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Abstract:The best strategy that earns you money is sticking to a robust trading system.
WikiFX Strategies (2 Mar.) - Instead of helpful tools, your efficiency in using these tools decides whether you can trade successfully. The best strategy that earns you money is sticking to a robust trading system.
Don't doubt your proven system. What makes one an expert is not trading skills but stable psychological endurance. Those experts could trade according to their systems even in the most challenging times. They are keenly aware that they must change the myopic mindset and adhere to fixed profit patterns with patience and confidence.
Confusing trading philosophy and unreasonable fund management will lead to rapacity and fear. In the changing market, traders who are able to control their greediness could always capture the next trading opportunity.
What's more, traders must treat loss properly since success does cost something. When your techniques become a bar to success, reflect on your understanding of investment.
1. Treat the market objectively
2. Firmly hold your trading beliefs
3. Get familiar with your trading pattern
What trading brings is not only profits, but also a thorough understanding of human nature. Your trading system could adapt to your trading personality after constant perfection, which will enhance your execution capability. In this way, you can get rid of stress and return to your comfort zone.
Download WikiFX (bit.ly/wikifxIN) to get lessons from experts who have traded forex for over 20 years.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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