Comments on: Beware of The Trading Pandora’s Box

By: MUNGE GATHURI

MUNGE GATHURI — Sun, 30 Oct 2022 16:39:28 +0000

The truth and only the truth stop overtrading, stop risking too much for the beginners take this advice because for the old guards this resonates very well with us.
Have a trading plan, do not trade via the phone.
Please reread the article it is very significant if you want to survive in the game long enough.

By: Tadese Yaqub

Tadese Yaqub — Sat, 22 May 2021 12:34:07 +0000

U are a great tutor, God bless you. Ameen

By: david

david — Sat, 22 May 2021 08:04:22 +0000

Thank you for the great lesson.

By: Mark

Mark — Sat, 23 Feb 2019 08:53:05 +0000

Thank you for these 12 killer trading lessons Nial… this one can’t have resonated more… having blown the account recently…. I was just like Nail mentioned ticking along nicely for about 4 or so months… (3 years of screen time trying various momentum techniques with various success) but opened Pandora’s box by a couple of stupid decisions….. normally ok to recover BUT the next driver to accelerate my demise… was that I was depending on about 1R/day of success to cover costs and leave a margin to build the account (4hour signals)… that gave the second seed to destruction… to try and make up for stupidity and also make the coin to live off (two pressures)… my insight/after action review as if it were… is trade til you “got it” on a demo… as in the price signal with confluence etc… and also getting the feel off the currency pair or index or commodity you are trading… and then trade with an account big enough that a trade a week makes it all worth it!! Demanding too much of the system (i.e. too small and account) was my demise…

By: vincent okachi

vincent okachi — Tue, 19 Feb 2019 14:44:21 +0000

thanks so much,so encouraging.will keep learning and try the discipline thing.

By: Благодарность

Благодарность — Tue, 30 Oct 2018 09:36:07 +0000

good article!

By: Kwanele

Kwanele — Thu, 05 Jul 2018 17:39:13 +0000

Thanks so much. your articles are helpful

By: Dillon brunet

Dillon brunet — Tue, 08 May 2018 18:35:02 +0000

Technically the box/jar was actually a trap devised by zeus. He gave pandora the gift of curiosity and then gave pandora the box. So pandora opened the box because of zeus’s gift of curiosity not because she wanted to.

By: Muzamil Mingu

Muzamil Mingu — Sat, 05 May 2018 00:22:24 +0000

Thanks nial, your lesson very powerful

By: Khairul Nizam Adnan

Khairul Nizam Adnan — Sat, 05 May 2018 00:22:24 +0000

Cam teknik harapan yer neil

By: Muzamil Mingu

Muzamil Mingu — Sat, 05 May 2018 00:22:24 +0000

Thanks nial, your lesson very powerful

By: Abraham Mayova

Abraham Mayova — Sun, 11 Feb 2018 19:15:53 +0000

Am still trading on the demo and learning before taking the bull on the horns. Thanks for the information. There is so much to learn about how to trade like a professional. After reading your blog I gained wisdom and looking forward to learn more

By: Malay KP

Malay KP — Tue, 06 Feb 2018 05:33:53 +0000

Very good efforts a summary description of trading mistakes and their remedy. Keep it up, thanks

By: Mirza Akhtar Mahmood

Mirza Akhtar Mahmood — Sat, 27 Jan 2018 07:14:02 +0000

I love your article. simple, well-briefed.informative, consize and to the point. Thanks.

By: 許添富

許添富 — Wed, 17 Jan 2018 06:34:11 +0000

用意何在?

By: 周亚南

周亚南 — Sat, 13 Jan 2018 04:40:12 +0000

Can See it

By: Glenn

Glenn — Mon, 08 Jan 2018 22:17:38 +0000

Good info as usual.

By: Rahwa

Rahwa — Mon, 08 Jan 2018 09:06:56 +0000

I am advancing forward reading you articles.thank you very much for your help.

By: Samwel Nevada

Samwel Nevada — Sun, 07 Jan 2018 15:48:42 +0000

Great article…!thanks

By: Matthew

Matthew — Sun, 07 Jan 2018 12:27:22 +0000

Good, Good, Good, Thanks for your articles.

By: Roy

Roy — Sun, 07 Jan 2018 11:37:14 +0000

Another gem nial.
I have made all these mistake, especially overtrading, i now trade about twice a week, watching 15 pairs on the higher timeframes and i am almost profitable. thank you nial your articles are like a breath of fresh air, please do not stop writing them, we are listening, the ones who want to learn anyway!

Roy

By: Nelson Apoede

Nelson Apoede — Sun, 07 Jan 2018 11:18:23 +0000

Thanks Nial

By: Nelson Apoede

Nelson Apoede — Sun, 07 Jan 2018 11:17:53 +0000

An awesome lesson from a psychological point of view, I am going to try as much as possible to follow all the guidelines when am back live in the markets

By: Stuart Aitken

Stuart Aitken — Sat, 06 Jan 2018 21:03:12 +0000

To become a trader you have to think like a trader . Great advice.Thanks Nial

By: Robert Borgula

Robert Borgula — Sat, 06 Jan 2018 19:37:17 +0000

Pure wisdom :)

By: TerenceRaymond Demmer

TerenceRaymond Demmer — Sat, 06 Jan 2018 16:45:17 +0000

Thanks Nial, you speak the 100% truth about trading. I never miss a post!

By: Pramuan

Pramuan — Sat, 06 Jan 2018 13:36:42 +0000

You are number one Nial

By: TB Ron

TB Ron — Sat, 06 Jan 2018 09:49:42 +0000

Thanks for sharing nial..gbu

By: Chigozie Akio

Chigozie Akio — Sat, 06 Jan 2018 03:30:56 +0000

Good Topic, Good for the season and Timely.

By: Ernie

Ernie — Sat, 06 Jan 2018 01:05:52 +0000

I feel like every time I get an email from Nial it’s like a gift of superior wisdom that will increase my mental awareness. I have witnessed for myself that it is doing just that. There is only one email I watch out for now and that’s Nial’s next post. It took me a couple of expensive mentor courses and almost two years later to realize what I actually had all along with Nial’s approach. Please keep doing what you are doing Nial. I have seen a real difference in my trading skills over the last couple of months. Your weekly and daily commentary are gold in teaching me what to look for.

Thanks a Million! Very grateful.
Ernie

By: Brod Sergs

Brod Sergs — Sat, 06 Jan 2018 00:03:13 +0000

I love this post. I am guilty of opening the Pandoras Box this week. Now I am hoping to stay alive next week! Lol. Thanks Nial for the reminder. It came just in time

By: Peter Miller

Peter Miller — Fri, 05 Jan 2018 22:55:08 +0000

Very blunt and to the point, we as newbies have to learn to heed mistakes and listen to people like Nial, as someone once said ” Life is like a box of Pandora, you just never know what you are going to get next” – in all probability losers. Thanks Nial.

By: Ndubuisi

Ndubuisi — Fri, 05 Jan 2018 21:56:41 +0000

Great one Niel.Happy New Year to you and your family.
I have made such silly mistakes in the past. Now I am beginning to be patient with the markets to avoid the mistakes of overtrading.
Thanks so much for sharing your experience and knowledge.

By: Egwim Emeka Longinus

Egwim Emeka Longinus — Fri, 05 Jan 2018 20:44:01 +0000

thank you for this piece, its priceless.

By: KRISTOFA OKENTA

KRISTOFA OKENTA — Fri, 05 Jan 2018 19:53:20 +0000

Thank you much more seeing you have started the year for us with good intent.
We shall make it.
Happy New Trading year to you and your members.

By: Andrzej

Andrzej — Fri, 05 Jan 2018 17:35:50 +0000

A great lesson, each and every other thought that you are the best mentor.

By: Lazarous Kamanga

Lazarous Kamanga — Fri, 05 Jan 2018 17:32:40 +0000

Great article, Thanks Nial oce again

By: Daniel Enaholo

Daniel Enaholo — Fri, 05 Jan 2018 16:22:00 +0000

I’m a victim of trading on the go, and my story was “badly” bad. Each time I felt the heat of fire of retracement or anything against my position, I ran out of the kitchen!

By: Anastasis

Anastasis — Fri, 05 Jan 2018 16:04:09 +0000

Happy new year Nial

This year I started my demo ,and through your articles I am aware of the trading Pandora ‘s box.Your teachings and advice’s make me to take it simple stupid.

I am looking forward to join your students as soon as possible.May God richly bless you and your family,and keep on doing the good work.

From Anastasia

By: Katarina Marie

Katarina Marie — Fri, 05 Jan 2018 15:51:02 +0000

Still getting better! 100% right on the money;) Awesome article.

By: Akinyemi

Akinyemi — Fri, 05 Jan 2018 15:39:29 +0000

Hi,Nial!You are all right.you are my mentor and I have been following you for the past 4 years.I am now a profitable trader equally trading for a well-known forex broker .Consistently making money for the past 2 years with your mentorship.Thanks a lot Boss.It is not how far but how well….

By: Muchangi Mugo

Muchangi Mugo — Fri, 05 Jan 2018 15:37:26 +0000

One thing have taken from this article is taking my time to learn….its not easy esp in the trading realm cz of the urge of making money, but its worth it.

By: Stephen Clarke

Stephen Clarke — Fri, 05 Jan 2018 15:08:25 +0000

This is what Im learning from you, Nial – not to go looking for trades but to wait until a lovely ripe piece of fruit drops out of a tree right at my feet. My strategy yields a higher volume of trades tthan yours, but the point is the same: nothing but ripe fruit, gotten by standing under the tree, not by shaking the branches.

By: Gideon Dauda

Gideon Dauda — Fri, 05 Jan 2018 13:26:42 +0000

This article is timely. I became a victim of big position size with multiple position on a single pair, though it was a good trade on 15 minutes time frame. The trade gained much pips along side a trailing stop, I wondered why the trailing stop didnt lock my profit, exit the trade without hitting my stop loss.

By: washington

washington — Fri, 05 Jan 2018 13:21:57 +0000

Great. I have learnt a lot from you Lial. Trading is more that placing a trade but involves self discipline, emotional and psychological control, money management and other important factors. Thanks for continuously mentoring us.

By: Michael R. Tilghman

Michael R. Tilghman — Fri, 05 Jan 2018 13:02:01 +0000

Thanks Nial
Your articles are always knowledgble and inspiring.

By: Albert M.

Albert M. — Fri, 05 Jan 2018 12:51:19 +0000

Guilty of all of the weaknesses mentioned. However, the will to succeed (and a very low balance) forced a timeout and rethink. Your Pandora’s Box article is a God-send – thank you Nial.

By: franklin thangaiyan

franklin thangaiyan — Fri, 05 Jan 2018 12:17:18 +0000

????????????

By: Sylvester

Sylvester — Fri, 05 Jan 2018 11:08:24 +0000

Excellent article Nial!!! Yes I’ve made these mistakes many times and I’ve “been forced through my mistakes” to trade patiently and “safely”.

By: Gerhard

Gerhard — Fri, 05 Jan 2018 10:58:16 +0000

Happy new year Nial, all the best for you and your loved ones :) thank you for all the knowledge shared in 2017.