Forex Trading with Minimal Risk of Loss
What I Question and Recommend Changing:
Psychological Mindset: Trading for Profit — a Misleading Approach
You might immediately think, "Why else would I risk my money and endure such a significant psychological and intellectual burden?" Of course, for profit and success. Let me explain what I mean by my doubts.
I have no intention of imposing my opinion or influencing you in any way. I simply want to share my findings and beliefs, which I have reached through extensive market experience and mathematical analysis. If my perspective interests you further, you can acquire my mathematically substantiated data and incorporate them into your own analysis, along with the approach in your trading.
The concept of “earning,” “income,” or “profit” in the market often clouds judgment, turning into an obsessive goal similar to the pursuit of Success for the sake of Happiness. However, just as in life where Success doesn’t always equate to Happiness, in trading, the chase for profit often leads to mistakes, emotional burnout, and capital loss.
Preserving capital is more important than multiplying it. This is indisputable, but in practice, the focus on Profit often prevails and significantly affects most traders psychologically. This approach does not deprive you of profits, as it might seem; on the contrary, it guarantees them in the long run.
This does not mean that there is no risk of losing capital (this cannot be guaranteed in principle due to the extremely rare, but possible arrival of "Black Swans" and man-made influence on the markets), but you will be able to See and Determine Signal and Critical Lines for your trading. We are moving on to another setting: trading for the sake of preserving capital.
My approach focuses on minimizing risks and maximizing capital preservation, which directly counters the main causes of losses among most traders. If you can stay in the market as long as possible without losing capital, the market will undoubtedly provide many opportunities to grow it, and automated trading will always be ready to assist.
If what I’ve written above resonates with you and you agree with this basic concept, then I am ready to provide you with more information for your critical evaluation.
What I suggest changing and using:
Psychological attitude: trading for the sake of preserving capital is the only correct attitude that will lead you to success.
35 USD
Your investment, which can transform your trading for the better, amounts to:
80 USD
I sincerely wish everyone to regain the effort, time, and energy that we inevitably invest in the Market through Success, Prosperity, and the Energy of Great Wealth.
Author of the strategy and recommendations
Eldar Lahotski