Yeste cashback forexday we have expla How Forex Rebates Worked the key to lasting premiumrebateforex in the forex HowForexRebatesWork (above), I believe it also brought you a lot of help, today we will continue down the above for you to think about the possibilities in advance to avoid the psychological fallout Now you think about the slot machine: you put money into the slot machine cashbackforexreview know bestforexrebaterates it is a random event, so you have no real expectation of winning or lose any pull arm so the expectation of the outcome of the slot machine is consistent with the reality of the event itself but in trading in the forex market you will find a certain forex trading pattern that happens to apply to you and therefore may work again once you commit to this mindset then you are actually digging a hole for yourself you forget that every trade is a random outcome unrelated to the most recent trade just Because this same pattern was a winner before doesnt mean the next one will be, even if they are exactly the same now, obviously if you have an effective trading edge like my price action strategy you can greatly improve the chances of winning at the slots, but the outcome of any one event (trade) is random so you cant allow yourself to be influenced by any one trade this If you have a 60% win rate, remember that it is achieved through a series of forex trades, which may mean that you lose 5 to 10 times in a row. This does not mean that you panic, because in the forex market you stick to your trading plan and trading strategy and continue to participate in trades as they form. Trading because you need to trade a large enough sample to see your edge therefore you need to change your mindset, you need to eliminate the possibility of disappointment in trading through probability Every time you enter into forex trading you are in a state of blind selection, dont expect that you will be able to get a particular result if you can do this you will think about how the forex market actually exists and you If you could do that, you would think about how the Forex market actually exists, and you would let yourself profit from the Forex market instead of taking a hit like you are now How to Eliminate Trading Mistakes and Start Making Money You rely too much on the trade you think ’looks so perfect’ it’s impossible to fail’ so you double your risk in hopes of achieving a ’home run’ but, when trading in the When trading in the forex market fails, you experience severe emotional trauma and frustration, which can cause the snowball effect to begin You start to feel angry, so you jump back into the market and take bigger risks in the hope that you will be able to pay back your losses This can continue until you lose your account, which doesnt take long The key is that all of this emotional conflict and frustration and the snowball of trading mistakes it causes can be avoided by Change your thinking to avoid that is, as mentioned above, by considering your trading probabilities, you will surround yourself with the main reason why most traders lose money: Expectations Think about when you are demo trading You are probably doing great, just like many Forex traders Why are you doing great? Because you have the right thinking about trading…… you have no real expectations about trading because no money is on the line, so you don’t care if the trade loses or wins right there, you don’t have to care if you lose or win on any one trade and do that by considering the probabilities If you can do that, then you will be well on your way to being in the market Get consistent money