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Trading Psychology

Trading psychology – Mistrust to trading system

You have chosen trading system with the help of which you conduct your trade. Work on real, but see, that you cannot get a real profit, open the transaction after the developed rules, close it earlier, perfectly realizing that the currency has still course potential. What to do? How to overcome in yourself fear and uncertainty?

General recommendations in this respect can be the following:
– Pass for some days from the real account to demo account. Your task will be in making not less than 20 transactions by rules (without deviations from them) used trading system.

– Sum up your work on FOREX every evening, objectively estimate result, potential which is available for your trading system and mark for yourself methods how tomorrow you can earn more than in previous day.

– make your trading system more automatic on a demo account. As B.Williams learned to work at subconsciousness level.

The offered recommendations, will help to feel all merits and demerits of trading system used by you that in turn will raise your confidence of it so-as will know where it is possible “to press” and where to “weaken” that would turn out, that was planned. As you will represent more objectively potential of your trading system that will lower excitements concerning profit short-reception.

PS: the Unsystematic approach to trade (intuitive) represents too the certain system, therefore the described moments are actual and for it.

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