STRESS FREE TRADING - Page 5
Page 5 of 495 FirstFirst 1234567891555105 ... LastLast
Results 41 to 50 of 4944

Thread: STRESS FREE TRADING

  1. #1
    Trader kagho's Avatar
    Join Date
    Feb 2014
    Posts
    1,056
    Thumbs Up
    Received: 13
    Given: 19

    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

    Not allowed!

  2. #41
    Trader Hukam's Avatar
    Join Date
    Jan 2014
    Posts
    8,615
    Thumbs Up
    Received: 250
    Given: 495
    Quote Originally Posted by newentry View Post
    well, this is the way to maximize ourselves and not to get rich in a short time, i do agree with this, and it depends to us to view something and understand it, at this business, we need to use a simple trading system that is easier used by us, the consequences for this that traders will know for what they are doing,
    Yes and who those try to become rich in short time mostly blow their trading accounts in forex market, trading with low target is better than to focus on the big target. Understanding of this whole concept is very essential for a trader before investing any amount of money in this business. A trader should have basic knowledge of forex at first and after that this is the step to find out a good trading system.

    Not allowed!

  3. #42
    Banned
    Join Date
    Oct 2013
    Posts
    11,246
    Thumbs Up
    Received: 241
    Given: 193
    Quote Originally Posted by Hukam View Post
    Yes and who those try to become rich in short time mostly blow their trading accounts in forex market, trading with low target is better than to focus on the big target. Understanding of this whole concept is very essential for a trader before investing any amount of money in this business. A trader should have basic knowledge of forex at first and after that this is the step to find out a good trading system.
    actually, if traders think to maximize themselves, so i guess there is no problem for it, because this is not about to get rich in a short time but how to get the best performance and get the best results no matter how much, and it will push them to trade on the safest way because the emotion is low, and very different with them who think for making big money in a short time, the emtoion is too big and take the role to determine their final results, ended with blow the account

    Not allowed!

  4. #43
    Banned
    Join Date
    Sep 2013
    Posts
    26,777
    Thumbs Up
    Received: 290
    Given: 50
    Quote Originally Posted by Hukam View Post
    Yes and who those try to become rich in short time mostly blow their trading accounts in forex market, trading with low target is better than to focus on the big target. Understanding of this whole concept is very essential for a trader before investing any amount of money in this business. A trader should have basic knowledge of forex at first and after that this is the step to find out a good trading system.
    It is very wrong of any trader to be trying to get rich in the very moment, this will only be making the trader to make mistakes, and they will eventually lose all their trading account. Forex trading is better with low risk trading as you have said, and no matter the amount of money the trader is working with, they should risk nothing more than 5% of their account, and they should have good managerial system with it.

    Not allowed!

  5. #44
    Banned
    Join Date
    Oct 2013
    Posts
    11,246
    Thumbs Up
    Received: 241
    Given: 193
    Quote Originally Posted by cozard007 View Post
    It is very wrong of any trader to be trying to get rich in the very moment, this will only be making the trader to make mistakes, and they will eventually lose all their trading account. Forex trading is better with low risk trading as you have said, and no matter the amount of money the trader is working with, they should risk nothing more than 5% of their account, and they should have good managerial system with it.
    take the risk and minimize it, we need to trade on the safest way but it does not mean that we can not maximize ourselves to get the best earning, we just need to increase our trading quality and with the same risk we can make more , and then repeat it again and again to make balance grow better and we can get the chances to get more earning with the same risk percentages

    Not allowed!

  6. #45
    Banned
    Join Date
    Jan 2014
    Posts
    6,993
    Thumbs Up
    Received: 211
    Given: 390
    Quote Originally Posted by newentry View Post
    take the risk and minimize it, we need to trade on the safest way but it does not mean that we can not maximize ourselves to get the best earning, we just need to increase our trading quality and with the same risk we can make more , and then repeat it again and again to make balance grow better and we can get the chances to get more earning with the same risk percentages
    So many trader's wan to grow their profit that's why they use high risk to achieve that and its not good for traders, Taking risk is important because its a part of our trading but as you are saying it should be less or minimize, I have per trade risk capability is one two percent per trade, I never use more than this for my trades. I doubly know the high risk size result I want to do trade safety and less risk is better for my career.

    Not allowed!

  7. #46
    Banned
    Join Date
    Nov 2013
    Posts
    14,748
    Thumbs Up
    Received: 106
    Given: 14
    Quote Originally Posted by forexlearner View Post
    So many trader's wan to grow their profit that's why they use high risk to achieve that and its not good for traders, Taking risk is important because its a part of our trading but as you are saying it should be less or minimize, I have per trade risk capability is one two percent per trade, I never use more than this for my trades. I doubly know the high risk size result I want to do trade safety and less risk is better for my career.
    high risk trading is not good, it might make traders to get money as fast as they wished, but the results will not be nice they can lose all the money too, and the capital they are trading may be lost when they are frustrated and emotion. lower risk is the best fro me.

    Not allowed!

  8. #47
    Banned
    Join Date
    Sep 2013
    Posts
    26,777
    Thumbs Up
    Received: 290
    Given: 50
    Quote Originally Posted by silverlady View Post
    high risk trading is not good, it might make traders to get money as fast as they wished, but the results will not be nice they can lose all the money too, and the capital they are trading may be lost when they are frustrated and emotion. lower risk is the best fro me.
    It is very bad for traders to be risking too high, and if the management of the trader is intact and the risk is too high, the risk would still overcome the trading management of such trader. It is better to do trading under a stress free note, this will eventually let the trader understand all his dealings under the clear mind and never be frustrated.

    Not allowed!

  9. #48
    Banned
    Join Date
    Oct 2013
    Posts
    11,246
    Thumbs Up
    Received: 241
    Given: 193
    Quote Originally Posted by forexlearner View Post
    So many trader's wan to grow their profit that's why they use high risk to achieve that and its not good for traders, Taking risk is important because its a part of our trading but as you are saying it should be less or minimize, I have per trade risk capability is one two percent per trade, I never use more than this for my trades. I doubly know the high risk size result I want to do trade safety and less risk is better for my career.
    you keep tight risk management with well and not more than 2 %,. so it will give you more chances to trade properly and comfortable where the emotion is low too, it is better than so rush to trade with increase the risk but too danger to be done and will blow the account faster

    Not allowed!

  10. #49
    Banned
    Join Date
    Nov 2013
    Posts
    14,748
    Thumbs Up
    Received: 106
    Given: 14
    Quote Originally Posted by newentry View Post
    you keep tight risk management with well and not more than 2 %,. so it will give you more chances to trade properly and comfortable where the emotion is low too, it is better than so rush to trade with increase the risk but too danger to be done and will blow the account faster
    the risk management is good for traders, except that i believe you want to say the money management here as you say it in percentage. it is good to have low percentage in your account management, i do my own up to 10% and i do not have the problem with its doing.

    Not allowed!

  11. #50
    Banned
    Join Date
    Nov 2013
    Posts
    14,748
    Thumbs Up
    Received: 106
    Given: 14
    Quote Originally Posted by impexo27 View Post
    Stress free trading is very important in the forex market. Making money with a stress free strategy is very much the thing we need in our trading career. Yes that is very important and we must have a good amount of money and a less amount of risk to take in the forex market to make money.
    it is what i am working towards, and the fact of my money making are still not fixed, and i can still lose money in that way. but the truth of this matter is for traders to work with the good psychology while they trade and trade with simple trading strategy.

    Not allowed!

Page 5 of 495 FirstFirst 1234567891555105 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •