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Covid 19 which has hit Indonesia since March 2020 to
really make members of the community must limit their movement space and must
stay at home. Even, they must stop all types
of activities that have the effect of mass concentration in large quantities.
At first
everyone almost agreed that silence at home was the most effective way to break
the chain of transmission of the covid 19. The good to time for staying at home
with the family. First month, second month and now more and more some months, working
has to be done from home. The learning
process must also be done from home. But corona virus can not be stopped for
now.
We have entered
what is called new normal but working is not same as before the corona pandemic. Everything
has changed.
For me, this is a great opportunity to improve the
performance of online business, especially forex trading. So this title I call
covid 19 is an opportunity to improve the quality of forex trading.
How to do it?
First, increasing my forex trading knowledge. Knowledge of various indicators both technical and fundamental as the basis for decision making to buy or sell a currency pair.
Second, after knowing the various technical indicators for trading, then this is also an opportunity to practice trading strategies, such as direct orders, pending orders, trading using only specific technical indicators or combining them with fundamental indicators.
Third, training sensitivity in making plans and executing orders. When will I enter the market and leaving it immediately.
Fourth, training my patience, and discipline to enter or exit the forex market.
Here are some ideas to improve trading performance in the era of covid pandemic 19.

The word 'loss' is certainly not a foreign word to you traders. For those of you, who had suffered a great loss or loss in a row, then look at your account balance eroded, do not be discouraged. There is always a reason behind every failure and there is always a way to be better.
Forex trading is not just about money, but also gives a number of other lessons that you can apply in life. The most important lesson is how you search and find opportunities, then take advantage of these opportunities to be profitable.
Analysis of the right opportunities commensurate generates profits.
Another lesson is the ability of observation, and this will greatly help in the search for earlier opportunities. Why trading can teach your powers of observation? Of course you can, because as a trader you will be encouraged to observe a variety of movement patterns, look for reasons to support 'why do you need to open a buy or sell here?'. Observation capabilities will help minimize the risk and provide a solid foundation in making trading decisions.
From both of these things, you can start to draw up a trading plan better. If you are really serious in the hone this skill, you can minimize the risk, know when to enter and exit the market, as well as when to vacation, moreover, you always know why buy or sell position is selected. Both of the above is not the lesson of the two days, but later the two would be a valuable capability that can be applied in everyday life, not only become a better trader, but also a better person.
Tag: Forex trading, Profit, Loss, Opportunity |