For newbies:Learn Forex Trading: 3 Simple Tips for Setting the Stage - Page 2
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Thread: For newbies:Learn Forex Trading: 3 Simple Tips for Setting the Stage

  1. #11
    Quote Originally Posted by ;
    You know what they say; trading Forex is 80% mental and only 5 percent of all currency traders earn money consistently. If this is so, then we're all in a very competitive environment. This means that when we trade, we have to always be on our A game, our peak performance period. Here are 3 simple tips to prepare you daily for the playing field which will be the Forex market:

    1. REST

    Before we flip on the computer and look at the currency pairs, it is very important that we've had adequate rest. Proper sleep makes it possible for us to recharge...
    thanks for acknowledging the origin I have a forex website but its just new and I may acquire a few ideas from here. However, I might need to ask the permission first of the author of newbies4rex before posting it to my Website

  2. #12
    Quote Originally Posted by ;
    Have you noticed any opposite effect? Things go wrong, but once you set correct music, the trading goes great?
    Too bad I do not know how to play guitar. Could anyone suggest what type of music if I play before investing for forex? I mean the sort of music that I was able to play using mp3 player

  3. #13
    Paradoxical though it may seem, successful day traders often don't trade daily. They might be in the market, at their computer, but if they don't find any opportunities that meet their standards they won't execute a trade that day. That's a lot better than going contrary to your own best judgment out of an impatient desire to”just do something” Plan your trades exchange your plan. You need to set a trading plan and stick with it. If you are trading on your own, impulsive behavior can be your worst enemy.

  4. #14
    Nice Ideas, BH!

    Anybody else play guitar in front of the display to unwind and pass
    the moment?


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