Hello readers. In Ulyanovsk, autumn, becoming colder outside, and as a result, and at home! These are the realities of Housing! But this does not prevent trade and shares with you useful articles. The name of today's post gives my spirit, it will be hard! Blocking discuss the position. I will try to spread this method apart and show the essence! And you decide: whether to use it?
What is Blocking?
Blocking - the discovery counter (in the other direction) position of the same volume, which will have to balance open order, therefore, the result of one position will "eat" the result on the other. If we speak the Russian language, it will present an open buy order on EUR / USD. Lot = 1.0. For example, the price went against the right direction, which will result in a floating loss of $ 100. To losses did not increase, it is possible to open a counter order to sell 1.0 lot, you get two opposite orders of the same volume, the total position will eventually be neutral, it will not record the loss. I think that many traders are familiar with this, forums often discussed this question. I advise you to read this article by MM: "Find out what should be the size of the position!".
It must be said that not all brokers and all trading platforms support the possibility of locking. What is the most popular sredinachinayuschih traders MT4 platform supports it, plays an important role in the popularity of this reception. This is one of the factors that hinder the spread of MT5, as there is already such tricks will not work.
What is the essence of locking?
Do you think it will improve your trading results? Do you think this is a method that will turn you into earning a trader? He will establish your trade? NO!!! I was in your shoes, was a novice trader and know why it would be desirable to use a lock (as I became a trader said "here")! Let's not lie to ourselves! Blocking does not bring a single dollar, whatever it may be - it is to reduce the psychological burden that needs to be reduced in other ways!
Locke can give a beautiful balance graph that investors were surprised to your professionalism, but in fact it is not in sight! You are free to enjoy the graphics of your balance when in the terminal will be hundreds and thousands of dollars in damages! Good picture ??? Vanity 100%! All that leads to the lock - it does not record the loss. You will have a floating loss, you will see every minute of entering the terminal, and do not escape from it! The only thing that it will not affect the balance of your trading account. Oh, this is a tangible advantage, why should strive! A worthy goal, is not it ?!
Now tuck your vanity in one place and deep! Turn off your emotions, who do not want to take a losing trade! And cut down your self-esteem, which beats in the brain, "a trader you're cool, you're not losing trades happen!" Get up yourself and okinte from the eyes! What is the economic essence of locking? What good can bring its use? Answered? NOTHING! Complete zero! Blocking is not credited to your account the money! It does not tell a profitable trading ideas. Whatever it may be - does not reflect the loss on the balance sheet. It is the goal of the trader? You want to make money, become a millionaire, or want a nice balance chart? What is more important to you? I made my choice.
"Blocking enables to wait the hard times, when the situation is not clear," - so say his supporters. After the "difficult times" they reveal the lock and pull out the loss-making position! Driving - is nonsense. Just wanted to give a spoon on the head to the brain in place rose! Close your position, wait out the hard times and open new lucrative, which will close the previous loss! It is so hard to remain unprofitable trade in history! But such traders do not take into account that the locking and the locking are double the costs paid twice spreads and swaps.
Certainly not a large sum, but if the lock is not disclosed weeks, months? So you can lose tens of percent! All this rests on a losing trade, the trader can not accept! It is better to deceive yourself?
If you close the deal, and open a new one, you will save on swap of locking on the reception is no different, the result will not change in difficult times, and you can wait them. And when the situation on the market will become more clear - to make money!
Blocking is used merchants who can not deal with his psychology!
Apply those who choose a beautiful balance graph, instead of real money! What do you want? Once again, every choice he makes. Everyone decides for itself what it comes to trading, and it is better not to deceive himself. Either be earning a trader, or indulge in the evening of boredom! If you have the number of trades is more important than the result - forget about the money, sit in the evenings at the computer, unroll your $ 100 and communicate in the forums. Do you want to earn and become a professional trader - forget Blocking!
If you already are using Loki, do not be afraid to change something in your trading! It may be difficult, I admit, but it is difficult when you open the lock and get a greater loss that you can not close because they do not have closed lower. You will lose money. All the money! Try to change your trading system, create a new one, just drive in to trade for a week to think about a clear head. In general, do not come to the computer, because there are plenty of other activities, the exchange is not going anywhere, and in a week you will be able to adequately evaluate himself, to find weaknesses and fix them! Why hide them or ignore? This makes no sense, still they are! It is best to admit them and try to fix it!
This is the path that will lead to success! Change ourselves - change your trade. I quite seriously. Here is another article about self-deception, it is useful, see "irrefutable evidence of the principle of the Martingale loss!".
I hope I can convey that Blocking position creates more problems than good. It allows you to hide the cons of your trading strategy, but does not correct them. If you want results - fix your weaknesses trade places, and do not close your eyes to them. Yes, it is difficult emotionally, but only at the very beginning. And that leads to success! By the way, here are several ways to tell how to protect themselves from the loss of the account, it's really working method rather than self-deception - read!
F-uuu-f, in the same breath wrote the entire article, smashed me. It is necessary to come, it is time to go to the gym! I will be very pleased if at least a couple of traders improve their results after reading this post! As always, I invite you to subscribe to updates in the form below by mail, it is very convenient to receive new articles as soon as they write! Also added to the social networks. I wish you all a high performance trading and self-improvement! With you was a private trader, prior to the meeting!
