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16/53
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Technical analysis can be divided in two major categories: objective and subjective. Subjective technical analysis is defined by methods and patterns that are not clear, and a conclusion from this type of method reflects the personal interpretations of the analyst. This creates the possibility that two analysts applying the same method to the same data can have different conclusions. Because they come from personal experience, these methods are not testable. Subjective technical analysis cannot be called wrong, this would have been in the case when it can be tested and rejected by evidence. Nevertheless, if you ask traders about it, many of them will strongly believe in their own subjective analysis. This is a consequence of the erroneous beliefs.
The human mind is built to look for and find patterns, even if they are just an illusion. Human nature is repulsed by the new, unpredictable and unexplained, so our mind tries to seek order and patterns. Acquiring knowledge can fail in the following ways: learning falsehood or failing to learn the truth. Of these two, the mind is more keen on adopting falsehood.
Cognitive phychology is concerned with how humans process information, draw …
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Agnessa26 avatar

Good job

Ivory avatar
Ivory 8 Aug.

Thanks for the feedback.

9jakas avatar
9jakas 8 Aug.

Good work

Ivory avatar
Ivory 8 Aug.

Thank you, good luck to you too.

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15/43
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Brokerage firms between illusion and realityGood afternoon, all the better to love and satisfactoryMorning lights and good things ..-  When we look back together beginning in the field of forex We all know that there are many steps Which hoped to learn at first, to Only recently that the majority of paying attention to this veinAnd a series of errors, duplicate And then learning has passed some of these errors .- Yet fully aware that the novice The importance of capital management After a certain time of tradingAnd then some of the losses that wipe out the profits realized Based on unconscious Is the case with many brokerage firmsWhere pay attention only when a problem occurs with broker As for the withdrawal of moneyOr in some conditions Existing in the contract which you signed With the company without being read ..- When it comes to brokerage firms, the words are frequently And long, There are those who renounce  the company (...)There are those who accuse the company (..) Fraud and theft To another of the stories and topicsYou are aware of them And passed on all of us, whether novice or a professional in this market ..- What I saw my point of view and unfortunately it Often the…
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Edziukas12345 avatar

Its important to choose a good broker first +1

Abdoo avatar
Abdoo 11 July

@litsat / yep you are right

Abdoo avatar
Abdoo 11 July

@Edziukas12345 / yes that is the first step

madihazulfiqar avatar

good keep it up

Abdoo avatar
Abdoo 29 July

@madihazulfiqar : Thanks

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17/94
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Warning: this article is NOT about trading plans, golden systems, reasonable money management, psychology of trading and most of all quitting.  Only constructive, cold analysis for better understanding of matter. Forex market attracts many young, ambitious minds filled with dreams. They all are lured by illusion of quick gains. They read somewhere that majority of people lose on forex market and they think “Not me, I ‘am not majority, I’ am going to show them!”.  But after couple of months of excitement learning, after testing hundreds of strategies and blowing deposit couple of times the illusion is starting to blur out. They are starting realize that this is not that easy as it was looking at the beginning. Now, how people are achieving proficiency and success in any category of life? They are practicing, practicing, practicing. They make mistakes, learn from them and then practice some more. Ok, but why forex trading is so distinguish from others disciplines? The cost of mistake. The success is useless, because it teaches us nothing. Mistakes in other hand brings us value experience from which we can learn,  that way we can develop our skills and make progress. But different …
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doctortyby avatar
doctortyby 13 Sep.

If you don't make mistakes, Success is just luck, and sooner or later turns against you.
Good Luck, My friend, +1

Iraklitos avatar
Iraklitos 13 Sep.

Good article. The problem in ForEx though is that there is no easy way to measure what is a mistake, so that to learn from it.

Livornese avatar
Livornese 13 Sep.

Some food to the brain! Good points!

amerfx86 avatar
amerfx86 14 Sep.

very good article :-)

Blackberry avatar
Blackberry 15 Sep.

Very nice article :)

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