STRESS FREE TRADING - Page 481
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Thread: STRESS FREE TRADING

  1. #1
    Trader 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. #4801
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    The price is there to pay and its necessary to build a profitable system to learn about this trade and have proper practice that will always give us the means to develop very well in forex. It's have not been easy right from time and practice will very much give us the better chance to build a good system that will get on us and give us the very right opportunity to manage this market.

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  3. #4802
    Trader Rylai's Avatar
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    Quote Originally Posted by zaingj View Post
    The price is there to pay and its necessary to build a profitable system to learn about this trade and have proper practice that will always give us the means to develop very well in forex. It's have not been easy right from time and practice will very much give us the better chance to build a good system that will get on us and give us the very right opportunity to manage this market.
    Which means, trading won't become that stress when traders has their own best understanding with their strategy to trade confidently. many traders loses their trades because they're too scared of trading or executing their trades. things still troubling them to do their best effort in the business and this is what traders must resolve to build a strong mindset, a calm way to trade without any stress.

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  4. #4803
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    Trader usually get stress by choosing the wrong strategy there are so many strategies in Forex and every trader should choose his strategy carefully. Stress is not a good thing for traders we need to spend time on forex and make good trding plans to enter and exit from a trade. We can only have that stress free trading method through the learning of the strategy that actually permits the use of long term trading method.

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  5. #4804
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    Quote Originally Posted by Nova View Post
    Trader usually get stress by choosing the wrong strategy there are so many strategies in Forex and every trader should choose his strategy carefully. Stress is not a good thing for traders we need to spend time on forex and make good trding plans to enter and exit from a trade. We can only have that stress free trading method through the learning of the strategy that actually permits the use of long term trading method.
    Of course, when traders are trading with the wrong strategy, there is no way the trader will not be stressed, it will not be the fault of the market like that, it is the fault of that trader. We can get to trade the market without stress, all we need is to choose the long term trading strategy and manage it very well. We have to be disciplined as well.

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  6. #4805
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    we are really talking about money here and there is way we can start risking our money without feeling it because forex trading is risky and whenever you started trading it then you have decided to start risking your hard earned money over time, and that is what will cause so many of us to start being emotional but I think it can be controlled or bring under control whenever we understand what we are doing through investing time to really learn how to trade and making sure that we are only risking small amount of percentage of our trading accounts on each trades.

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  7. #4806
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    Here the means of having an easy means of making profits in forex is not that possible. You can excel in this market if you lack good knowledge and possibly good system in forex and building this doesn't come stress free. Working hard will help us a lot more and will give us the overall opportunity to work on our goals and see we can have the opportunity to build a high level means of trading that will give us the means to make proper profitable trade.

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  8. #4807
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    The trading strategy that we make use of will determine if we have the stress in trading or not. For instance a trader needs to follow a simple trading strategy and also needs to be on point with the use of money and risk management all the times, that makes the trading be a great experience and less of a hard trading decisions to be made.

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  9. #4808
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    Stress free trading is very possible but we must have the require knowledge and trading skills for us to be able to do that effectively,those we see trading stress free now have taken time to develop a good trading method,once we have taken time to develop a good system for ourselves then we can now trade stress free.

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  10. #4809
    Trader Toyen's Avatar
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    Quote Originally Posted by aish View Post
    The trading strategy that we make use of will determine if we have the stress in trading or not. For instance a trader needs to follow a simple trading strategy and also needs to be on point with the use of money and risk management all the times, that makes the trading be a great experience and less of a hard trading decisions to be made.
    We have to let go of all the trading strategies which will cause stress for our trading. To trade the market very well, we must use the trend trading approach for it, it will never let us to go astray as we trade. To trade without stress is what i do not believe that is possible, the stress could be reduced through our ways of trading, but i don't think it could be totally avoided.

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  11. #4810
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    Stress free trade is not easily achieved because this is soo essential thing to work with relax mindset and never dominate the stress on the mind so to exclude the stress and never work witht he stressful strategies is one important conditions for working with safety so we should try best to make the better strategies and also understood them properly for gain benefits and earn success more obviously through them .

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