Last two points r almost invalid as long as reduction in stress is concerned. Neither scalping nor EAs can reduce stress but they can speedup ur loss if u r not a Pro. If u r a pro then u r already Stress-free :D.

Point 1 - If u have good understanding of breakout strategy and can successfully use it to at least breakeven then good. The breakout strategy u wrote is the breakout strategy concept. To make a full strategy u need to add a few more elements to make it successfull. 

Point 2 - Yes that is what all beginners should do. longterm trading + tight SL (not extra tight). 

Listen to some good songs, I suggest slow rock. forexmetal can help you in a better way. It's also get rebates for active traders starting from 0.5 pip. This way it also reduces you stress.!!

Originally posted by binufrancis

Listen to some good songs, I suggest slow rock. forexmetal can help you in a better way. It's also get rebates for active traders starting from 0.5 pip. This way it also reduces you stress.!!

Songs during trading??? You need calm environment. Songs may make u feel comfortable but it will divert ur attention. 

Originally posted by uniquetrader

 

Originally posted by binufrancis

 

Listen to some good songs, I suggest slow rock. forexmetal can help you in a better way. It's also get rebates for active traders starting from 0.5 pip. This way it also reduces you stress.!!

 

 

Songs during trading???" /> You need calm environment. Songs may make u feel comfortable but it will divert ur attention. 

Songs really make u feel "caaaaaaaaaaaaaaaaallllllllllllm" .. Can u imagine that most of the students feel it necessary to turn on musing during homework or learning. They consider music a comfortable environment.

It looks like u r not much into music and songs. That is why u consider them attention-diverters. 

EAs r really good in a sense that they have all things which r essential to be a pro. For example -> discipline. patience, accuracy and etc. The only thing that lack is artificial intelligence.

Professional attitude is best in reducing stress. Coz whenever u loose, u r stressed. With professional attitude u can get over it quickly.

Originally posted by Champ

Professional attitude is best in reducing stress. Coz whenever u loose, u r stressed. With professional attitude u can get over it quickly.

A big factor which causes stress is fear of loss. Usually traders invest a big portion of their savings and in some cases all of their savings. After spending most of their savings, it is very hard for them to remain calm. The result is panic in attitude and then loss.

Originally posted by Jogi

 

Originally posted by Champ

 

Professional attitude is best in reducing stress. Coz whenever u loose, u r stressed. With professional attitude u can get over it quickly.

 

 

A big factor which causes stress is fear of loss. Usually traders invest a big portion of their savings and in some cases all of their savings. After spending most of their savings, it is very hard for them to remain calm. The result is panic in attitude and then loss.

Exactly and the interesting thing is they ignore "Invest which u can afford to loose" statement. They treat this statement as we treat terms and conditions while making online accounts. 

Unfortunately this attitude cannot be stopped unless person himself experiences loss.

Originally posted by Sasha

Songs really make u feel "caaaaaaaaaaaaaaaaallllllllllllm" " />.. Can u imagine that most of the students feel it necessary to turn on musing during homework or learning. They consider music a comfortable environment.

It looks like u r not much into music and songs. That is why u consider them attention-diverters. 

hmm yes I agree that nowadays songs and music is considered compulsory while doing something. But I consider it something which distracts. During trading, u may want to hear very light music but pop songs will definitely divert ur attention.

The easiest way I have learned to handle or even reduce risk is through following the trend and standing stall in difficult situation. I mostly prefer using indicators like MA and SAR which are superb and helps with following the trend. It’s easier with broker like OctaFX who have epic cTrader platform that’s advance and highly upgraded with having latest technology in place which really helps with using indicators and keeping risk at bay and then eventually we are able to gain profits.