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Don't let fear and greed destroy your trading.


Don't let fear and greed destroy your trading. 
When you take a trade, set your targets and go away. 
Plan. Execute. Repeat.

The failure rate is high among traders not because the game is rigged or because they aren't capable of success.
The failure rate is high because traders grossly underestimate the amount of time needed to develop their mastery.

Trading is not rocket science.
The hard part is controlling fear, greed and managing risk and execution.
90% of traders fail on that.

Psychology fact: 
Eliminate fear to increase your trading success.
- Reduce your risk
- Back test your system
Once you become fearless, trading becomes limitless.

Fear of missing out disappears.
When you start believing in probabilities.
The best trader in the world loses more than the trader who is afraid of failure.

Stop trying to triple your account in 1 month.
Start aiming for consistent profits for 5-10 years.

#TWTR #WAF

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Comments

  1. cwgmarkets.co.uk11 July 2022 at 22:40

    I found one successful example of this truth through this blog. I am going to use such information now. Forex Cfd Trading

    ReplyDelete
  2. CWG Markets11 July 2022 at 22:48

    I found one successful example of this truth through this blog. I am going to use such information now. MT4 Trading Platform

    ReplyDelete

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