Why Your Should Not Change your Trading Strategy Even After 10 Losing Trades

profit-or-loss

Have you ever undergo losing streak? Then, you start to wonder is it something wrong with your trading strategy and maybe there is a weakness in your trading strategy that lead to your losing streak.

So, you try to tweak your trading strategy, starting it look good…then..BUMP! Again, you face losing streak…5…then 10…and you was wondering what’s wrong with you and your trading strategy…

The article that I am going to share to you today might be helpful to you. Why despite losing 10 trades straight, you should still stick with your trading strategy.

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12 Tips To Become A Profitable Part Time Trader

Profitable

If you still have a 9 to 5 job, becoming a professional trader in your spare time can be quite a challenge. Pursuing the goal of quitting your day job and trading full time often seems like an unrealistic task for most people, but there are certain steps that can help you improve your trading while working 9-5 and finding time for hobbies and your family at the same time.

Here are tips that will help you improve your trading while still working in your regular 9 to 5 job:

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EAs and trading robots don’t work. This is how to automate your trading correctly

robot-money-maker

I come across one of the trader article that share about EAs and trading robots and I think it is interesting to share with my readers.

Across my Forex journey I have come across with a lot of social trading (copy trades), EAs trading, Algo trading, you name it and I can tell you. Despite how promising those traders who initiate those program claim, end of the day I witness how many retail traders who use those platform not just didn’t earn high return that they being promise but lose a lot of their money, some 10 to 20k, some even up to 100k. It is crazy.

It is not to the extent that I feel EAs (Expert advisory), algo trading or so call trading robots are entirely useless but is more that most of the people out there don’t really understand what are those platform really for. What is on their mind is that they thought this automated service is there to help them reap enormous profit but what reality is there, is totally different with their expectation.

I believe below article shall share an useful insight regarding robot trading.

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