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Thread: STRESS FREE TRADING

  1. #1
    Rookie kagho's Avatar
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    STRESS FREE TRADING

    yes this strategy is just like i said(stress free) for you do not need either a stop loss or a take profit.you dont need to constantly watch the market for trading signal or the direction of the trend.

    WHAT DO YOU NEED
    common sense
    a lot of patience
    you need to trade a currency ie. USD , EUR, etc.why am i saying this this is because pairs eg eur/usd dont trade or move on their own thier movements is determined by the action of the euro or the usd, it usd is stronger then eur/usd will sell and the opposite for euro

    THE BASICS
    say you analyze the market and see that the usd is strong.so traditionally you will sell the eur/usd and place your stop loss and the take profit then wait for either one to be hit.if you were right you get your profits but before you do you have decided that you are ready to lose the risk ie stop loss in an attempt to make the profit.

    WHAT I WOULD DO
    if i see that the usd is strong and the eur is weak, i would also look at other correlated pair like the gbp/usd and then arrange them in the order of the strongest to the weakest and say i find that we start with usd as the strongest then gbp and eur as the weakest,so i would trade the usd currency
    i will sell eur/usd for i expect it to sell more than gbp/usd.but because we are never too sure of our trades and nothing is a guarantee in forex then i have to put a safety measure on the trade and because i expect the gbp/usd pair to also sell as they are positively correlated i dont sell it too but i make it be my safety line so i take the opposite trade on it.and that will be a buy position

    WHY YOU ASK
    if the trade goes as i had analyzed then this will mean that eur/usd sell will be in profit as the usd was strong and the eur was weak.but gbp/usd would be in a loss as the usd was still strong ang gbp was weaker but not as weak as the eur so this means that the profit will be more in eur/usd than the loss in gbp/usd.so overall i will be in profit.
    the purpose of the counter trade is to caution you against losses
    what if i was wrong then the eur/usd would be in a loss but the gbp/usd would be in profit this means i may be in profit and if it is a loss then it is a small loss so what i will do i just hold on till when the results are good and close both of them
    WEAKNESSES
    so far so good the only weakness is that some trades my take up to a week before they get to where yuo want to close them out
    some times the profit is not much but it is still a profit
    there is never a sure way of telling the strongest and the weakest currency but you can start off at looking at all the usd,eur etc pairs then the one with the most buy positions is the strongest and the opposite is true for sell

    lastly i dont think that posting even charts is as important for we are not trading any parttern or resistance or support, but i will keep you up dated on the trades that i take from now on.hope we move along perfectly

    CONCLUSION
    all criticizers ,newbie and pro traders are welcome for a healthy contribution
    this is just a guide and even if i had a million pages i cannot talk about it all so it is up to you to test it out and find out if it is working out for you .

    thanks to all

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  2. #3921
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    I see the strategy ,we can earn a lot of money by working in the long term strategy , many traders use the stress free trading system . we choose the best strategy and choose the best and only one indicator for the trading to earn a lot of money . we stop the loss and earn money by small patient of work.

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  3. #3922
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    Quote Originally Posted by BOSST View Post
    Stress free trading is very possible but for those who have what it takes only,for one to be able to trade stress free it is very important that we have complete knowledge of the market and what it entails only then can we be able to talk of stress free trading,there are a lot of traders who do not even single idea of the market but want to trade stress free.
    Yes stress free trading is possible but trader has to do hard work for getting success.Learning is the most important thing for trader therefore trader should spend his good time for learning and do more practice for getting good trading experience.Trader usually get stress by choosing the wrong strategy therefore trader should choose the good strategy and trade the trend.

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  4. #3923
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    Quote Originally Posted by sehr View Post
    Yes stress free trading is possible but trader has to do hard work for getting success.Learning is the most important thing for trader therefore trader should spend his good time for learning and do more practice for getting good trading experience.Trader usually get stress by choosing the wrong strategy therefore trader should choose the good strategy and trade the trend.
    But this is possible in those terms if we have strong strategies for use and if we spend time on this for getting favorable results so keeping the trade far from stress is possible if we give time and experience well and through the better knowledge and skills to manage the trade we will definitely approve our success without any stress factor .

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  5. #3924
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    One of the very way to make profits is building a strong trading system we can depend on. It's not always easy and the decision we should make is to work hard and build the right system that will give us good earning. Stress free trading is not possible so we should make up our mind to take learning seriously and follow the demo account because it's the way we can build that system that will lead us to establish a good trade. From trading we can enjoy forex and we can have what it takes to make it through.

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  6. #3925
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    Quote Originally Posted by Sixteen View Post
    One of the very way to make profits is building a strong trading system we can depend on. It's not always easy and the decision we should make is to work hard and build the right system that will give us good earning. Stress free trading is not possible so we should make up our mind to take learning seriously and follow the demo account because it's the way we can build that system that will lead us to establish a good trade. From trading we can enjoy forex and we can have what it takes to make it through.
    I do not agree that stress free trading is not possible. It is possible but trader has to use normal size lots and have a goal to earn a few percents per day but to double an account using highly leveraged scalping with large risks. Big stress will not let to make good trading decisions and trader must trade with cold mind.

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  7. #3926
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    Quote Originally Posted by Sixteen View Post
    One of the very way to make profits is building a strong trading system we can depend on. It's not always easy and the decision we should make is to work hard and build the right system that will give us good earning. Stress free trading is not possible so we should make up our mind to take learning seriously and follow the demo account because it's the way we can build that system that will lead us to establish a good trade. From trading we can enjoy forex and we can have what it takes to make it through.
    Trading without a trading system will only be a source of stress so our efforts should be centered around building a trading system and building our mindset. No one likes to witness stress and frustration during trading, but most of the traders trade with the wrong concept or mindset that make them victim of these. This business involves lot of risk and so chances of our getting stressed here are huge, until we know the business really well and are disciplined.

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  8. #3927
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    I am not sure that stress is suppose to be part of forex trading , but sometimes, we do have some stress as forex trader, and there is one major thing that can cause traders to go through stress in the forex market from time ti time , and that is inadequate knowledge about the business and the market.Having the knowledge of indicators and how to use indicators is not the same as having the knowledge of the forex market itself, but very unfortunately, we pride ourselves today as forex traders because we know how to apply one or two indicators.

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  9. #3928
    Rookie ict2014's Avatar
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    Quote Originally Posted by glory3 View Post
    I am not sure that stress is suppose to be part of forex trading , but sometimes, we do have some stress as forex trader, and there is one major thing that can cause traders to go through stress in the forex market from time ti time , and that is inadequate knowledge about the business and the market.Having the knowledge of indicators and how to use indicators is not the same as having the knowledge of the forex market itself, but very unfortunately, we pride ourselves today as forex traders because we know how to apply one or two indicators.
    Dear just enough knowledge and experience would not help a trader to stop his bad trading. Because most of us treat the forex as a game. If a trader no strong determination and good attitude his all type of knowledge and skill will be priceless. Sorry to differ with you. If you make a calculation on failure and what are the major reason behind their loss you will get a bad attitude and a weaker determination as a major. I am not against learning reality is that when a man three more years in a trading business automatically he adapt maximum profit making knowledge. So knowledge needs to make by affecting domain.

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    Last edited by ict2014; 04-21-2019 at 05:33 AM. Reason: correction

  10. #3929
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    There are quite a lot of mistakes that the trader will make and they need to learn from, there will always be stress in the business and all that, you will make mistakes and then have to learn from it and improve, there is no way you were going to just start trading the market and then expect to make profits from the market at once. So, be ready for that and then get more ready to learn and improve your skills.

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  11. #3930
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    To be trading forex without stress means that you have spend time to learn and understand how to manage this business perfectly well, in the beginning we cannot trade without stress because there are a lot of basics aspects we still lack that make it difficult for us, the only way to make trading stress free is for you to learn and master how to trade forex.

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