10 years of foreign exchange trading experience (Part two)
Try the bull knife: continue to say that I made a little money at the dealer's side, really feel like I don't want to do business anymore, but I can't give up my work on this. (the basis for survival) but I read books all day to study the trade, and study why most of my clients are losing money. Only a few people make money. I feel like myself as a whole, So secretly opened a small $100 account on other platforms( This article is from: www.waihuibang.com )The account will soon come down and I can trade. I remember very clearly at that time, I didn't have the tension, worry and other psychology that most people said about the first time. I'm very comfortable entering the list. Because I've summed up for so long, I can see the craziness of most people taking advantage of the platform. Most of the people I know make small losses in this market. If you make more than 10 dollars in one hand, you can run. The loss is a constant death resistance. The profit to loss ratio is too inappropriate.
So I have a heart preparation for this. The list is held when it comes into play. The market went very well. I was 100 dollars, 0.1 hands into Europe and America. I walked 103 points that day in my direction. I made 103 dollars a day and doubled my account in a day. I am excited and happy. I think I found the Holy Grail in this market. I believe I will break the 2,8 laws. The list as always smooth, after price callback continue to enter more than one, the market followed my direction more than 90 points, I immediately closed the position. The account is $100 to $300, two days. Next I increased the chip, started 0.15 hands to enter the field, or so smooth, the list is basically profit appearance. For a week in a row, my account funds have been paid more than $580 from the beginning of $100. I'm excited and I'm in a hurry. I hope I'll pay the account as soon as possible to $1000. In case of emergency, I place orders more frequently. Sometimes the market will enter the market when the Asian market has not much fluctuation, waiting for the trend of European market in the afternoon. We know that the probability of frequent single error will increase, but for a novice, especially for those who haven't missed a single single for a week in a row, how terrible the mistake is, that is, not to admit defeat, to admit to lose even if they are wrong. It's just adding code. I'm sorry when I was wrong once, because the account was opened overnight.
As a former trader employee, I think it's just different perspectives. Most dealers have background, and can see the following customer's order making. But traders are more developing customers than doing deals. So it's hard to learn from traders if you learn trading experience. I think a lot of dealers are shouting lists. In fact, it is a mistake. The first regulatory side is not allowed to do so, and the second is for gambling platforms. Shouting is good for customers and not for dealers. Third: if the dealer trades so badly, it is better to raise money to do the transaction. Fourth: many customers believe in the dealer's shouting list, which is just a tool for its agents as a marketing tool, so the following customers still don't believe it is good.
Continuous explosion: the account opened on August 1, 2007, has been opened for less than half a month, and it is very smooth. The Kung Fu account in the evening has become negative from the $580 account. This makes me realize the weakness of human nature, greed and fear, and I want to make big money when I earn. Keep adding code. When the wrong time is short and unwilling to admit defeat, the little self-esteem of human beings turns money into a number. Once a person makes a mistake, he is often irrational. Some of the following methods are basically made in irrational situations, and the result can be imagined.
So what impressed me about the explosion was that I must admit to lose if I was wrong. No extra code is allowed when the account is losing money. There must be stop loss and do not frequent operation, do not worry about the list. Wait patiently for the market.
These sums up, I have another 300 dollars in the fund. This time, my position is still 0.1, stop loss 10 points, 15 points. You can see, stop loss at 10 points. Because I summed up from the last loss, must lose small and make big, this is the king. The account was not smooth at the beginning, the market was in the period of oscillation, and the account was constantly swept and stopped. After sweeping the stop loss continuously, the account has left about 200 dollars. I feel that my self-esteem has been greatly hit. At this time, the poor nature of human nature comes out and makes a strange mistake. At this time, I see a good momentum of upward drive, I increased the chip 0.3 to enter the site, and the stop loss is not set. But I just entered, but the market went in the opposite direction, and 50 points came down in a moment, The account is out again.
I can only watch the computer smile bitterly, why, I ask myself over and over again, why so. But the numbers on the computer tell me that's what it is. I made the first mistake. I comfort myself that people are always growing up in mistakes. Come again! I entered another $500 account, which I thought was too small to carry the fluctuation. I made a strict plan for the $500 account. The total position should not exceed 0.5 (I didn't understand at that time, it was really heavy) stop loss or 10-15 points. The position is not so heavy, and it will not be added in disorder, but the account is still shrinking. I don't understand it. 500 dollars soon became more than 300 in two weeks, but there were no big losses, but there were too many stop loss orders. Later, I asked an old elder to let him see my list for me. The old generation said that your stop loss setting is unreasonable. Normal fluctuation of the market will also make your account sweep damage, but these sweeping losses are meaningless and unworthy. I realized that I raised the stop loss a little bit. It was a very obvious effect. A thousand mistakes are basically out of the norm, but I find that the account growth is too slow, and I have a hidden desire to go back to the warehouse for a time. In addition, I was upset by a lot of things at home, and I went back to the warehouse again and broke out again. In less than two months, the company contacted five times to open the warehouse. In addition, the work is not smooth, work is not good, in foreign exchange, physical and mental exhaustion, when the last account burst out I decided not to touch him, I want to work well.
Re study stage: after the continuous explosion, I intend to rest for a while, and then the new year is coming. I have a tight hand and don't want to make any unnecessary efforts. You will also have a sense that in this market, you can not make good returns if you try hard. This may have little to do with the effort. Because from a human perspective, the harder you work, the more purposeful you may be( The purpose of this paper is often linked to desire. But the most terrible thing about this market is desire. Desire can destroy everything. So after more than half a year of struggling with my physical and mental exhaustion, I don't want to do meaningless efforts to strive for things that can't see hope. Work has delayed a lot to work well, which is perhaps the most stable and hopeful.
I stopped all the transactions, deleted mt4. no longer read trading books. After a year, I returned to work, and when I saw MT4 again, the little fire in my heart was on fire again. There are many reasons. The only thing that makes me get back to trade is dream. Dream is strange, but it can break all obstacles. I revisited my previous transactions. I contacted the previous trading list for several days and kept repeating the offer. Now it seems that my part-time trading is stupid, but these ridiculous things still happen to me.
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作者:cleverboy
链接:https://www.jrzx8800.com/experience/10-years-of-foreign-exchange-trading-experience-part-two/
来源:Learn forex trading – Foreign exchange blog
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