Its d forex rebate clubappo cashback forexting, but true Think back to any investment youve ever taken part in Have you ever made a big profit in one day? If you were really cashbackforexexness lucky, how many times would you be able to repeat it? This is because the general principle of profit making is no different from the general principle of speculation. First of all, remember that profit taking takes time to accumulate. Successful traders know that a 5-minute change is bigger than a 1-minute change, cashbackforexbroker a 60-minute change is bigger than a 5-minute change, and a day or a week is even bigger. By definition, they limit their profit potential, leading to constant losses. It is no wonder that so many people perform poorly in the act of short term trading, especially when they are encouraged by brokers or trading system salesmen to fall for the illusion of making a fortune by selling high and buying low on the same day, only to put themselves in a losing position. For example, you should not hold positions overnight, so that you forexrebateclub not be affected by the news or major changes in the newspaper, so that you can steadily control your risk, etc. This is completely wrong, for two reasons: First, the risk is controlled by you, the only thing we can control in this business is to set up a stop-loss point (stop-lossspoint), that is, we Choose to exit the transaction or exit the level of all transactions Yes, the next morning the market may jump the gap above your stop-loss point (skip your stop-loss point), but this is very rare and even in this case, we must also adhere to the use of stop-loss point, the loss will be controlled within a certain range Losers tend to make mistakes again and again, while the winners will not When you set up a stop-loss point with the After you set up a position with a stop-loss point, you may suffer a loss of money will only be so much regardless of when or how you entered the market, the stop-loss point will enable you to take the risk of controlling within a certain degree whether the market is a new high or a new low when buying, the risk is just as great not to hold a position overnight practice, will allow you to invest the growth time needed to make a profit is limited, especially when the market sings against you at the beginning if our If we are going in the right direction, it will take more time to wait for the market to be on the same side as we are. More importantly, the potential for profit will be greatly limited by closing the trade at the end of the day, or worse, completing a trade at the end of each line period based on a 5-minute or 10-minute chart. the loss? Another difference between losers and winners is that winners hold on to profitable positions, while losers leave too early Losers dont seem to be able to stay in a profitable position for very long, they often win a trade and are happy to die because they close it too early (often shortly after entering the market that day) You need to learn to Hold on to profitable positions to make big money, and the longer you hold them, the greater the potential for profit. Successful farmers never plant seeds and then dig them up every few minutes to see how they grow, they let them germinate and let it grow, and traders can learn a lot of lessons from natures growth process.
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