has to do with our ability to control appetite. This is the biggest jihad within ourselves. That is why the Lord requires that we fast semata2 to train ourselves to control emotions, greed, desire, intolerant and so on.

~ Discipline is an important asset that needs to be there in person. Disciplines related to principles, positive attitude, determination and identity of a person. If you're a positive thinking you will consider failure as a lesson for us to learn from mistakes.

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