Sign In
Email Address:
Password:
Forgot your password?
Sign Up
Página Inicial Features Social Network Performance page Traders Brokers Desempenhos Fóruns

You are currently not signed in.

Please sign in or register.

Online Forex Trading: Are You A Lion or a Cub?

Página: 1
Nov 01, 2011 07:05 am
#1
asiaforexmentor User

Postagens: 35
Membro desde: 16/03/2011

Online Forex Trading: Are You A Lion or a Cub?

 

ONLINE FOREX TRADING

This is something very crucial in real life and in forex trading.

 

Before we start: Characteristics of a Lion (King of the Jungle)

 

- Calm
- Powerful
- Confident
- Killing Instinct

 

Have you watch documentaries before on how do lions hunt?

 

Although lions themselves are a powerful predator, they still do not go out right up front to the prey and start chasing them from afar.

 

What they do is that they will fix their target on the weakest prey and move slowly and calmly towards the prey without gaining any attention.

 

Only when they are close enough and confident of getting their prey, will they Strike.

 

Online Forex Trading: Are You A Lion or a Cub?

 

The nature of a lion and how he hunts his prey largely applies to forex trading.

 

Are you the type of trader who calmly wait for a setup (prey) to occur.

 

And if there is no setup (prey), they will retire back to rest and come back to hunt the next day.

 

OR – are you the trader who strikes everytime you see food. But to get themselves a back lash most of the time?

 

If you are the 2nd trader, you are like a baby cub.

 

When the cubs are young, their parents will teach them how to hunt.

 

And not to go out striking blindly.

 

Online Forex Trading: Are You A Lion or a Cub?

 

Being calm is the characteristic of a lion.

 

But when he strikes, he is confident of a Kill.

 

That’s what a trader should do as well.

 

We will lie in wait for a setup occurance, and when it occurs.

 

We will strike it without hesitation.

 

But if there is no setup, we will retire to rest and do our things.

 

I hope you find the above analogy interesting, and it’s time to ask yourself.

 

Are you a Lion or a Cub in forex trading?

 

Check out our online forex trading AFM winning Price ActionForex Course where i teach you the exact FULL Forex Trading System & Strategies that i personally use to be consistently profitable.

 

See you on the other side my friend,

 

Asia Forex Mentor
Ezekiel Chew
Asia #1 Forex Mentor

A complete professional forex trading system that even newbies can apply instantly. Asia Forex Mentor's forex course is now FREE!

Nov 01, 2011 10:37 pm
#2
uniquetrader User

Postagens: 939
Membro desde: 21/04/2011

Nice example and well explained. A good trader always wait for the right time. Beign hasty will only result in losses. Less trades with more winnings is much better than more trades with less winnings.

Stick to your rules

Nov 02, 2011 09:50 am
#3
richdadfx User

Postagens: 65
Membro desde: 16/10/2011

lion here. thanks for the insights.

Nov 02, 2011 06:01 pm
#4
illiterate User

Postagens: 561
Membro desde: 21/04/2011

Being calm is the characteristic of a lion.

But when he strikes, he is confident of a Kill.

That’s what a trader should do as well.



 

Nice statements. I do not consider my self a cub but not lion too. There is still a long journey to become a Lion.

https://www.fxstat.com/widget/link?t=medium&c=1&s=25892&o1=growth&o2=drawdown&o3=monthly&o4=equity

Dec 30, 2011 04:09 pm
#5
ironical User

Postagens: 734
Membro desde: 22/04/2011

Nice article. Nicely explained by the example of lion and a cub[grin]. This article made me smile[aww]

The good or ill of a man lies within his own will. – Epictetus

Dec 31, 2011 01:15 pm
#6
Sasha User

Postagens: 836
Membro desde: 16/05/2011

Originally posted by ironical

Nice article. Nicely explained by the example of lion and a cub<img alt=" />. This article made me smile<img alt=" />



lol. asiaforexmentor is a nice forex writer. (Dont know about coaching skills though). All of his articles are interesting.

Jul 07, 2012 06:05 pm
#7
randy181992 User

Postagens: 194
Membro desde: 26/04/2012

Yeah i am lion because now i can able to make a good amount of profit through it and i am just working hard here to create my strategy for another pair and increase my profit.

Jul 10, 2012 06:14 am
#8
Jogi User

Postagens: 685
Membro desde: 06/06/2011

Originally posted by randy181992

Yeah i am lion because now i can able to make a good amount of profit through it and i am just working hard here to create my strategy for another pair and increase my profit.



I dun think that u have read the article :). It is not about making profit. It is about trading style. Once u change ur trading style from newbie to Pro, you will automatically start making profit. 

http://www.fxstat.com/widget/link?t=wide&c=1&s=26883&o1=growth&o2=drawdown&o3=monthly&o4=equity

Jul 12, 2012 06:24 am
#9
uniquetrader User

Postagens: 939
Membro desde: 21/04/2011

Originally posted by randy181992

Yeah i am lion because now i can able to make a good amount of profit through it and i am just working hard here to create my strategy for another pair and increase my profit.



hmm can u show us ur account by linking it here. Also please tell us about ur strategy. 

Stick to your rules

Página: 1
 

Support

Plataforma

Legal

English فارسی საქართველო العربية Español Deutsch Français Português Italiano Türkçe 中文 اردو Русский
© 2024 FxStat Ltd. All Rights Reserved.

Risk Disclaimer

FxStat Ltd is authorised and regulated by the Financial Conduct Authority in the United Kingdom under FCA Firm Reference Number 537787. FxStat is a company registered in England and Wales under registered number: 07212997.

Trading foreign exchange ("Forex"), Commodity futures, options, CFDs and SpreadBetting on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange ("Forex"), Commodity futures, options, CFDs or SpreadBetting you should carefully consider your monetary objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your deposited funds and therefore you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange, Commodity futures, options, CFDs and SpreadBetting trading, and seek advice from an independent advisor if you have any doubts. Past returns are not indicative of future results.

Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. The broker/dealer and the referring broker will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Any information, recommendation or promotion whether by email, newspaper or flyer, and not limited to any communication method that directly or indirectly links to any area of FxStat website must state that the promoter is not affiliated with FxStat and that any claims made are not endorsed by FxStat in any way.

​