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Thread: Managing resources on achieving the better goals

  1. #1
    Trader lawners1791's Avatar
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    Managing resources on achieving the better goals

    Trading jobs is business as trader to manages the good work on arranging series with the customs on preparing the early stages of inauguration, complying with the deeper on attention within the exaggeration on concerning the middle ways between and the finale on decision on referring the best on options with the execution.

    Good trader entering with the basics on focus as following of sets with the rules of strategy on expending limit with the level on distributing of risks and the good resources on completing tasks of the good requests as managing the works of the trading jobs.

    The decision as trader to work on expending the use of the proper on size with the limit on releasing funds, the good times and more of the backup of resources by the entrance on managing extent of timelines on working of the good jobs those to gives of further to gains of the better goals on achievesment with the return on consequence.

    The strategy is to follows of the details on sets with the predetermined of terms to exceeds within the range of the given times of compliance.

    There are ways with the good attains of good entrance by the good trading jobs as trader might work of the good efforts on committing with the focus on managing customs of tasks :

    1. Lowering position size on lessening risk

    Attachment 12794

    Good trader entering works with the good supports of system by the selection as the returns of past terms of works with the evaluation.
    The decision on working of the less on level on risks should leaves of the wider with the chance as trader to spends of more with the times on managing the use of the system evaluation to gains of the better improvesment.

    2. Lowering exposure and managing only the secure order with the trading.

    Attachment 12797

    Trader manages with the use of supports as occupying sets of trading system and the proven strategy while keeping on running evaluation of the system to gains with the good commitments.

    3. Focusing only with the issue as having of the best on knowledge and the technical skills to manage.

    Attachment 12795

    Remember that currently the markets are highly correlated. Good trader works as focusing only with the issue as having of the best on knowledge and the technical skills to manage of the tasks along with the requests.
    To avoid the worse of risks as further to requests of the harder on works with the expends on resolving problems.

    4. Trade your strategies and maintained a balanced mind frame.

    Attachment 12796

    Good trader works on following sets of rules with the predefined strategy on managing tasks of the good requests on preparing order.
    Those as having with the distinct on limit with the customs as expending of good exchange on working of the trading manage.
    As further to improves of decision on competing challenge as running of the good practice of returns with the empirical works of arrange with the exploration and the exploitation of the higher stages on modulation.

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  2. #1231
    Trader cutiekc's Avatar
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    Quote Originally Posted by altafch View Post
    trading is really a challenging task with just simple analysis we can not become successful. we need of management also and you are exactly right if we manage trades we can increase balance and profit, but proven systems are hard to get because for proving any strategy it required good time of practice and experience and we do not have enough patience. so if we are doing this trade can simple for us
    It is challenging but then we ought to know that we have to give a lot of time to the demo account so that we can attain the knowledge and skills about how to trade it. In the sense that when we know how to trade the market. We can become profitable. Managing our account also has a lot to do with we attaining the knowledge to be highly disciplined.

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  3. #1232
    Trader Sascha's Avatar
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    Quote Originally Posted by cutiekc View Post
    It is challenging but then we ought to know that we have to give a lot of time to the demo account so that we can attain the knowledge and skills about how to trade it. In the sense that when we know how to trade the market. We can become profitable. Managing our account also has a lot to do with we attaining the knowledge to be highly disciplined.
    self investment in time and practice in demo are the best thing newbies must do before they jump to the advanced learning and practice with harder things. keep in mind that knowing one and two good things is good start to do, then we can improve ourself slowly. better goals in this business isn't easily achievable, it comes with strict challenges and long time to spend in learning. without doing all these things, it's really hard to succeed.

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  4. #1233
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    Quote Originally Posted by Sascha View Post
    self investment in time and practice in demo are the best thing newbies must do before they jump to the advanced learning and practice with harder things. keep in mind that knowing one and two good things is good start to do, then we can improve ourself slowly. better goals in this business isn't easily achievable, it comes with strict challenges and long time to spend in learning. without doing all these things, it's really hard to succeed.
    Yes it is necessary that a newbie keeps a realistic mindset right from beginning and neither expect easy income in Forex nor fast income. To manage our resources well we have to follow risk management, but many trader do plan to manage the risks but fail to follow it. This is because all cannot maintain discipline all through their trading and easily become emotional.

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  5. #1234
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    This is so important because it's through a proper management that our goals can look achievable. If we do not follow the right risk management, we put our trade on a high risk which could easily cause us huge loss in forex. The goals in this trade is to see we could win and have a profitable measure towards which we can earn from this trade. We must always learn to manage resources and we should have a plan that can help us to make the right profits in forex.

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  6. #1235
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    our goals are also our risk definer because if we have big goals then our risks will be more if we our goals are smaller then we can achieve them with low risk so we should choose goal where we can earn easily with less hard work and with less risk because higher risk orders can give us big loss. smaller profit is more better then losing money here

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  7. #1236
    Trader layigold's Avatar
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    Before we come to managing resources under the influence and control of a forex trader , there is need to align our trading goals to the principle of S.M.A.RT, which I hope some of us are already familiar with and for those who are coming across this fir the first time , S.M.A.R.T goals simply stands for Specific, Measurable , Achievable , Realistic and Timely . To manage your resources to achieve your goals , you need to align your goals with your values , assemble everything you need before hand , minimize potential challenges ( that is , manage the risks of trading so carefully ) ans reward yourself

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  8. #1237
    Trader Sixteen's Avatar
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    Our resources is our very trading capital and must be managed if really we would like to succeed and follow a good means to earn all the time. Bad management will cause huge loss of our capital and this is not the route I will advice any trader to follow. Knowing how to manage our trade will be a good one for us and will surely give us every chance to keep improving and having more profitable targets. The safety of our capital is necessary and sure remains the very opportunity for us to trade forex market.

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  9. #1238
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    In forex trading, we can manage our funds easily if we know about our risk if we want to earn slowly we can use low risk if we want to use higher risk we can use high risk, so it's on us and we can handle it by using lot size, keep in mind that if we have management we can increase our capital, actually in trading when we do not have management we can ruin capital which is the worst, so always do careful trading.

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  10. #1239
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    Quote Originally Posted by Sixteen View Post
    Our resources is our very trading capital and must be managed if really we would like to succeed and follow a good means to earn all the time. Bad management will cause huge loss of our capital and this is not the route I will advice any trader to follow. Knowing how to manage our trade will be a good one for us and will surely give us every chance to keep improving and having more profitable targets. The safety of our capital is necessary and sure remains the very opportunity for us to trade forex market.
    If we are not sensible in making good use of our trading capital, we will lose it easily and then soon find ourselves in severe financial problems. Managing resources is must to preserve and earn with our capital, but our own emotions and impatience will stand in our way of implementing these managements. We should know things that are not important and things that are important and also very important, like learning discipline.

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  11. #1240
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    AmitChallenger, without discipline we are nothing in trade actually, because if we do not trade with discipline we can not manage our account so make some rules and follow rules, actually when we do not follow rules we can not trade here well, so in rules these also should be define properly and make sure you not using greed, mostly when we move with rules it lead us to success

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