Every goal/target need to be planned first, and each plan should have their backup plan in case if the market movement isn't like what they expected.

How often do u trade?

This is what will happen if you're trading without stop loss. It's a crucial risk management tools that almost every trader need (except if you're know where to cut your losses which is good).

Trading without stop-losses

Market movement is not surely predictable, but at least we're giving ourselves some suggestion with those analytical indicators about when the price will stop moving upward/downward and it helps us to build our own risk management...

How do forex traders predict price?

5-8 trades in a day, depends on the daily target itself. Some scalpers might be doing more than 20 trades in a day (some of the trades used to recover some losses, if it's possible)

How often do u trade?

Nice pic, sir! It motivates us as a trader to do more for change sake. You need to challenge yourself, dare yourself to move out from your comfort zone for a better change...

reasons why traders lose

Excitement and and greed after my profits and lack of emotion control after my losses. Weeks ago I made this kind of mistake, entered a revenge order in order to recover some losses without any proper analysis, and at the end, I got MC on my ...

reasons why traders lose

Agree. Personally, SMA and BB are more than enough to help me analyzing the market movement.

Post your mistake here - warn others

Especially for young trader, if they expected to make some fast money in this business, it's better to erase that passion. Even a good trader couldn't make their first buck one the first 3-6 months learning forex trading...

reasons why traders lose

My biggest enemy is my own ego and it makes me do the biggest mistake for my trading activities : Revenge an Order My recommendation : Better to close your platform when you got yourself in an uncontrollable ego, take a break for few hours (combine ...

Post your mistake here - warn others

That's the difference between newbies and the pro's. But most of traders recommend to use stop loss, especially when you have no time to watch those candles due to your 9-5 job...

Real Fx traders do not use stoploss