The second lesson:Tortoise vs Here an example of trading
Everyone knows the story of the tortoise and the Hare, but what you don’t know is that this story can be used as very effective analogy to describe the differences between winners and losers in the Forex market. Like rabbit, you probably have seen a lot of excitement and success being framed for you too when you start trading with a real account. However, it’s probably because you haven’t gone neat and quickly during your trading approach, you may see the near success of your leaking over time, just as happened with rabbit.
While the turtle is much slower than the rabbit, but keep its persistence and her passivity, so I won in the end as you know.
Thus, your goal as an investor should be more like the tortoise, not the Harestyle, this is the way winning the trading game. Are you a “turtle“ or “rabbit“ in the market? In the tale of the tortoise and the Hare, the rabbit starts racing with the irony of slow turtle, convinced that he is the winner of this race. While acting as emotional turtle, but with a lot of confidence, and start the race slowly but steadily and consistently from the beginning.
While pursuing the rabbit gets distracted attention from other animals along the way, it stands sometimes to show courage to the rest of the animals, and sometimes takes a NAP on the way, unfortunately, the loss of coherence and consistency at the rabbit, in addition to emotional disposition is the fundamental reason behind the slower tortoise losing to him, even though he began the race with a physical feature guaranteed win easily.
And with that the turtle was winning position is weak because of the physical nature of the slow, but because its more stable and consistent, managed to win at the end of the race.
This story of the rabbit and the turtle is really a good description of the basic differences between investors who lose money consistently the Forex market and others who earn money constantly.
The investors who are trading in a random manner and are not fixed and are affected by the art of halqa, they usually suffer a lot during their trading, those investors who are trading like a rabbit.
On the other hand, investors who follow the slower and more consistent approach, such as the turtle, enjoy the many features in the long term.
Anyone who follows my trading tips, know well I invite to follow trading with low frequency.
In fact, the high frequency trading usually reap less money over the long term compared to the lowfrequency circulation and most stable, such as the “tortoise”.
Thus, the reliance on low frequency trading is the best way of making a lot of money in the market over the long term.
Trading is not a short race Marathon fast Note well I finished the preceding paragraph talking about the “long term”, that is the main point in this lesson.
It is not hard to be lucky and win over a few of your circulation transactions, however, are not important to their win during the first month of trading, but the important thing is to be able to stay patient and disciplined in the face of the constant temptation to overuse the circulation and use of leverage.
Turtle kept pace in the race before the Bunny, this enabled them to eventually overcome the rabbit, which is no longer himself to race properly and did not give enough thought to the race.
They find that Bunny dawn fully running fast at the beginning, that racked fatigue in mid race, and this finally led to losing to slow turtle. Many investors tend to focus too much on the short term, as they deal with their like Sprint and race to the finish line. When investigating the win on a few deals, they tend to overuse and abandon the steadiness and consistency during the coming trading deals. So instead of thinking calmly and not to preserve what has been achieved successes.
Just as did the tortoise, you must maintain your energy to win the race. In other words, you need to keep your trading capital for conditions of high probability of price movement, rather than waste it on random bets in the market.
The tortoise wins big award Despite the difficulties that jammed in front of the turtle in the beginning of the race, but they finally managed to win the Cup back home.
This is exactly what happens in front of two investors start trading users different size trading accounts, one big and one small. After three years of trading micro account holder may find he has a lot of money in your trading account by more than one other investor who began trading with a large account.
This command is repeated continuously in the market, it is not important how much money you have, but what matters is your ability to trade and manage your passivity and your money into the market. Consistency always leads towin in the end. As previously discussed, it is necessary to preserve your capital to use in conditions of high probability of price movement, instead of using whatever you have quickly in the first trades.
The Bunny made a lot of energy at the beginning, while the turtle is kept steady. Similarly, you need to keep your money like a turtle so you can stay in the game to achieve sufficient profit at the end of the year. This often find many investors are putting their own trading accounts for a lot of damage very early, sit on the chances of achieving high profits at the end of the year.
The end of the second lesson
the second lesson:Tortoise vs Here an example of trading
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