1. Learn new things. We are happy to find new strategies, indicators or books.
We plan to practice what we have learned in a small account.
3. Choose a compliant and reliable foreign exchange platform, you can learn from this kind of software. We are more excited to start trying new trading methods with real money.
The result is far from what we expected. Emotions began to push us to other places. Because of fear or greed, emotions began to manage transactions, replacing our reason.
5. Going back to the chart we need to control above, we decided to start with the method of managing ourselves.
6. We slowly regained our enthusiasm for trading. At this time, what we need to do most is to sort out our trading ideas and let everything return to rationality. Only the most important information in the transaction can attract our attention, and all other information sources must be cut off.
7. Resume the real deal. This time, our strategy is reasonable, but we still need to analyze our bad habits or emotions, because they may affect our trading behavior. After all, attitude determines behavior.