Channel Ranger-Qivana Business Review

[Mukesh]

While reading books or white papers on the psychological and emotional elements of trading are useful, to fully benefit, you need to combine it with real trading experience to put it into practice. Instead many traders opt to use a demo or simulator environment and these hypothetical Channel Ranger Review environments do not guarantee and are not indicative of future performance in a live account.Don't be fooled, while taking this path, you may think you're ready for real trading but the psychological element has been totally removed. Think of it like the game of golf; you can read about it, you can go to the practice range but to really benefit, to fine tune your game, you need the accumulated competitive experiences to be your best a golf.Transitioning from SIMULATION to LIVE!

What happens when your trading decisions don't work out, you are experiencing multiple losing trades, stopped out of positions only to see the market trade at the level you were anticipating.How could this be when you were so successful in simulation yet fail so miserably when trading real money?Feelings of desperation, failure, and misunderstanding are rampant. More than likely, the failure was due the hidden processes that were going on within the trader's brain for which he is totally unprepared.Lacking the experience to recognize and process these hidden thoughts and feelings, the trader becomes too focused on executing another trade. Anxious to make up for losses, the trader is unable to analyze the next trade objectively.

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Why does this happen? Why does what is going on within the trader's brain matter? The subconscious mind stores everything that is seen, heard, felt or thought. Then it retrieves this information to defend itself for survival and to solve problems. Trading is a new experience and, unknown to the trader, the subconscious mind is on high alert. It is observing and recording the event for future reference.Fear and anxiety are two of the most common feelings the new trader is facing, and both can result in the subconscious mind storing negative information whenever facing a similar situation again. And, with each new loss, the subconscious mind is responding with the stored information that it has available, which at this point is "danger ahead".

Thousands of people take to the internet every day to invest some of their savings into binary options trading. This is an easy to use and understand option which offers high returns on investment in a very short space of time.This type of option reduces the risk by giving the trader the amount they can get as a return before they invest any money. This type of option can also be bought in either direction, going high or low on stocks, commodities and even foreign exchange.It is very easy to work and the advantage is that you don't have to invest a large sum of money. If you think a certain asset is going to rise in value within the next day, then you can make an investment choosing the high option with a set cut off on date and time. This means you can get a good return on your investment within an hour or a few days, depending on the option you have chosen.