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I am very aware that trading can become a drug and can cause addictive behavior, but I want to share with you some tips to combat becoming a "market head" lol ![]()
Tip 1: Find other things to do that don't involve trading (Sports, Working out, Wacth tv, and something that may be the most important SLEEP!!)
Tip2: Move to higher time frames (This will move your screen time to a minimum. You will not have to be at the charts for hours on in trying to figure out which direction the market is headed. Live your life because the market will live its life with you or without you.:tongue:
Tip 3: "Trade what you see" ( I say this a lot because it is TRUE :wink:. I find that many novice traders are jumping into the market because the news was good so they anticipate the market to go a certain direction or they have a set theory in their mind about the market. Regardless of what the price movement is suggesting they continue believing that their theory of the market. So if you fall into this category relax,breathe, and learn the price action signals to look for so you can eliminate all the guess work. Let price be your guide!
Tip4: Follow tips 1 through 3 add in learn how to be a gracious loser. Because you will lose in forex. That just part of the business. Don't beat yourself up.
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