What are my weaknesses? Why do they occur and what they provoke?

There are a lot of weaknesses, but two main things is an Ego and it constantly irritates me. When I am in the big day in the market, like 3 prizes successively on INKT, I feel less vulnerable. I feel, as though nothing can break my prizes. If I didn’t know about this feeling, I, of course, would have certain negative consequences which would show to me that I not so am good, and which is usual lead to the big losses. I know about this feeling, and I manage it to some extent, excessively without risking. But there are times when my ego inflates my expectations and it about what it is necessary to know and constantly to supervise.

Another is a capability to expand my intuitive perception of market activity. I can do on 1/4 and 1/2 of point all the day. But for me, washing the personal purpose and my definitive “nirvana” consists in continuing process thanks to which I can take more from each transaction when the risk assessment is safe and the market continues to “behave” accordingly. I want to raise “rhythm” with the markets which have more potential and it is very big call for me. It is weakness, but such thing about which I know and which I continue to develop.

The last meaningful letter of the Rhythm

M – manage your emotions

The emotional control is a very much prominent aspect. It comes to me with understanding of my lines as trader. The first emotion of the trader is a fear concerning losses and expectation of the big profit. There is no method thanks to which the trader can progress with these two emotions. The fear concerning losses doesn’t allow the trader to manage properly risk, having remote stop warrants. Greed concerning the big profit in each transaction doesn’t allow the trader to read the market how it moves. The trader will catch some good transactions, but loss corresponding to expectation of this profit, each time will move general profit. The fear on the other hand is a lack of the answer to market action. The signal speaks to enter, the brain speaks – isn’t present. It is that case when self-trust costs a lot.

Don’t think as you need to answer. You think, but you fluctuate. Whether you ask “really it is so” when it is declared “cutting of rates”, and you drop an input. Look at signals and answer. Development and self-control preserving through appropriate management of emotions will allow you to keep clearness at supervision of general market action as well as concrete trading action. Allow the RHYTHM to become a part of your trade successfully to progress as the trader.

For those who want to participate in forex trading must start from learning the basics of currency exchange market to make sure you do not have problems with this industry.

There is another option – you can hire experienced traders to do this job for you – read more about forex investment here. Also make sure to look for the info in a good forex book.