Hello, is not erased my fingers, I will write a short article! Today, two on the thermometer, and about the same in the accounts may be spring? Okay ... What did they believe all novice traders? What believe you when you were so? It's time to remember! Just I started trading? Why Chunga-Changa does not give you money? Do not you know what I mean?
Chunga-Changa this fabulous island of Soviet cartoon, but in the context of this article we will speak a little about the other. "What is it?" - You ask. Before writing this post I've been thinking what to call it. The theme is, a good topic that required all new traders, but the name did not have a single word that is not going to mind, perhaps after training the brain refuses to think soberly. I do not know. But I decided to replace the word Chung Chang. What does it mean? To believe that all new traders?
Novice traders inherent psychological phenomenon, whether it is advertising, whether from the representations of society. But every trader almost shaking, opening, internet terminal; and then it pulls information from which he is unable to escape, it seems so important that it is impossible to miss. Each newcomer convinces himself that he is engaged in innovative business, stands on a par with "the best minds of humanity", tomorrow or the day after will earn a lot of money and "will be free." You know, how many useless things does a novice trader, rather than to do things? Perhaps if you do not drive in the head all sorts of rubbish, you get to learn how to trade much faster, at least I would know that a few years ago ... Oh, but no come back. I will try to save it to you. That this phenomenon, belief in non-existent things, and far-fetched an idea of the trader profession, I called Chunga-Changa :-).
What prevents making novice trader?
I will describe the useless things that are addressed by many traders, things that kill your time. The first thing that comes to my mind - surveillance of balance! I have always used in the terminal window was opened with orders, the balance of equity. Sometimes, place an order, to calculate the stop loss, profit, and the market there will be a movement indicators are starting to change. Once again forgotten all cases, attention to the terminal and the two eyes do not tear off the screen! That decreases the deposit, the deposit grows, the money evoke emotion. So you can follow the change came five minutes, ten minutes. You can drop in for an hour or more. But in reality, this does not affect the results! Though sit for hours and stare at the numbers! All you need to do is to follow your system, not to play detective! My trading methods do not require the constant monitoring of the situation, once I realized that doing a waste of time. Open the tool graph is enough to track changes, and the rest is superfluous. From the moment I pulled the tab with the balance and returns to it only when placing orders. Trading ceases to be an emotional exercise, do not see the changes in your account, there is no emotion. No emotion is the result.
It is better to spend free time to test and refine your strategies. It's really important to know its advantage over the market. From this really depends on your earnings.
Just do not confuse testing strategies with the search for the "best system of the planet", beginners want so much to find it! But apparently it's time ... But you take the time wasted searching for! Why should every day to go to the forums, websites, seek out new strategies and advisers, and then "drive" them in the tester? You want to burst tester? It makes no sense. No successful trader does the same, no one is looking for a win-win system without subsidence. It is a utopia. A successful trader is trading on several time-tested systems, agrees to a certain drawdown, and does not try every day to find a new strategy. These searches are meaningless, waste time, which could be held with the use of, for example, used to improve the strategy. Make changes, test the age of 14 ( "Keep your money !!! Or time for testing trading strategies."), To evaluate the results. All! This will benefit.
Uses brings walk on the Internet. For example, conversations on the forums. This is nonsense! The result in trading define the knowledge, skills and experience. It all depends on the trader. What can you get in the forum? Pos # ratsya with visitors? Argue about the trading methods and check out "clever" phrase? It does not help to achieve a result, it does not improve your trading. And there is a broker, who need to read the news. There is a social network where "necessary" need to check messages. There are e-mail, where only "necessary" look! As a result, you spend aimlessly for hours getting unnecessary information. Maybe to show willpower and not to open the browser? Try it, you will feel how much you have free time!
You can read a book on trading (my favorite), disassemble the strange things, find useful, instead of useless!
And sometimes you start to think about trading, you evaluate yourself, pretend to be: "I am a trader", and these thoughts flow smoothly in the dream. And there it is difficult to stop the fantasy! What kind of dreams I will not tell, private life after all! But that does not make trade better! No you would not appreciate any of the ideas, not for dreams. The result speaks eloquently man! Achieve this result, do the real thing, not the dream of a "beautiful future", if you do not exert forces and effort today, so it will not be tomorrow! At this point beginners should pay attention!
It is better to work on the psychology, to come up with practical measures which will not allow you to exceed the risk in the transaction (as a rule, such measures are not like yourself, measures that make doing the right things, they are different for each) or trading strategies against the rules.
One of the biggest thieves of time for a novice trader is the analyst. I do not mind if you are trading on the news, watch for their output, read analytical reviews etc. If you need it, then great! But if you are trading on technical strategy, for which the news does not matter, why read them? Again emotions affect the action. I'm not saying that all beginners exactly do, but some definitely! It attaches to the financial industry, as a trader "should be aware of all the events." Nonsense, if you are a system trader. All that you need - just to follow the strategy. Follow strategy - make a profit. Do not follow - you do not get. Why be distracted by unnecessary news?
At this time, you could pay for internet, go to the store, zanyatsyalyubovyu sports. In short, to do useful things, instead of absorbing information! I am in favor of action, for real actions! And you?
Trading - this is a serious business, not entertainment with the sign "Believe in the dream! '. Do not succumb to some stereotypes, we must do, we must act here and now. None of you will not make the test system, no one will not understand and can not understand the importance of MM, as long as you do not, no one has accumulated trading experience and unquestioning repetition strategy for you! Here it is necessary to do, if you want to from the novice trader to become a professional. Take action! Placing orders, statistics, probability theory, risk calculation, psychologically difficult and boring to follow the strategy - that is the real definition of trading. A "genius" of the transaction, the magic guessing events and billions of dollars - from American films. Whom to be everyone decides for himself. The fact that a person is doing now, determines his future.
I am sure you will go to the benefit of the article: "How to become a successful trader with a probability of 99%"
It is better to work on the psychology, to come up with practical measures which will not allow you to exceed the risk in the transaction (as a rule, such measures are not like yourself, measures that make doing the right things, they are different for each) or trading strategies against the rules.
One of the biggest thieves of time for a novice trader is the analyst. I do not mind if you are trading on the news, watch for their output, read analytical reviews etc. If you need it, then great! But if you are trading on technical strategy, for which the news does not matter, why read them? Again emotions affect the action. I'm not saying that all beginners exactly do, but some definitely! It attaches to the financial industry, as a trader "should be aware of all the events." Nonsense, if you are a system trader. All that you need - just to follow the strategy. Follow strategy - make a profit. Do not follow - you do not get. Why be distracted by unnecessary news?
At this time, you could pay for internet, go to the store, zanyatsyalyubovyu sports. In short, to do useful things, instead of absorbing information! I am in favor of action, for real actions! And you?
Trading - this is a serious business, not entertainment with the sign "Believe in the dream! '. Do not succumb to some stereotypes, we must do, we must act here and now. None of you will not make the test system, no one will not understand and can not understand the importance of MM, as long as you do not, no one has accumulated trading experience and unquestioning repetition strategy for you! Here it is necessary to do, if you want to from the novice trader to become a professional. Take action! Placing orders, statistics, probability theory, risk calculation, psychologically difficult and boring to follow the strategy - that is the real definition of trading. A "genius" of the transaction, the magic guessing events and billions of dollars - from American films. Whom to be everyone decides for himself. The fact that a person is doing now, determines his future.
I am sure you will go to the benefit of the article: "How to become a successful trader with a probability of 99%"
