Donvic4u:
Simply put , before u take a trade
Assume it's a losing trade, that will help in minimizing risk and position size

Thank God u understand what I was trying to say

I made a quote few hours ago, which was

Tony142:
"The easiest way to have a strong trading psychology is to be happy when u make a loss and be sad when you make a profit" - Tony142, 2021.

Some people made fun of it, Lol

There is a reason behind every quote u see, instead of you to ask me why I said so, u did not - but prefer laughing instead


Here is how it works, in trading there are 3 type of fear - which are


1. Fear of lossing money
2. Fear of missing out
3. Fear of being wrong


My main focus for this post will be number one which is - Fear of lossing money


Now, here is the secret of overcoming fear


The easiest way to overcome your fear is to face your fear, or let me say the easiest way to overcome your fear is to accept your fear


Do u remember back then? There was that things u normally fear in the past but one day u gather courage and finally face that fear and u discover that the fear was not a big deal, infact, after overcoming your fear your confidence will grow instantly


Let assume there are two guys, one is call peter while the other is called James , both of them want to toast one pretty girl in their class, but they are afraid of rejection


Peter have the mindset that "I know she will reject me, but let me just toast her for toasting sake"


James have the mindset that "I will like to date this girls, God pls do not allow her to reject me o"


Now, my question is that if the girl reject both of them, who do u think will be more disappointed?...Of course James will be more disappointed, why?...because he was afraid of rejection


But Peter was not afraid of rejection(fear of losing money) so, since peter was not afraid of rejection he will not be disappointed



Same also apply to Forex , when u are afraid of losing, trust me that is when u will loss, but when u are not afraid of losing that is when the market will even go in your direction



If u have the mindset of expecting a trade to go wrong and the trade really go wrong, it will not be a surprise to u, why?...because u have already program your mind that the trade will go wrong,


But if u expect a trade to go in your favor and the trade go wrong, u will get angry and emotions will take over which will even lead to a bigger loss, why will u have a bigger loss?...it is because u were hoping that the trade will reverse and go back in your favor. but guess what? It keep going against u which will result to a bigger loss



It seems that my quote is causing controversy, so I will modify it to


"be happy when u make profit, but do not be afraid to loss money too" - Tony142, 2021

"The easiest way to have a strong trading psychology is to be happy when u make a loss and be sad when you make a profit" - Tony142, 2021.

iLegendd:


The entire thread is just a parody. I'll never go into politics, except an appointment. No day passess without me exercising.

Lol, Noted

iLegendd:
Please, I need your help. I used to have 6 packs, but it's gradually disappearing.

I want to go into politics later in life, so they told me potbelly is one of the requirements of being a politician and a big man.

Is that true? Only my fellow gays are allowed to comment.

Lol, boss, I used to think u hate politics before o

iLegendd:


Make I come shock you, I won't give it to you. I'll share it — send 1k to Meedon and 1k to another commenter above.

"People with similar trading style, are more likely to have similar trading psychology too" -
Tony142, 2021.

Amotolongbo:
”iran were dun wo, ko see bi lomo” (lunatic displays so entertaining, no one prays having one as child)

I will no longer entertain u for free, I need to eat 1st, what do u cook this morning?



I hear that u do not know how to cook, is it true?

Amotolongbo:
who even get the time for a stinking rat

Now, I can see that u are already falling for me, but I am not cheap, so let me play hard to get

Amotolongbo:
mtcheww

I even thought a human being was engaging me

Engage? I can never engage you, why?...because u are not a wife material

Amotolongbo:
Shut down like a generator that has exhausted its fuel.

Only impoverished boy like you will think money is everything

U are not fighting me, u are fighting the bible, the bible said "Money answers all things" -
(Ecclesiastes 10:19)



If a gold digger like u think u can fight what the bible says, then I wish u goodluck

Amotolongbo:
Stupid fellows.

Instead make dem join hands to fight the man, dem dey beat and naked themselves

Shut up, what if the guy is rich? Na your type go even fight his fellow woman for a rich guy or a good dick

IJEYdiamond:
Its not bad... watched it... well there will always be a part 2.

Pls do u know when the part 2 is coming out?

Dalax15:

https://www.youtube.com/watch?v=a-Q63UhObvs

I have watch this one, boss, do u have the part 2?

SystemBet:


I use mt4 to trade, trading view to "show"

Ok

SystemBet:


Yes....mobile app

OK sir, tradingview seems more advance than Mt4, which broker are u using on tradingview?

SystemBet:
GU short term projections

Is this tradingview

humilitypays:
Because most decent single guys are broke, unemployed or struggling while the decent girls are greedy waiting for Tiger Woods

There is nothing like decent boys and girls, all na scam, people looking reserved, innocent, introverted do not mean they are decent , know this and know peace

KSammy:
Learn how to trade the foreign exchange market and get support funding to trade life account.
And pay for the training and funding in installments when profitable.
If interested drop you active WhatsApp number

09031740226

Theyoungmaster:

Oga Tony, I'm a grammarian, upcoming Obahiagbon. Na you be my first victim this morning.

iLegendd:


Village people? Hmm.

Lol

iLegendd:
The reason I'm gay is: I don't have money to give to women.

Who will help me with urgent 2k?

Drop your bank account details, let me beg my village people if they can see 2k to borrow me 1st

Theyoungmaster:


You just committed "ad hominem". Fallacy of attacking the individual. It's wrong. This debate thus far has been enlighting. No need for the cold feelings. Intellectuals disagree to agree.

Na me u dey speak grammar for


Let me not talk yet, show me where u see me attacking him

NetValueFX:


Lol... Please make sure you join next contest. So that you can come and count this levels for us with 1000pips in the 30days. Your certaintity level is top notch. Please come and prove it to us on the contest by making 1000pips.

No mind am, the same next level that buhari say he will take us to but yet, there is so much suffering in the land, and this one again is also talking about levels

NetValueFX:

Patter repeat its self

bigbasho:
I am not a student trader...

So it is only student traders that need money abi? Oga go sit down abeg, it is people like u that make newbie to loss money, u guys will be making Forex look as if it is easy but yet 95% still loss money




If u think the Forex market is 100% predictable as u claim, then u should be competing with people like them Elon musk, bill gate e.t.c but yet your name never still enter your village list not to talk of Forbes list

VlamesIffect:


You ve seen price action 4 eu & ej over d years... Oya enter d trade nw if e sure 4 u...
Put ur money whr your mouth is...

No mind am

docus:
For those that have read Rich Dad Poor Dad, Rich Dad said investing is not risky but the investor is risky. So when we apply this statement to trading FX, it therefore means that trading is not risky but the trader may be risky. This simply means a trader can trade profitably and consistently. So therefore trading is not gambling and yes trading can be highly predictable.

The Arthur of rich dad, poor dad - "Robert Toru Kiyosaki" is a great man, but that does not mean all what great men says is true, no one is above mistake


What he means by the statement " investing is not risky but the investor is risky" is that going into a business without having a full knowledge of how the business works is a risk, but when u have the knowledge of how the business works, then it no longer a risk , even dangote apply this techniques



Robert kiyosaki is 100% right, but guess what? There are some business in which no matter how u study them, if u want to loss u will still loss, a good example is sport betting, tomorrow we have


Chelsea vs Man city


Can u tell us how the match will end? The ball possession? The particular minutes they will score the goals? The persons that will score the goals? The number of corners? The number of red or yellow card? Who will win? Who will score 1st? Trust me no matter how u have study football, in fact. even if u have 50yrs experience in football u can not still tell us with 100% assurance how tomorrow game will end, so for this reason I will say that Robert kiyosaki statement is not always true, but true 90% of the time






Trading is an advance gambling,

B4 saying trading is not a gambling 1st of all go and check the meaning of gambling then compare it to Forex


There was a man called Gambling he give birth to 6 children and the name of the 6 children are


1. Sport betting (gambling)
2. Casino (gambling)
3. Forex trading (gambling)
4. Binary option (gambling)
5. Cryptocurrency (gambling)
6. Lottery (gambling)



if u think Forex is not a gambling, then tell me with 100% assurance how EUR/USD will move on Monday, next week, next month, next year and the next 5yrs e.t.c

Mrscarter:


Well i dunno wat u think facts are but whatever makes u happy.
U could try guess bout me n presume whatever u like but u would never get it right in a million years lol. For all u know i could be from india or spain or the moon. I could even be a man lol. U dont know me n never will so it doesnt really matter what u think only what i know to be truth.
Either way run along n enjoy ur day

Mrs. Moon weldone

Mrscarter:


My type?
U know me?
Cos i promise u you couldnt be more wrong.
But believe whatever makes u happy.

I do not do "believe" I only do "fact"



What I said was a fact

iLegendd:
We don't care. We already know it will get to 1k before Buhari leaves.

If Tinubu takes over, we should be expecting 2k/$ before he leaves.

People should should be wise and keep their money in USD.

Seunisco:
Sorry, what’s wrong with the first position, I can’t find his account again

He is disqualified, I am surprised too