Thursday, May 30, 2019

Getting in to Forex Trading

NEVER INVEST MONEY THAT YOU CAN'T AFFORD TO LOSE.

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Hi, fellow traders! Today you are moving to a different world of trading experience. Many thinks that trading is just simple and fun while quite true and not. Admit it, if you are just trading without real knowledge then i can say you are just burning money online. Yes, in the first and two days of trading you are making profitable trades but in the long run, your hard earned money will be gone away.

Before we go on, I am Benjamin Jeofrey Corpuz, a lover of cryptocurrency and founder of Kriptopinoy Online Avenue. I started trading Forex since 2013, but as i have said without proper knowledge can bring you to nothing and that's happened to me many times. Lots of my hard earned money were burned in online trading a few years back. I quit, i came back then i quit again then came back again. That's my experience in trading until I realized that there is something lack within me, and it's true. The power to become a real trader is not found within me. Yes, you must discover yourself the attitude of a real trader and possess something that others don't. And this is something about your personality in the trading world. You must develop your patience, because this will give you the result you are craving in. You must also develop your own trading style in order to have a ground and strong foundation of your future in trading. And trading style is not develop in just a single month, it takes months or years for you to discover the strategy that fits your trading to become profitable. Last but not least is to improve your persistence in trading, willing to study the market in long hours before a profitable trade decision comes into your way. So let's talk about these 3 important things to become a real profitable trader.


1. ATTITUDE. This sometimes  the blockage to reach our goal, we do not give time ourselves to grow in what we are doing. It reflects to the output of what kind of person we are in the world we are in. We easily give up on it when failure tends to test our inner self. We always say, this is not for me, then quit easily. Develop an attitude that embraces the things you are doing, practice it, employ it and you will discover the magic in you that gives you the right path you're looking for. Don't be afraid to experience failure because that will be your teacher to go on. You really need to fail to become successful, right! There is no magic in this world, no genie to do you a favor, it is just within you who can do the things you are dreaming of.


 2. PATIENCE. The most boredom part in life but it can never ever detached it from our lives because this is a virtue that will unlock the waiting over the things we longed to have. You can never be a great real and profitable trader if you don't possess this virtue. This tests your attitude and can make you grow as tall as the bamboo tree which tested by time. Give yourself a room to grow and wait for the most awaited moments you are longing for. Install yourself the essence of waiting over a brighter future waiting ahead of you in trading.


3. PERSISTENCE. One of the most important virtue in trading that people like you cannot endure so long, that's why you go out without success. In this part, you will experience trouble many times in trading. You lose a lot of money, you lose so much trade and sometimes you think that they are manipulating your trade that's why you never win the game. But this is not an excuse for you to quit. As many said, learn to fail to be successful. Study the occurrence of your failure, why you always fail, what is lacking? In the first place, we are doing something that we actually do not know what we are doing. What we only see is the profit in trading, we do not see and learn what do we need know to become profitable. Learn the basics, go with the process and employ the process to discover what is best strategy for you to profit. Practice that strategy many times until your psychology in it will embrace what is happening. You will soon say, AHAH!. Now i know.! But you cannot do that without being persistent.Now, you have known what you need to possess before you dive in into trading. Discover yourself first before deciding to go to trading.So, in order to start with the basics of trading, you must learn the parts of a candle use in the chart to understand how market moves. Watch the video below to have a background on how candle is working in trading.



Thanks to the video creator.Credit to Decisive Trading





You can leave your comments and questions here or simply message me here.



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