What mental do we need ?
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Thread: What mental do we need ?

  1. #1
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    What mental do we need ?

    what mental do we need to be a good trader ?

    many of traders want to be a good traders, and of course, this is the main aim for us that why we came to this business, but many of us forgot for this one thing, we seldom prepare it before with well and just enter and join to this business directly

    then why, many of us got the hard situation and not ready to accept some condition that had dried their mind to think with clearly. some loses in hands and emotion came up easily to drive the mind, and as the results, not the advantages that we got from it, but we just suffered with loses in hands, frustration and let the emotion drove the mind,

    this is a dilemma for them, but this is the facts,
    and so now, what the thing we need to prepare for this condition, what mental have we prepared for this business ?

    forex is a business, we came to this business for making good career, so we have to think as the businessman too, where good mental is very required

    and the next question is, what mental is good for business ?

    the businessman will face some condition in the field. some are good and some are bad, but they understand that is not easy to change the condition from bad to good or they have to control it with well,

    they have to have good mind and mental for this, never let the emotion play the role to disturb their plan
    there are some points that have to had by them

    1. never think that a bad condition will always give bad results, and even think that it is the step for them to get a better level for next step
    2. get ready to accept all the results with gracefully and even for the worst one, so they can rise to complete them
    3. always take all the steps and results as their full responsibility, and never blame them to the others
    4. never give up for some condition because they knew that they have not yet used their best performance for doing business
    5. always think with realistic, and consider to take the target as easy as they can and then repeat it
    6. have a good mindset and always think to develop themselves, and it is a must
    7. always play with good rules,never take the risk when they have not yet ready for it but they always think for how to get more ( not greed )

    some items above is good for us and maybe it is useful to open our eyes and mind and think about them,
    because we came to this place for making business,

    please dear members, add for some items to complete them and hope that it will become a good motivation for all of us
    thank you very much

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  2. #2
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    Quote Originally Posted by samprazaan View Post
    1. never think that a bad condition will always give bad results, and even think that it is the step for them to get a better level for next step
    yes, for this condition, sometimes traders can not control the emotion with well when the order run with floating minus bigger and bigger, but we have analyzed before that market will follow the analysis, so we have to wait for it, take a decision if necessary and never let the emotion in there, means, we can wait for the price move back again till it follow our analysis, or if we have analyzed again with well that the price will against for longer so better to cut loss or stop loss,

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  3. #3
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    Traders need to be mentally strong and stable when they are trading and also when they face losses. Whenever we trade I insist that safety is first,we don't want to loose our money fast so we need to trade on safety trends,but if we are really ready to make a big trade in risky trend we will try and can win good profit.

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  4. #4
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    Conditions at which trading is being done is part of what traders should know, there are not much traders who do not know how to do in trading, it is by choice and habits that many do not follow good ways of conditions in trading. Good reasoning, mindset and hoping for traders can be a clue to success they want in trading.

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  5. #5
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    Quote Originally Posted by silverlady View Post
    Conditions at which trading is being done is part of what traders should know, there are not much traders who do not know how to do in trading, it is by choice and habits that many do not follow good ways of conditions in trading. Good reasoning, mindset and hoping for traders can be a clue to success they want in trading.
    Its because of bad habits most of trader's not able to do a good and better trading in forex. Only a few trader's are successful in this business. I think a trader need good trading approach, a good trading system, a good trading mindset. And we should hope for first all the time because happiness is the key of success

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  6. #6
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    Quote Originally Posted by Khimi234 View Post
    Its because of bad habits most of trader's not able to do a good and better trading in forex. Only a few trader's are successful in this business. I think a trader need good trading approach, a good trading system, a good trading mindset. And we should hope for first all the time because happiness is the key of success
    bad habit, it comes up when the traders let the a little mistake grow bigger and bigger and they have not good attention to fix them, and so why at one time it becomes a serious problem for trader to grow up and feel hard to solve it,
    for this case, it is better for us to make clear our ways from it with good attention and always open mind

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  7. #7
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    Quote Originally Posted by silverlady View Post
    Conditions at which trading is being done is part of what traders should know, there are not much traders who do not know how to do in trading, it is by choice and habits that many do not follow good ways of conditions in trading. Good reasoning, mindset and hoping for traders can be a clue to success they want in trading.
    Most people who are new to forex will surely think to immediately obtain a large profit and income from forex, then no less than those who directly use a real account with its own capital and large without learning first protested account all disappeared as a result of capital

    so to be able to profit is actually not a difficult thing, but also easy as long as we are patient and tried to run through every process and stages well and seriously i think someday we will be able to generate profit.

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  8. #8
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    Quote Originally Posted by silverlady View Post
    Conditions at which trading is being done is part of what traders should know, there are not much traders who do not know how to do in trading, it is by choice and habits that many do not follow good ways of conditions in trading. Good reasoning, mindset and hoping for traders can be a clue to success they want in trading.
    [lang=id]so good for traders to have good mindset from the beginning and keep it stable during on this business, good mindset will build a strong mental because they have already understood for what the thing will happen and need to be accepted by them, and at the other side, the traders will always try to increase the ability to manage the business with well[/lang]

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  9. #9
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    Quote Originally Posted by samprazaan View Post
    [lang=id]so good for traders to have good mindset from the beginning and keep it stable during on this business, good mindset will build a strong mental because they have already understood for what the thing will happen and need to be accepted by them, and at the other side, the traders will always try to increase the ability to manage the business with well[/lang]
    Well our good confidence and a good positive thinking can give us a mindset to learn in this business. Otherwise we can become frustrated and can leave this business after bad situation. A good mindset can build our mentality of trading and we can control our trading psychology well too. By learning regularly we can increase the ability of managing this business

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  10. #10
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    [lang=ar]reasonable trading is the must . we think well . learn well . analyse well decide well and finally we `ll trade well . so the mental work depend of course on the experience found within our history of life and of course we have to try all the better ways for the trading to settle finally with the best one to use .[/lang]

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