- BLOCK
- NO ANSWER
- REQUESTS $
- THIEF?
- SCAM?
- TRADER?
- SCAM?
- WHAT TO DO?
- DOES NOT OUTPUT
- DOCUMENTATION
- DECEPTION
- FICTITIOUS
- ANALYST
- SCAMMER
- COMPLAINT
- CHECK
How not to lose a deposit on Forex and why do many beginners merge in the very first days without having time to understand anything and then stubbornly repeat that Forex is a scam?
Consider the most gross, but very simple mistakes of all novice traders.
Why simple?
Yes, because it is absolutely not difficult to fulfill them, but still, almost all beginners neglect the rules and find themselves a witness to an already drained deposit.
- If you always set a stop loss when opening a transaction, then it will become much more difficult to drain the deposit.
- If you trade for some strategies and comply with its trading rules, then it will be even more difficult to drain the deposit.
- If, at the same time, you also take a risk per trade - the ratio of stop loss to take profit is at least 1 to 2 or even more, 1 to 3 or even 4, then draining the deposit will be so painful that many will begin to overcome the thought that: "Crap! It really works!”
- You don’t need to do any other things while trading: there’s a TV right there, a child is crawling, etc. It won’t work, all this is distracting, if you trade, then there should be nothing but a chart and related tools at all.
Nothing else to think about at all!
Even a cup of coffee can take you somewhere far away from reality and you will miss the right moment to enter or gape and miss the exit.
Music is also not always in time, more often it only takes you somewhere to the side, so you can’t concentrate on immersing yourself in the moment.
Therefore, it is strictly forbidden for beginners to engage in some extraneous nonsense that can only distract, not help.
This is already a professional - he can go and have a cup of coffee and turn on the music, since he is already quite experienced and can control himself, which means he knows and already understands what he is doing at the moment.
He already has a trading day scheduled, and a beginner is only in the clouds and dreams of millions.
As you understand, everything lies in psychology, it is she who probably plays the most important part of all trading, everything else is secondary.
The broker does not allow you to earn money, the strategy does not work - these are all cockroaches in your head, the main mistake lies in the behavior of the trader. How he thinks, how he analyzes the market and his transactions.