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Trading Forex with Self-Confidence

This is a discussion on Trading Forex with Self-Confidence within the Forex Beginners forums, part of the Forex University category; A self-confident trader is that one who relies on the chosen strategy giving reasonable chances to get benefit out of ...


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  #11  
Old 08-25-09, 01:07 PM
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Default Self-confident trader

A self-confident trader is that one who relies on the chosen strategy giving reasonable chances to get benefit out of a certain probability.
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  #12  
Old 09-11-09, 12:23 AM
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quite right, confidence is built through success
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  #13  
Old 09-11-09, 03:14 AM
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i agree because trading with no self confident not won in trading forex.
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  #14  
Old 09-11-09, 12:47 PM
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Default Confidence in Trading

Professional Forex traders consider each new transaction as a brand new deal forgetting previous results. That is what you are also recommended to do. A separate deal is nothing to be worried about. You will have a chance to have a look at it later on when you estimate your trading diary.
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  #15  
Old 11-23-09, 01:08 PM
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What is your first step in Forex Trading. Here is some tips that can guides you if you're really serious in this field:

Tip 1-The value of basic Forex education
Tip 2-Attend trading courses
Tip 3-Create your own profitable Forex Trading system
Tip 4-Apply Forex Trading strategies
Tip 5-Trade Forex in its best hours
Tip 6-Use Forex Trading Software A Must
Tip 7-Stay safe - use common sense!

If you guys have another tip or strategies please share with us here.

Regards!)))
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  #16  
Old 01-07-10, 01:43 PM
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That´s true, discipline is key in fx trading. You need to find a good trading strategy and never risk more than 2% per trade, money management is also very important. Till you haven’t really defined you strategy you shouldn’t take risks, since at the end you’ll end up losing
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