Showing posts with label losses. Show all posts
Showing posts with label losses. Show all posts

How to handle Trading losses that are not so ' torture '

Thursday, December 23, 2010

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If you enter a trade knows it is only 2 results, whether they are profitable commercial or vice versa. Since this is a 50% probability score, why is it so difficult to accept the other outcome 50% that won't be our way? Since we know that commercial losses are inevitable, there is no way we can handle so that it is not so much ' painful '?

Some says that the trading is a business. In an enterprise, it is always a cost and delivery charges before you make your product/service you are selling. These costs and charges are known as the commercial loss whenever your transactions. Sounds logical. But why is it sometimes that such costs and expenses keep piling up continuously without any gains to offset part of the key. This continuous trading losses is no reason why some altogether the negotiation if not handled very well. Start the loss of confidence in the way that your trade, thinking maybe the strategies no longer work. Give and get another Holy Grail, and cycles repeat over and over again.

Trading is TRUE, a serious business. Everything is serious when it comes to money profit and lost. However, trading can be fun too. It is always better to mix a bit of fun on your traded so that you will not receive any serious burden due to the damage. Indeed, how we think affects how we perform.

You can imagine the negotiation as fisheries. When fishing, it will be checked when the tide is coming, what area is a better fishing spot, what kind of fish we target and we buy the baits specifically for this. After that, we simply sit patiently wait for fish to suck our bait. Just as in trading market will decide what to get, what time zone is a marketing best, what is the size of the position to insert depending on the amount your stop loss, then I wait patiently for your favorite price pattern to appear.

Sometimes the bait is gone, sometimes eaten by smaller fish or fish which you don't want. Worse sometimes stuck and you may need to cut off part of fishing line. But when I catch of the day, all the time, the loss of baits and string is longer than worthwhile! Similarly, when you are able to hit home run trading margin covering more than all the small little commercial losses along the way, you may be aware that it is all worthwhile and entertaining.

To put so little imagination to your business transactions to make it more fun. Use creative analogy to liken transactions your business into something that you can agree and believe in. You won't make the other 50% probability goes away, but at least it makes it more acceptable for the piece of which is between the ears!


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Trading psychology-Promote your business with 5 tips on Trading losses

Monday, December 6, 2010

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"Commercial losses is awful!" "Damage is terrible!" could I have a loss! " "When I have a commercial loss is simply not being a good trader, husband, father, provider, ... or person! "

How many of us have such thoughts on trading losses? Now, I guess, although you never talk about them. You may not even recognize them, but it is important. We can cut winners short, hold up losing trades, avoid pulling the trigger, and even trade, by introducing a limit position this latest loss.

Effects of Thoughts for losses

How thinking damage is significant. Our thoughts on our commercial losses influence behaviour. This can affect how we see ourselves as our dealers and self-esteem. In a way Unimaginable loss both constructive can create a negative spiral and complex transactions actually our losses: we think it is just terrible losses. In an attempt to avoid committing a defensive commercial behaviors (cutting winners short, allowing losers run, etc.). These actions can cause erratic transactions even greater losses, further reinforcing the notion that the losses are bad. Self-esteem and trading confidence sinks, setting us more than the next trade ...

Reality trading losses will be continuously throughout your career. Is inevitable and unavoidable. With practice and more commercial experience losses occur less frequently, but you can't eliminate it completely.

Reasons defeats

Losses occur for two main reasons: make errors and market.

We are human and negotiation is complex. Trading is very demanding on our mental and emotional capacities. It is very easy to make mistakes. Also, the market is continuously changing. An Installer trade that worked yesterday may not work today because the market is different. Negotiation based on chance, which means that there is always a certain percentage of loss in setting up any transactions.

5 Tips

Accept losses. Instead of viewing them as being particularly, recognize that it is a natural part of the game. Nobody wins 100% of the time. Each trader had losses. Give yourself permission to have losses and agree to the probabilistic truth of negotiation.

Commit to Trading so. Even if you might be thinking negative thoughts about the potential loss, to vigorously after your trading plan. The transaction manager from what you see is the price movement and indicators, rather than what it says your mind to.

Use losses to learn more. Learn about yourself as a trader and market through your losses. Do the things that you can improve when you have a loss? The market showed an indication that the trade won't work? Use these information to future professions.

Trade with an edge. Make sure all your trade have a probability of parametropoiisewn work and an anticipated duration of benefit. Write them in your trading plan and works only your drawing. This is the only way to create profit consistent with your edge.

Framework study market. Setup each trade will work better in certain market conditions than others. We know the context in which your Setup works best. This will improve the edge and reduce the frequency of losing trades.

Review all professions that are a good way to understand the market and to learn from losses. For help with this, I would like to invite you to download a daily review of claim Trader your FREE instant access by http://www.tradingpsychologyedge.com/dailyreview

You will receive a sheet Daily Review (pdf) you can use to improve your every trading day. Also you will receive a practical download explaining how to effectively use your next review.

By tradingpsychologyedge.com-Dr. Gary Dayton-

Article source: http://ezinearticles.com/?expert=gary_dayton,_psy._d.

Gary Dayton, Psy. D. - EzineArticles Expert Author

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Yen pares losses, intervention talk unconfirmed

Sunday, September 26, 2010

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Yen pares losses, intervention talk unconfirmed

LONDON: The yen staged a partial recovery from losses prompted by unconfirmed talk of central bank intervention on Friday, while the euro rose on a stronger than expected German business sentiment survey.

The Ifo German business climate survey helped ease some of the concerns over the global economy recovery that had been revived by data on Thursday showing new claims for US employment benefits rose last week.

Crude oil prices rose for the third day in a row and world equities were steady after falling 0.5 percent the previous session.

Talk that Tokyo was intervening in the market to weaken the yen for the second time this month had helped the Nikkei share benchmark cut its losses by boosting the shares of exporting companies, though the index ended 1 percent lower when no confirmation of the intervention rumours emerged.

That still left investors edgy and with risk aversion hitting markets, traders said the Bank of Japan?s task of weakening the yen was becoming even tougher.

?The price action certainly suggested that the Japanese intervened, but one can?t be sure,? said Kenneth Broux, markets strategist at Lloyds TSB Financial Markets.

?With stock markets retreating and a general pullback in risk appetite, the yen and the Swiss franc will be supported, making the BoJ?s job harder.?

The US currency added 0.2 percent to 84.53 yen after rising as high as 85.40 earlier in the day. The greenback is still down 9 percent this year against the yen, which tends to strengthen when concerns mount over global growth.

The dollar had had fallen to 84.26 yen on Thursday, its lowest level since Tokyo intervened last week, and traders said major Japanese banks were now bidding it up.

The euro was up 0.7 percent at $1.3407 after the Munich-based Ifo think tank said its business climate index, based on a monthly survey of some 7,000 firms, rose to 106.8 from 106.7 in August. The shared currency added 1 percent to 113.34 yen. reuters

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