Position management, managing stoploss and knowing when to exist a trade - Page 4
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Thread: Position management, managing stoploss and knowing when to exist a trade

  1. #31
    Quote Originally Posted by silverlady View Post
    many conditions can be seen by traders of this business, and the good part of this is the way traders are making their trades. when traders are god to making their trades better with the use of their protection too, they will make their money nicely.
    That is correct, many conditions in here can be seen so we absolutely need to know the painful part. That is why we will always need a good stop loss in order to limit our own losses in here. Not all people are blessed to get a good luck after all So i believe that most traders will just got a bad luck part when they are trading forex as well. So a stop loss is absolute.

  2. #32
    Quote Originally Posted by sekiryutei View Post
    That is correct, many conditions in here can be seen so we absolutely need to know the painful part. That is why we will always need a good stop loss in order to limit our own losses in here. Not all people are blessed to get a good luck after all So i believe that most traders will just got a bad luck part when they are trading forex as well. So a stop loss is absolute.
    I think a trader should keep in mind that forex is a risky business which whatsoever outcome of the business depends on the trader who has done the business, to that the trader has to learn in other not to be a victim of the market. But still, it is crucial for ever trader to know how to manage their trading position and understand the market.

  3. #33
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    Quote Originally Posted by cutiekc View Post
    I think a trader should keep in mind that forex is a risky business which whatsoever outcome of the business depends on the trader who has done the business, to that the trader has to learn in other not to be a victim of the market. But still, it is crucial for ever trader to know how to manage their trading position and understand the market.
    [lang=id]forex trading is so risky when they come with lack of knowledge or do not know for what the thing should done, and why traders need to prepare themselves with well and at least understand the main basic of this business with how to use the trading system and follow the rules,[/lang]

  4. #34
    Quote Originally Posted by samprazaan View Post
    [lang=id]forex trading is so risky when they come with lack of knowledge or do not know for what the thing should done, and why traders need to prepare themselves with well and at least understand the main basic of this business with how to use the trading system and follow the rules,[/lang]
    Learning the basic of trading is important and should be the first thing that a trader must do before he attempts to trade in demo or real market, trading is a bet risky and unique business opportunity that if you make mistakes over and over again will give you many loses.
    " Trading is 70% Psychology, 15% Risk Management and 15% Strategy ! "

  5. #35
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    Quote Originally Posted by techboy View Post
    Learning the basic of trading is important and should be the first thing that a trader must do before he attempts to trade in demo or real market, trading is a bet risky and unique business opportunity that if you make mistakes over and over again will give you many loses.
    yes, the learning is important for traders to be making tehir money in this forex business. the learning is not the hard thing to do too. it is the mind of traders to this learning and the good work of traders which will get traders to knowing what to do and do things right.

  6. #36
    Quote Originally Posted by silverlady View Post
    yes, the learning is important for traders to be making tehir money in this forex business. the learning is not the hard thing to do too. it is the mind of traders to this learning and the good work of traders which will get traders to knowing what to do and do things right.
    Learning is the process by following which a trader can realize all the benefits that Forex trade has to offer. Forex trading is attractive and interesting to people that make profits here and as well not attractive to people who always make losses,but for it to be attractive to us we must know what it takes to trade.

  7. #37
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    Quote Originally Posted by shivanandfx View Post
    Learning is the process by following which a trader can realize all the benefits that Forex trade has to offer. Forex trading is attractive and interesting to people that make profits here and as well not attractive to people who always make losses,but for it to be attractive to us we must know what it takes to trade.
    Of course, the learning is good one for traders, that can make traders to know what to do after they have the understanding regarding the forex market. It is not a good thing to always trade without learning, even if it is a new thing, it is good for the trader to learn a particular things that will help them to do their trading well.

  8. #38
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    Quote Originally Posted by cozard007 View Post
    Of course, the learning is good one for traders, that can make traders to know what to do after they have the understanding regarding the forex market. It is not a good thing to always trade without learning, even if it is a new thing, it is good for the trader to learn a particular things that will help them to do their trading well.
    i do not see bad thing i learning, this is the way where traders can be prepared, and the more on what they are doing in the forex business will be known accurately when the trader is patient with what they learn. they will know how to sue their stop loss and have some good mindset too.

  9. #39
    Quote Originally Posted by silverlady View Post
    i do not see bad thing i learning, this is the way where traders can be prepared, and the more on what they are doing in the forex business will be known accurately when the trader is patient with what they learn. they will know how to sue their stop loss and have some good mindset too.
    Learning prepares us to be able to trade and earn good profits with less risk. If we could only do it well by starting in acquiring lots and lots of knowledge about the pair we want to trade and its market then we could earn profits that we aimed that could somehow change our lives for better if we could earn it consistently.

  10. #40
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    Quote Originally Posted by shivanandfx View Post
    Learning prepares us to be able to trade and earn good profits with less risk. If we could only do it well by starting in acquiring lots and lots of knowledge about the pair we want to trade and its market then we could earn profits that we aimed that could somehow change our lives for better if we could earn it consistently.
    Of course, when traders can not learn, they will not be able to earn, that is just the rule of forex trading, and it is always very good for traders to learn, that can make them know the environment they are trading, and they will have the best in what they are doing in the market and will not be regretting their move.

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