The power of CONFIDENCE in Forex Trading

[miles]

Well, sometimes it happens, we lose our confidence when we open up a position. We think it might cause a loss to our capital and we close it ourselves. Let us take an example on a demo account. Imagine, your demo account balance as a real one and open up a position. Now, what did you think before opening the position?

Off course, everyone opens up a position with a view to win the battle against the market, but still market remains up with vistory.

So, let'us back to the topic, whatever you would have thought of before opening a trade, but always remember calculate your losses first. If you are able to calculate your losses confidently, you will be able to keep running your trade confidently.

Only you can boost up your CONFIDENT, no one can do it for you.

There are many and many factors involved in opening a trade, but most important are related to knowledge, experience and PSYCHOLOGICAL.

Hope so, you must keep an over this important factor too when opening up your trade.

New lines on (Psychological warfare in me) will be out soon

From the original desk of miles ...

[miles]

I have posted it in a wrong section, how to remove it or move it to Aaam forex ki guftugu?
Anyone help please,

Kidnly is post per reply na kren, yeh gahalt section may post hogai hay mujh say!

[kashif411]

You need plenty of confidence in trading since all of it can be shattered in a moment. When are new to this field, you must practice on building patience and working with confidence as well. So that when real market comes into play, your confidence must not be a hurdle in your path of success.

[Toxic]

I have posted it in a wrong section, how to remove it or move it to Aaam forex ki guftugu?
Anyone help please,

Kidnly is post per reply na kren, yeh gahalt section may post hogai hay mujh say!

Moved to appropriate section :)

[Forex1]

Nice information. Confidence is very important in forex. There is no scope of fear in forex. We have a strong confident to become a good trader. Thanks for the nice post to share. Regards.

["786"]

yes dear i think that you are saying very very true and i think that forex trading is the best earning source for all and we all should join forex trading so that we all can be a good and successful trader and can earn more and more from forex

[miles]

Thank you Sir (Toxic), now it is fine and moved to this appropriate section.

[kaleem]

Well, sometimes it happens, we lose our confidence when we open up a position. We think it might cause a loss to our capital and we close it ourselves. Let us take an example on a demo account. Imagine, your demo account balance as a real one and open up a position. Now, what did you think before opening the position?

Off course, everyone opens up a position with a view to win the battle against the market, but still market remains up with vistory.

So, let'us back to the topic, whatever you would have thought of before opening a trade, but always remember calculate your losses first. If you are able to calculate your losses confidently, you will be able to keep running your trade confidently.

Only you can boost up your CONFIDENT, no one can do it for you.

There are many and many factors involved in opening a trade, but most important are related to knowledge, experience and PSYCHOLOGICAL.

Hope so, you must keep an over this important factor too when opening up your trade.

New lines on (Psychological warfare in me) will be out soon

From the original desk of miles ...

dear baz okat jab b kisi ko loss hota hai or agar us mai self cofidence nai hai to wo banda scared ho jata hai , 1 acha trder ya phir yun kahen k 1 acha businessman k liye ye bat bohot important hai k us mai 1 to power of elasticity honi chahye or sath hi sath power of self confidence b honi chahye

[N79]

jess k hum sabhi jaanty hain.forex ik challenging business hai.is main koi bhi trade open karty hain to is main risk hoota hai.is liey successful trading k liey confidence boohat zaroori hoota hai.

[sandhu]

aik acha trader to hamesha say he ye quality rakhta hay kay usay forex main marekt kay bray main cofidence ho kay market ab kidhar move kray gi aur kahan tak move keray wo kisi bhe dabao main nahe rahta aur sahi fori faisla kerta hay