Emotions Out

When you start learning to trade in Forex, you are taught that you need to analyze the market, watch the graphics, watch the news, etc., they always tell you to trade without any emotion. That`s easier to said done. Because the majority of traders, involve emotion.

Different forms of trading have been around for many years, yet most individuals have no idea what real trading requires. The definition of trading is exactly how it sounds, the exchange of two different goods or services. I notice that most people don`t know what is trading, and are just too tired to study or they are afraid of fail that`s why is so overwhelming for many individuals. That`s a logical fear because the numbers tell me that 95% of people lose money and just 5% win. I always think that is better to be that 5% especially when the Forex market is a 24/5 hour market and trillions of dollars are trade daily. But emotions get involve and you can be part of the 95% without notice it.

Because all of us want to be in that 5% here are some rules:

1. Be patience: when you start trading in Forex you need to learn how to trade and to control your emotions, but you need to be patience. Learn the basics, try your strategies, open a demo account, don`t risk more than 2% and you will see the results.


2. Open a demo account: before risking real money trade with virtual money. Practice your strategies and see how the live market really works.


3. When you trade, just tade. Don`t trade when you are upset or tire because someone else will take your money, someone who is focus and more relax. Don`t involve emotions.

These are some just rules you can do to avoid being in that 95%. Remember also that in Forex you have the choice to work 24 hrs. so you need to know what schedule is the best for you. Although in Forex you have the help of the Expert Advisors (Forexmegatrion), that can be use in Metatrader4 and do all the work for you. Forexmegatrion can work 24/5, without any emotion and really help you to achieve your goals.

Trading in the markets has a venue for everyone. If you are willing to exercise discipline and patience, and willing to learn from triumphs and failures; trading can be a very enjoyable and exciting hobby, or possibly even a full time occupation. I encourage those who are new, to step out into the unknown to give trading a try, but above all, have fun and leave your emotions at the door.