STRESS FREE TRADING - Page 490
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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. #4891
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    Having a stress free trade is completely not easy and its for traders who must have followed the means to practice and know what system can increase their trade. We always have to be professional in learning about that single way of trade. Keep in mind that you must get prepared to manage risk and build a trade that will help you with this risk management properly.

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  3. #4892
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    Stress can spoil the planning and a trader with having the stress on mind cannot avail any chance of earning so this is important for a safe journey in this market to get ride from the stress as soon as its possible and if the stress is going out from our mind we cannot avail any chances to get the betterment in the results with a stressful mindset .

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  4. #4893
    Trader Sascha's Avatar
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    Quote Originally Posted by stanlon View Post
    If the market is not stress free we will have hard time making money consistently, it is only when the market is stress free and we are comfortable trading in the market we can have the mindset of taking the right decision always, when the market is stressful for us we are likely to make a wrong decision that will make us lose, so we ought to make sure that we make the market stress free before trading.
    stress free is a condition of traders who has plenty of experience in the business as they're working with their plans and system accordingly. we can't compare such traders to beginners or those who's still struggling in the business because stress is their best companion during their learning since market is really hard to understand and give us stress after we confuse how to analyze it.

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  5. #4894
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    Stress is not a good thing that we should encounter in our trading, because the more the stress the more likely we are to lose money, so stress is not good at all, before we should start to trade we have to make sure that we have learn and get to understand how to trade without stress, if no stress the market will be so easy and simple for us to trade.

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  6. #4895
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    There are so many strategy of the trading , the best strategy that i like the most is the use of simple strategy in the trading . i trade by using the support and resistance in the trading . this is the best way to earn money . the forex trading is really stress free trading .we easily earn huge amount from the forex .

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  7. #4896
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    Stress free trading is possible when trader has good knowledge and trading skills.Forex trading is not easy trader has to do hard work for getting success.Learning is the most important thing for trader without learning no strategy would be good.There are so many strategies in Forex and every trader has freedom to choose any strategy.For stress trading trader should trade with patience.

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  8. #4897
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    Quote Originally Posted by Sascha View Post
    stress free is a condition of traders who has plenty of experience in the business as they're working with their plans and system accordingly. we can't compare such traders to beginners or those who's still struggling in the business because stress is their best companion during their learning since market is really hard to understand and give us stress after we confuse how to analyze it.
    I agree with you. Stress free condition is possible when trader has big experience and trading is his usual job so he does not worry about little losse because there is good risk and money management. Stress can be when new traders start to trade with big size lots and they want to double an account quickly so there are big chances to lose money.

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  9. #4898
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    Stress is never be good for traders and we are never nee to work on forex market with stress because when traders are make mistakes they are lose their money. WE must trade without mistakes then its possible for traders to earn profit on forex market. We all need to work hard on forex market because without hard work we will never be able to make huge pips profit on this market.

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  10. #4899
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    Stress spoil the whole plans ans our ideas so we must be have the stress free mindset then we can take the wise decisions which are very important to work well so without stress we can take the better opportunity to trade better and attain the higher profits chances also without any stress on the mind and we will get success .

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  11. #4900
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    It is very easy to spoil our whole trade plan because stress have ability to destroy our whole plan we use the best strategies through we have used the best system in trade and easily we develop our plan , if everything is in control so we should make our plan very well and our trade strategy will always give trader opportunity to make successful plan .

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