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    Thread: How to be patient when mouthwatering situation arises?

    1. #51
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      i see that this situation when it come you will not able to control and you will lose all your money because from beginning this will be your mistake because you trading with high risk or money management so when loss come you can't control on it so to control in these situations you have to make our trading with low risk and money management because this help you too much to survive in this market anc to compensate any loss you do it but if you repeated these mistakes again without patient of course you will lose again and again

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      sometimes people become so greed when they find they are making money and the money are floating and some others become so scared and they close with minimum profits and neglect the chances of making more and in my opinion stopping all of this comes from making good and accurate analysis

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      Actually, it is quite difficult for the traders that they keep patience when mouthwatering situation arise. traders have to practice hard to control that emotion. They have to avoid greed and for that they have to set a target. For this traders have to make a trading strategy. This will help them.

    5. #54
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      I have to speak on patients, Is very important? as a forex trader you can not do without patients. forex is a very profitable business which you must trade with calmness, A business that has a lot of risky behind it must be handle with patients!! patients will help you to see lose market and you will allow it to pass for another profit market

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      Forex is most stressful business in the world,its online and life trading continue for 5 days a week, any time in a week market moved any direction, so need an eye on forex market all the time with patient but enter the market after proper analysis the market and parameters declare to open any trade.

    7. #56
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      We should always be patient and if we are not we should lean, this will help us greatly not to place trades at the wrong time, many traders are not succeeding tody because they are obsessed with making money so they never analyze market movement patiently before they place trades.

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      Patience is a virtue and it can really be mastered with time, but the key to developing huge patience is through first developing discipline and sticking to the ethics of waiting for the right times even when it is against your will and desire that is how to build up solid quality called patience.
      Today's mistakes are stepping stones full of knowledge that can help us overcome the stumbling blocks of tomorrow's challenges.

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      I think that when such a situation comes then what we need to do is to just shut down our computer and concentrate on something else and stop watching the market even on your phone. If we keep watching the market we get tempted to trade more and this is what we need to control.

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    11. #59
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      Trading is a business that deals on patience and every trader must develop it as a virtue because most of the quick loses we experience in the market is traceable to lack of patience as well as indiscipline, ever successful trader must develop their emotions to understand the importance of trading.

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