Forex Mom

We are what we think; all that we are, arises with our thoughts; with our thoughts, we make the world.

If there is such a thing as a secret to the nature of trading, this is it: At the very core of one’s ability 1) to trade without fear or overconfidence, 2) perceive what the market is offering from its perspective, 3) stay completely focused in the “now moment opportunity flow,” and 4) spontaneously enter the “zone,” it is a strong virtually unshakeable belief in an uncertain outcome with an edge in your favor.

Not predefining your risk, not cutting your losses, or not systematically taking profits are three of the most common—and usually the most costly—trading errors you can make.

The most effective and functional trading belief that he can acquire is “anything can happen.”

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Why won’t sharks attack stock brokers?
Professional courtesy!

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A Dark Cloud Candlestick Formation consists of a decision bullish candle followed by a decision bearish candle. Both candles need to have long bodies. The bearish candle must closer lower than 50% of the body of the bullish candle.

Dark Cloud Candlestick Formation

Dark Cloud Candlestick Formation

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I do NOT tell the market where to go, I must listen to what the market is telling me.

The market does not threaten me and I must not perceive the market as painful. I must view the market as a game… games are fun.

I must act without resistance or hesitation, but with the appropriate amount of positive restraint to counteract the negative effects of overconfidence or euphoria.

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A teacher, a doctor and an investment banker die and are in heaven.

God asks the teacher why he should be let into heaven, and the teacher explains to God that he taught small children how to read and write. God says, “Welcome to heaven, my son.”

God then asks the doctor what he had done in life that should allow him into heaven. “I saved people’s lives by curing their illnesses,” the doctor replies. “Welcome to heaven, my son,” God says.

God then turns to the investment banker. God asked him what he was, and the man replied that as an investment banker, he helped banks package their subprime mortgages into highly marketable CDOs. “Welcome to heaven, my son,” says God, “but you have to leave in two days.”

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Trading in the zone means that I have developed enough experience at trading that I can trade without fear. I know that I will sometimes loose when I trade, but I have already established a track record of winning more than loosing.

I am comfortable enough with my trading strategy that I do not have to stress about it, it is like breathing to me. I do not waste time second guessing myself. I plan my trade and I trade my plan.

I take responsibility for my trading and I focus on following my plan. If I follow the plan and the market still goes against me, I take pride knowing that I did it right. The backtesting I have done previously gives me the confidance that the market will only go against me a small percentage of time. Next time, I will win!

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An American investment banker was at the pier of a small coastal Greek village when a small boat with just one fisherman docked. Inside the small boat were several large yellow fin tuna.

The American complimented the Greek on the quality of his fish and asked, “How long does it take to catch them?” The Greek replied: “Only a little while.”

The American then asked why didn’t he stay out longer and catch more fish? The Greek said he had enough to support his family’s immediate needs. The American then asked, “But what do you do with the rest of your time?”
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Bullish Candlestick Formations –

  • Engulfing Bullish
  • Morning Star
  • Tweezer Bottoms
  • Piercing Line
Summary of Bullish Candlestick Formations

Summary of Bullish Candlestick Formations

Bearish Candlestick Formations –

  • Engulfing Bearish
  • Evening Star
  • Tweezer Tops
  • Dark Cloud
Summary of Bearish Candlestick Formations

Summary of Bearish Candlestick Formations

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1. consistent winners – fewer than 10 percent of the active traders.
2. consistent loosers – 30-50% of the active traders.
3. Boom and busters – 40-50% of the active traders.

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To realize the value of a sister/brother
Ask someone who doesn't have one.

To realize the value of ten years:
Ask a newly divorced couple.

To realize the value of four years:
Ask a graduate.
To realize the value of one year:
Ask a student who has failed a final exam.

To realize the value of nine months:
Ask a mother who gave birth to a stillborn.

To realize the value of one month:
Ask a mother who has given birth to a premature baby....

To realize the value of one week:
Ask an editor of a weekly newspaper.

To realize the value of one minute:
Ask a person who has missed the train, bus or plane.

To realize the value of one-second:
Ask a person who has survived an accident.

Time waits for no one.
Treasure every moment you have.
You will treasure it even more when you can share it with someone special.

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Gold Trading GCC

Gold Trading GCC

2 Great trading tools

Forex Smart Tools

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