The Most Dangerous Time Forex Trading
Learn Forex trading time and certainly the most dangerous mistakes should be avoided traders. There are some things that you should know to avoid large losses due to the mistakes made, like this!
Ahead of the market closing on weekends
By the time the market closure, Saturday early morning exactly become the scourge of most traders, so not a few who prefer "closed shops" on Friday. Because the price movement of the time leading up to the closure of allegedly difficult to track. In addition, open positions are usually timed so close to closing the market so potentially floating until Monday, to pass through the holiday weekend.
At that time made possible the shocking developments happen so the huge gap at the beginning gave rise to a weekend. Stop loss or profit target easier ter trigger, especially if not install Stop Loss (SL), so the Margin Call is right in front of my eyes. Because the movements difficult to mapped, so reasonable if many traders who avoid these times.
Ahead Of The Decisive Moment Linked To The Political Situation In The Country
Year 2016-2017 diramaikan indeed by events related to the political situation in the country, such as the election and referendum. Where the characteristics of the event that is momennya cannot be ascertained, such as the release of the economic data in the forex calendar that has been scheduled. In addition, although the analysis has projected its impact if it can beat the kubu kubu X Y, but still the system of price movements spontaneously in the market can be opposite to the induced factors of euphoria.
In addition to the events that are related to the political system. Most of the traders usually avoid time doing forex trading related to the release of economic data that could potentially deliver a huge impact. For that, than you terlindas with the instantaneous volatility then the better looking for opportunities at other times. But although many argued that anytime is a great time doing forex trading is not the most dangerous, hence impossible to gain profit.
Post Big Win
If you belong to one of the people who experience loss after a big win, it is certainly much perceived by other traders, especially the newbies. As for the root of the problem lies in one's self-confidence as well as excessive lust for a bigger profit. Things you need to know is that is should be in control of the emotions themselves while drifting in a victory when you want to become a successful trader.
If you want to become a successful trader, of course should understand when should not trading so it could avoid the loss.