Today's lesson will remove the cheating from your eyes and make you decide whether you are trading or gambling, so I want you to read the article until the last line and read it more than once if necessary, you should read today's lesson even if you do not have a problem gambling in the markets, Because you will certainly benefit from some useful tips that will improve your overall trading results.
The broker will finance his trading account for $ 500. If his balance is re-financed for another $ 500, he repeats this process again and again without changing his trading routine, his mentality or his strategy. He does the same for a week and stops the following week. In fact he made money. "I'm not exaggerating if we say that continuing to gamble your trading account in the Forex market is not just a financial problem but a folly," he said.
In any business such as trading where you are the owner of this work, and generally does not require any rules except those that you apply it may turn this work into addiction and you are looking for gambling. I am not here to tell you that you are a gambling addict. I am here to help you discover that you may be trading like a gambler and need to change the habit and start trading professionally. This lesson will help you transform your trading mentality and daily routines into a professional trader mentality so that you can avoid wasting more of your time and the owner you are tired of making in vain.
The difference between professional trading and gambling ...
In the course of trading, we may inflict endless financial damage. There are basically no rules in the trading arena, and there are no other than you. The loser and the winner are you alone, and you may think you are trading in the market against the rest of the participants, but in fact you are only trading against yourself. You are the winner or loser of money in the markets. My point of view is that when a person is placed in this unlimited trading environment, he has an infinite number of temptations to gamble with his money, so we have to develop a plan to resist this temptation. Many traders believe they are trading while they actually act just like gambling addicts.
Since it is easy to fall into the trap of gambling when you trade in the Forex market without even knowing it in fact, it is important to review some of the basic features of both the gambler and the professional trader to decide which applies to you more:
Key Features of a Forex Broker in the Forex Market:
• Has no active strategy
• Has no trading plan and does not use it
• Has no record of transactions and does not use trading books
• Does not show much interest in risk management
• Focuses all the time on profits and gains
• Excessive trading agitation often occurs
• Prolonging the trading process in the hope of unrealistic profits often
• Too many transactions
Key Features of a Professional Forex Marketer:
• Be proficient in using an effective trading strategy such as price action
• Has a trading plan in the Forex market and uses it
• Have a record of transactions in the Forex market and benefit from it
• Focuses on risk management and risk management in each transaction
• Do not over-focus on profits and gains
• Deals only if a trading strategy is achieved
• Do not get hurt by winning a deal or losing it
• Deals with trading as a business
As we see from the characteristics of the gambler trader in the forex market that came in the previous list, we are dealing mainly with the psychological traps and pitfalls we make ourselves when dealing with the market. Here I have the right to say that if two or more of the gamblers' features listed in the previous list apply to you, then you have to take some necessary action.
Unlike regular gambling addiction situations, a trader can break out of a gambler-like behavior if he accepts the idea that he needs to change his habits and then follow a pre-set work plan to start thinking and trading as professionals do.
Solutions for the Rolling Gambler in the Forex Market ...
If you find that there are two or more conditions that apply to you from gamblers in the Forex market, it is time to do something to change it. There is no flaw in recognizing that you are gambling in the market. This may happen to any of us, so I personally have already made this mistake. What you should focus on is to change this behavior and continually try to improve your behavior on the level of trading and on a personal level. Let's take a look at some of the most important things you might start today to transform yourself from a gambler to a professional trader.
Checklist for the Docker Marketer in the Forex Market:
• The first thing is to stop trading real money, you will have to rest a bit of trading with real money and beyond the stage of emotions and psychological restructuring effectively.
• Second, make sure you: a) have a trading strategy that you know is highly profitable, such as trading strategy on price action; b) fully understand how to use this strategy and that you have tested your demo account long enough to master it.
• Make a daily checklist or plan to trade in the Forex market, it should be the basis of your daily trading routine ... Write down your normal daily trading system so that you have something that guides you to the right path every day, Random deals or improvisation, this will help you more to consider trading it as a business and reduces chances of looking at it as a trip to the casino gambling.
• Have a risk management plan and make sure you actually stick to it by knowing you do not know when the losing deal appears. In other words, your trading strategy is randomly distributed over the series of transactions you make, so do not assume that you are out of a deal and risk more than you have Tolerant.
• Start making a record of all your transactions ... and do not deviate from this system.
• Limit your time in the market by doing three deals a maximum per week until you feel you are no longer gambling, and this will give you a strict rule of engagement and help you impose some discipline on your daily routine.
• Perfect your trading strategy and adopt a long-term strategy until your trading balance recovers from short-term losses rather than trying to "retaliate" from the market with a hasty return following a losing position.
• Always be aware of the trading mentality and try to control your emotions in the markets by applying the issues discussed in the article. If you feel something that drives you to trade unnecessarily or risk too much, simply leave the market. Also, work on maintaining a healthy trading mentality in the forex market within your trading plan and read it every day.
Professional trading in the Forex market is a matter of habits, and the first step to changing your habits from gambling to trading to professional trading is to decide if you have one of these problems or not. If you have the courage to believe yourself about it and find that you have a problem, please try to follow the previous points for at least one month and then see how improved your strategy and mentality of your trading and the safety of your physical condition as a whole.
Gambling traps that amateur expect and avoid ...
Some profitable trades often push amateur traders to think they are "on their way to something," but what usually happens is that they are making a big bargain and then quickly lose everything again, usually more than what they have achieved. Profit and loss This will return all your profits to the market again, making traders always in a state of gambling with false hope that drains something so their trading accounts are fully implemented. Humans always fall victim to the trap of randomly distributed gains. What happens is that when we make some lucrative deals, we see them as some sort of "special trading capability" and then end up gambling with our money in a futile attempt to continue profit. Some scientific studies have shown that we justify a repetition of this self-destructive behavior because of the temptation of large gains randomly distributed ... it immediately takes into account the image of lottery paper ... or go to the club and make big gains and then spend an unknown number of hours and money in an attempt Repeat this gain.
You should recognize this gambling behavior and try to get rid of it, because in fact it is part of the passion for gambling. Fortunately, we have very large brains. If we compare them with other organisms, they can plan and think in the long run, and do many other things. These are our primitive tools that we use to defend against the more primitive brain areas that tend to dominate most of our actions in the market and drive us to gambling. .
A professional trader in the Forex market constantly manages and thinks of his trading risks, they are disciplined and follow a strict business routine, and they know that they are doing business and dealing with it on this basis. A professional trader is not charged with the winning deal or even with a series of winning trades. They are neutral in their emotions for both lucrative and losing trades. Professional traders are more likely to stick to their trading plan and plan to save their capital than any profitable deal they can make ... because they know that if they manage their financing account properly, they will emerge.
Information you may not know about steemit
Introduction to Steemit.
Steemit is a blogging platform that pays you in a cryptocurrency called STEEM to post, upvote and comment on its content. It was created by the founders of the cryptocurrency exchange, Bitshare. They realized if people will pay money for data records, why not make those records tied to actually human activity? Reddit and Facebook have huge servers that are filling up with bits of data. If they made a social media site that records its activity logs using blockchain databases like Bitcoin does, they could pay people to use the site with the “money” their activity logs create.
I explained all of this to my brother a few days ago, and he replied, “So where’s the scam? How are the guys running this thing making money? There’s got to be a pyramid scheme in there somewhere.”
The answer to that question isn’t black and white, but before I explain it, I have to begin by saying, Steemit doesn’t cost anything. You don’t have to pay-to-play or buy anything. You just use the site, and they give you free cryptocurrency. If that’s a scam, then it’s one I want to be a part of.
The owners can make money by selling STEEM on the site. If you buy it, it might go up in value like Bitcoin, but it could crash if it never catches on. This makes buying STEEM tantamount to investing in penny stocks. The difference between STEEM and penny stocks is that penny stocks crash when the company doesn’t make enough money. STEEM will crash if Steemit doesn’t give away enough money. If your business model is based on giving away free money, it probably won’t fail.
Granted, STEEM isn’t technically free. You have to trade your labor for it in the form of blogging, voting and commenting. By blogging on Steemit, you’re technically working for free in the sense that the owners don’t pay you out of their pocket; they pay you in “stocks” that don’t cost them anything.
If there’s a catch to Steemit, it’s this. Like any business that issues stocks, it doesn’t put all its stocks on the market. The creators of Steemit keep most of the STEEM, just like Bill Gates and Steve Ballmer own most of the stock in Microsoft. So, while you might get sort-of rich investing in Microsoft stocks, you’re making Bill Gates and Steve Ballmer filthy rich without them having to invest any money.
The big question is, will cryptocurrency and Steemit continue to grow, or are they a passing fad? I believe cryptocurrency is here to stay for two reasons. First, as I’ve already mentioned, it’s a stable currency that transcends national boundaries. Second, it’s a useful way to buy products from online black markets without having to swipe your debit card. As long as there’s an internet black market, there will be a real-world need for cryptocurrency.
However, the future of cryptocurrency doesn’t depend on the black market. You can already use it to buy regular goods and services. You can even walk into many brick and mortar stores and spend it. Since cryptocurrency is already an established medium of exchange, I see no reason why people would all of a sudden stop using it… unless the entire internet crashed, which means the apocalypse has happened and every currency will probably be worthless at that point anyway.
The future of Steemit and thus the value of the STEEM cryptocurrency depends on people using the site. In order for STEEM to skyrocket in value, the site needs to attract millions of more users. Steemit is currently in its beta stage, which means it still has a lot of bugs to fix and features to add. Below is a list of things Steemit needs to do in order to go viral:
Sites help you in Steam to highlight your skills
dtube
dtube is a YouTube-like site associated with steemit for downloading videos
Site Link https://d.tube
dlive
site for downloading games and is linked to steemit
Site Link https://www.dlive.io
https://discord.gg/sfdNqv.
dmania
An image uploader is associated with steemit
Site Link https://dmania.lol
busy
A site for writing publications
Site Link https://busy.org
dsound
A special site for publishing songs, symphonies and some beautiful or funny voices
https://dsound.audio
utopian
A site for programmers who can correct some errors or give the new site
http://join.utopian.io
the bots
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this site for bots https://steembottracker.com/
How to Create Steem Bot Tracker?
STEP 1.CREATE GITHUB AND HEROKU ACCOUNTS
Heroku
Heroku is a cloud provider. This means you will not have to run your bot on your own computer. It will run on the Heroku cloud. When creating your free Heroku account, it will ask for your credit card information. This is because some dynos can cost money on Heroku but steem-fossbot-voter was designed to operate within the free account. Even several copies will not break into the paid services that Heroku provides. It will not use your credit card without you upgrading your account manually. By the way, I don’t work for Heroku. I’m only a user. So far, I’m using the voting bot as a free account.
STEP 2 .DEPLOY STEEM FOSSBOT TO HEROKU
In GitHub, go to the steem-fossbot-voter project.
Scroll down until you get to ‘Installation’.
FILL IN THESE FIELDS:
STEEM_USER: Put your Steem account name here without the @
POSTING_KEY_PRV: Your private posting key goes here
BOT_API_KEY: a password for your bot
Note: this should not have any spaces and be random, for example:
AOUNA039NA9SDJ
THAT IS ALL THE REQUIRED INFO YOU FILL IN.
You can leave these blank:
EMAIL_ADDRESS_TO
EMAIL_ADDRESS_SENDER
SENDGRID_API_KEY
You can leave these as the default:
COOKIE_SECRET
VERBOSE_LOGGING
HIT THE DEPLOY BUTTON
Wait a few minutes. The deployment can take several minutes and below the deploy button you will see it happening. Give it time to complete. If you have a failure because of sendgrid you can contact Heroku support and they will fix it. I had to create a support ticket in Heroku for the sendgrid issue, but it was resolved quickly.
STEP 3.FORK YOURE VERSION ON GITHUB
The reason you need to fork the project is to ensure that your voting bot gets automatically updated when changes are made to the GitHub project.
Return to the steem-fossbot-voter on GitHub.
At the top right you will see a grey button that says FORK.
Click that FORK button to create your own repository. You can use it for one or more bots you only have to fork it once.
Now that it is forked you will return to Heroku and click the purple hexagon icon for your voting bot application in the Dashboard.
Inside the Heroku dashboard for that app you will see a DEPLOY tab, click it.
Select GitHub as the deployment method and type steem-fossbot-voter in the search box.
Select your repository when it finds it.
To automatically update your voting bot when @personz makes a change scroll down and click ENABLE AUTOMATIC UPDATES.
STEP 4. MAKE YOURE BOT RUN
Now you need to make your bot vote hourly, and also tell it which authors to vote for. There are many different aspects of your bot’s algorithm to configure, but for simplicity, we are only going to set the bot to vote every hour, and to vote for certain authors.
1)Go to the RESOURCES tab in your Heroku Dashboard and click on the HEROKU SCHEDULER.
A new browser tab or window will open with the add-on settings
2)Click the Add New Job button.
3)Type in node bot.js in to the text box.
4)Set the frequency from Daily to Every Hour.
5)Click the Save button.
The task has now been created.
To add authors to your voting bot, you need to CLICK THE OPEN APP BUTTON
Then CLICK ON EDIT CONFIG
Add the names of authors to a whitelist, putting a blank space in between each name.
YOU’RE DONE!
This is a very barebones tutorial, and to get the most out of your voting bot, you’ll need to experiment with the different parameters of the algorithm.
This site will find out all about your account steemd
link of the site https://steemd.com/@hassanbenali
But it is strange that each has his own bot
For example, this is a special bot for @jesta
this is a special bot for @mrbean1
this is a special bot for @tisko
this is a special bot for me @hassanbenali
this is a special bot for @acidyo
etc
I hope this publication will impress you
I wish everyone a happy day
Source: http://www.learntotradethemarket.com/forex-articles/forex-trader-vs-forex-gambler
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More Info: Abuse Guide - 2017.
This topic was written in Arabic and translated into English and I did not steal it from anyone
I am 5 months in Steemit to make a strong account and come in a moment and go all out I wish you could find me a solution
You're bad. You have been flagged.
The solution is to make sure that going forward all your content is 100% unique and yours, not from wherever on the internet. It is not acceptable by community standards to post translations, articles that aren't yours, or unoriginal content without proper referencing and credit. Using bots to promote content that's not 100% yours is a bad idea as now you got flagged by other community members for it.
Yes thank you and I appreciate you
I will work with your companions, but I have lost all my money and everything has gone
@hassanbenali, you're bad! You have been flagged!
thank you
you we have a problem with me
@hassanbenali, you're bad! You have been flagged!
You're being flagged by abusereports now, which isn't a steemcleaners account. Your best bet is to probably re-evaluate how you use Steemit and move forward without any copy/pasting.
This post has been resteemed and received 30% upvote from @resteemvote and curation trail. Thank you for using our service @hassanbenali!
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What a great revelation! Thanks bro.
#resteemed.
thank you
This post has received a 0.87% upvote from
thanks to: @hassanbenali.
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This post has received a 2.52 % upvote from @speedvoter thanks to: @hassanbenali.
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Hiii friend @hassanbenali, I wrongly send your post's link to @therising bot with bid 1.120SBD and you got vote of 4.23 worth from therising.It is good luck for you and bad luck for me. So kindly send me 1.120SBD and give me favour . Thanks.
But I sent him in advance and gave me the upvte
How can he make 2 upvote for one account?
sorry i sent 1.120 plz check from steemd
you send 1.00 sbd and i send 1.120 sbd then total sbd become 2.120 you got total vote of 4.23. plz check my wallet, steemd, and therising details of last round.
Now I have 0.600 I will send it to you and the rest you will receive 4-upvotes in my groupe ok
no problem friend, as you feel easy.
where is your group and when voting,.?
You got a 5.26% upvote from @minnowvotes courtesy of @hassanbenali!
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This post has received a 4.65% upvote from @aksdwi thanks to: @hassanbenali.
Resteemed by @resteemyou! Good Luck!
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I was summoned by @hassanbenali. I have done their bidding and now I will vanish...
A portion of the proceeds from your bid was used in support of youarehope and tarc.
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Release the Kraken! You got a 2.50% upvote from @seakraken courtesy of @hassanbenali!
This is a very informative post but also mind boggling for a newbie like me with no experience in bot trades or anything.😱😰😵👻 i die.
You got a 8.20% upvote from @dailyupvotes courtesy of @hassanbenali!
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I think that helped a lot. Great!
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