that's actually what is called discipline to always keep away from being greedy and always feel less with the results we have got, but for so too difficult for beginner traders.
right. it's very difficult to implement it. I'm also still having difficulty maintaining profits
The purpose of trading is to produce consistent profits over a period of time. For example in a month can be 5% profit, or 2 months can be 10% profit etc. Not a lot of profit immediately, if this one is called gambling.As has been proven, gambling cannot produce consistent profit. In fact, the end result is loss. Unless you win a lot, you continue to stop playing gambling.A consistent percentage of profit in trading has actually been reflected in the results of the backtest or forward test that has been done on the trading system before being used on a real account. So just run with discipline.Trading systems are said to be profitable if the profit percentage is above 50%. For example, you have traded 100 times on the same pair, the same time frame, with the same method, strategy and money management (the amount of risk and risk / reward ratio). Say you can profit 65 times (loss 35 times), meaning the percentage of your profit = 65%.If for example you make 80 trades and you profit 55 times (loss 25 times), that means your profit percentage = (55/80) x 100% = 68.75%, also above 50%. But if you profit 32 times (loss 48 times), that means your profit percentage = (32/80) x 100% = 40%, meaning below 50%.
Consistent profit is limited profit in order to prevent loss and may minimize the loss rate again. Very useful for increasing the balance in our account.
yes I agree, trading psychology by using large capital may be somewhat different from psychology trading with little capital. But at least we can learn first from small capital. If we have been able to profit consistently by using small capital, then we can find investors by opening forex copy.
well, that is the process where traders start up the advanced stages of a trader who has been consistently profit in the forex market, at this stage traders will usually prefer to be quiet and focus on being able to stay consistent in their achievement
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