my trading expertise
Posted by surace on Friday, May 13, 2011
Much have been written about forex. Am going to add up one more brick on the block. I have been trading since last one year. My expertise is intermediate, yet I feel I know much when i talk to others. When i start trading same old flashback repeats. I win again win again win, i double the the equity, and triple it sometime. Then i think I feel like I m a shark, I should swim like a shark, after such feelings come, i start loosing.
My some more mistakes are:
I recommend others to follow trendline support and resistance in multiple time frame and enter when your intuition pokes you.
My some more mistakes are:
- I know what should i do, but i don't stick to the rule.
- Unable to see the picture in detail
- Ignoring charts from other time frame
- Entering too early, and setting tight stop loss
- Putting trailing stop
- Trusting EURUSD, CHFUSD than AUD, NZD etc
- Not following the trend
- Getting tempted to trade without proper analysis
- Never doing SWOT analysis
- Inability to learn from previous mistakes
I recommend others to follow trendline support and resistance in multiple time frame and enter when your intuition pokes you.