If you enter the Foreign Exchange Market scared to invest and trade your cash, you are going to lose your cash. A Wall Street mogul will inform you point blank that scared cash never ever earns money, which’s the outright fact. If you are terrified to take the threat when chance presents itself, you’re never ever going to make a reward.
China Mobile Games (CMGE) is Oversold: Can It Recover?…China Mobile Games (CMGE) is Oversold: Can It Recover?
Do what you can to automate your trades. Foreign exchange trading can become very addicting and dangerous if you are trading with emotions. Setting up automated systems for trades can take the threat of a psychological trade away. If your trading system tells you to take the cash and run, then do so. Follow your systems not your emotions.
Additional resource on RSI Indicator
- DO Crosses Critical Technical Indicator – Forbes
- WhenToTrade | Enhanced Cyclic RSI Indicator
- RSI of Volatility Indicator – Adaptive Trader – WordPress.com
- RSI Indicator with Martingale Position Sizing – Marketcalls
- The secret of RSI Indicator