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Don't Look For Perfection In Trading !!

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Deplu

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many traders are looking for trading perfection in the sense of trading without no loss, resulting in traders like mutually changing systems and technical analysis.
- if we are afraid of loss then do not hope for profit.
- if you are afraid of losing, increase your capital and trade using small lots
- if you are afraid of losing then limit the risk with good money management (4-10%)
So don't look for the perfect one, because absolute perfection belongs to God, but perfect the existing technique (master)



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#1 - September 12, 2022, 01:09:04 PM

Dana D

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Quote from: Deplu on September 12, 2022, 01:09:04 PM
many traders are looking for trading perfection in the sense of trading without no loss, resulting in traders like mutually changing systems and technical analysis.
We must always think that the trading we are looking for is profit not perfection, so ignore perfection
#2 - September 14, 2022, 09:53:59 AM
« Last Edit: September 14, 2022, 09:53:35 PM by Mikser »

fadillaangga233

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If you think that you will profit continuously without experiencing loss then that is the wrong way of thinking
#3 - October 26, 2022, 05:38:49 AM

Indika

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Because trading will never be perfect
#4 - November 15, 2022, 08:08:07 AM

Timah Panas

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The important thing is to look for good results in the end
#5 - November 17, 2022, 04:34:16 AM

fadillaangga233

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in any case in my opinion nothing will be 100% perfect. And trading is also the same, therefore if we seek perfection then we are headed for failure
#6 - December 06, 2022, 01:30:18 PM

Kardel Sharpeye

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Perfection in trading is an unattainable goal, and traders should not strive for it. Instead, they should focus on developing a solid trading plan, managing risk, and maintaining discipline. Trading involves risk, and losses are inevitable. Traders should learn from their mistakes, adjust their strategies, and move forward. Avoiding emotional trading decisions and maintaining a level head during market volatility is crucial. Perfectionism can lead to missed opportunities and excessive risk-taking, leading to losses. Successful traders recognize that trading is a journey of continuous improvement, and every trade is an opportunity to learn and grow.
#7 - March 02, 2023, 12:38:51 PM

kuhaku

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Someone who seeks perfection in trading usually does not want to cut losses and of course this is very dangerous for his trading account
#8 - March 14, 2023, 01:10:22 AM

Kardel Sharpeye

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In forex trading, it is essential to understand that perfection is an elusive goal. No trader can consistently predict market movements with 100% accuracy. Instead of seeking perfection, focus on developing a robust trading strategy, managing risk effectively, and maintaining discipline. Accept that losses are a part of the trading process and learn from them. Embrace continuous learning, adaptability, and the ability to adjust your approach based on market conditions. By letting go of the pursuit of perfection, you can approach trading with a realistic mindset and increase your chances of long-term success in the forex industry.
#9 - June 01, 2023, 11:00:17 PM
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