The rumors could be interpreted as information that is unverified. The truth of the rumor has not been ascertained and is usually spread by word of mouth. Rumors can be the same thing with rumors, hearsay, or gossip. Every rumor is indeed true and will not necessarily proven, but his appearance is always based on a thing.
The same can also apply to market conditions. As we know, very sensitive to financial exchanges with news that is being circulated in the market. It can even be said that the currency exchange rate moves was quite the news itself. In other words the news is driving the emotions of the market resulting in a centralized point balance on currency exchange rates. That's why the news is extremely influential investment portfolio against a trader.
Anticipation Towards Market Rumors
1. Looking for opportunities
Traders have a good trading psychology course will not be affected by the rumors and rumors are circulating. But that does not means he is not completely open position or just wait and see it. He will find the right position to make deals. Market berfluktuatif is the opportunity to take advantage as much as much. But surely in taking chance traders also use certain considerations and calculations. Don't just buy and sell origin.
2. Create a Trading Plan
Recognized or not every trader can have different views towards the market. Similarly, ways of thinking, risk tolerance and the target, surely will be different. Just because someone has a method of trading they can run well and successfully, the method is not necessarily a good fit for you.
Build a trading plan and run it well is closely associated with the discipline. But discipline is not enough. You have to have extra tight discipline. Have extra tight kedisplinan is the most important character of a successful trader.
Strict discipline needed to run a trading plan that we wake up. Trading plan itself is a guide as to what we should do, why, when and how we will do it. Trading plan covers our personality as a trader, private targets, risk management and trading system which we will apply. As the saying goes, If you fail to plan, then you have already planned to fail. That is, if you are planning to fail then it would fail. If you are planning a success then it will be a success.
The facts say failure in trading caused by because we do not have a trading plan or do not run trading plan well. So have a trading plan that suits your character as a trader, and continuously update its in line with your experience studying the market.
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