Study Guide for Come Into My Trading Room - Forex Factory
Study Guide for Come Into My Trading Room - Forex Factory
Study Guide for Come Into My Trading Room - Forex Factory
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94 ANSWERS AND RATING SCALES<br />
ten records, which allow him to review the behavior of the market, as<br />
well as his own, and make the necessary corrections. Discussing open<br />
trades with others is one of the most subversive behaviors, which is why<br />
a disciplined trader does not do it.<br />
Answer 17<br />
1. C<br />
2. D<br />
3. E<br />
4. B<br />
5. A<br />
Give yourself a point <strong>for</strong> each correct answer.<br />
Keeping your records up to date is one of the best indicators of your<br />
level of discipline. You will benefit from analyzing your records, but the<br />
mere fact of starting to keep them and keeping them up to date will put<br />
you a step ahead of the crowd.<br />
Answer 18<br />
E. 1 and 4. Give yourself 4 points <strong>for</strong> answering correctly.<br />
All traders, especially beginners, must focus on a few markets and keep<br />
grading their per<strong>for</strong>mance. Having too much money and chasing too<br />
many stocks tends to lead to sloppy trading. Making money is the overall<br />
goal of trading, but learning to trade is the essential first step. It is easier<br />
and less stressful to learn while trading a relatively small account. A feeling<br />
of excitement is a sign of trouble. The best trades often look iffy at first,<br />
and we take them only because our rules <strong>for</strong>ce us to do so.