Lesson 1: Tasks before you start operating

In this section we will try to put the minimum conditions so that a novice trader can act as a professional operator and consider the difficulty of this activity. It is not about showing any kind of Holy Grail, but about making the reader see the hard effort that is needed to survive in intraday markets. For us to make an idea in many trading companies make trading average 6 days a month.

There are always sensations that tell you what to do and what not to do. In the market the sensation is the same and in almost all cases you must pay attention to your subconscious that is who you mark whether you should do something or not.

Every day when the traders get up and think about how they get on the market in terms of how they find their selves on that day. Most days the feeling is good and enters the market to find one well.

What is recommended is a little exercise in the morning before starting to operate for that the blood of the body is oxygenated, and the concentration is maximal. Cannot start to try to win to the market those days that we do not have body or head for it, by this even the days when we have not slept well, we are sick, moody, worried, even anxious We Should Not Operate.

Breathing deeply before you begin to look at the market will give us confidence and relaxation so that the traps of the market and the movements that we have in the head are see more clearly.

It is one of the most difficult tasks to say Do Not Operate because I am not too much all right.

This happens because there are many traders who want to learn to run and do not give account that the trading is a race of bottom.

While it is true that every trader in the beginning needs and wants the more hours and operations to correct errors. Know yet another of the absolute rules in trading is that, how much the more you operate the more you lose.

This does not mean that only one trade per month or 45 per day is made. It’s about taking a scale in which we feel comfortable without making us suffer and respecting the management of capital.

There are many people who are looking for 20 pips a day and three other operations, this is very personal, and we will have to study it carefully.

When you are your own trading coach you will have to be tighter with oneself and self-punishment in order not to lose control of the situation.

Logically, the learning of this type of trading is a little slower but more effective for having forged every detail of its operation.

We want to emphasize at this point that there is an almost identical similarity of behaviours of the personal relationships in real life and the behaviours we carry out in the market.

An example It could be punctuality, if one trader arrives always late, he must understand that in the Forex markets he will do same.

We must find a personal situation in which we are relaxed, and we are not impulsive, have the things clear and see the market like any other business.

It must be very clear that the average, to be a profitable trader and is only a half, are 10 years. Therefore, it will have to be kept in mind that the road will not be easy will not be short and in many cases, will suffer the Forex market.

The only good thing that the learning process has is that once we have already advanced, we do not feel anger when we skip the stop or excitement when we win, it will be when the Forex market begins to shake hands.

It is also not logical to think that having had a good streak this will continue forever It is difficult to do but it is absolutely necessary after a good run to leave the trading for having fulfilled the objectives.

Being very ambitious in the Forex market expose themselves to the risk of ruin or at least to the gains obtained with little effort.

FxMAC Forex Managed Accounts Services

Forex managed accountsLesson 1: Tasks before you start operating

Leave a Reply

Your email address will not be published. Required fields are marked *