small experience, good trade with small risk - Page 119
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Thread: small experience, good trade with small risk

  1. #1
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    small experience, good trade with small risk

    hy, I am telling a easy way of trade, I also have done it in starting days and also was good for new traders...
    ---first learn basic about meta trader which is important..
    ---then check the most best website for making analysis..
    ---check these all sites analysis
    ---check some signal sites also
    ---when we want to open order, check all analysis sites what they say about market, then make analysis from these, then check signal sites, if all are same open order..
    ---in this way not need to learn about indicators which become complex some time, but we need money management for trade, so learn must it

    I also used this in starting, this was good really, thanks

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  2. #1181
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    Possessing smaller amount of experience while trying to trade the real account is like trying to drive a car without having the steering and break pedal and you fully understands that it is a recipe for disaster and the same is applied when it comes to forex trading business because small experience would expose you to greater risks and it would be an avenue of series of losses too. It is very expedient to wait and invest all the time that you can in order to gain good amount of experience and knowledge because they are the key to becoming a better and profitable forex trader.

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  3. #1182
    Trader mexima's Avatar
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    well that is good to learn the meta trader because mostly trader does not know about the indicator of meta trader which is more help to make good amount o pip how ever best website are just based on their own experience better to learn your own self and make your own analysis like you read the meta trader .

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  4. #1183
    Rookie ola4real's Avatar
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    Quote Originally Posted by mexima View Post
    well that is good to learn the meta trader because mostly trader does not know about the indicator of meta trader which is more help to make good amount o pip how ever best website are just based on their own experience better to learn your own self and make your own analysis like you read the meta trader .
    There is no further option I see with forex traders than learning, it is until we learn that we can be able to know the necessary things to be doing in forex field. Forex traders who wants the best could only get it through their full experience, even the half experience could make traders to lose more than wayht they bargained for. And with the experience we have, we should get set for proper usage of it too.

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  5. #1184
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    If we want to be successful in our trading we have to make sure that we acquire proper trading experience and knowledge, we cannot handle this market properly with small experience or knowledge so therefore it's important we acquire proper experience and knowledge that will help us build that strong trading strategy and skills.

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  6. #1185
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    Experience have been one of the most profitable thing for us and with proper experience we will understand what we can do and work in the best way we can achieve good result. A good trade is important and with experience we will likewise know what should be done and get ready to follow the best trade. Experience plays a huge role in our success in forex and we should always learn from experience and realize what we should do at the right time.

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  7. #1186
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    Good risk management will always work irrespective of the experience we have, with the small experience we have gotten while trading and then adding that to our risk management ability, it will make forex to the very simple to trade, what I don't appreciate however is for traders to have high appetite for risk without self control.

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  8. #1187
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    Firstly i disagree with small experience because it doesn't work for Forex trading as a business and that is why we have mentors to easily learn and ride on their experience in the market to understand some characteristic.Good experience concept and small risk would be a good plan to trade and make consistent profits in this market.

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  9. #1188
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    Actually most traders dont know that risk is one of the greatest losses effect to your trades, when you have a winning trade , with high risk it means you earn more, but at as the same time , with high risk it means you lose more if not all, because say for example you have an account with 100$ and then you place a trade, say with 1 mini lot, and the stop loss is 20 and the take profit is 20, which means if in favor, the take profit will be 20$ but also if losing, the stop loss will be minus 20$, that also should be put into account that risk can destroy your account, in the same account if you have 2 micro lots, then take profit would be 4$ and if loss 4$, truly small but that gives you a chance to live longer on your trading life.

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  10. #1189
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    Quote Originally Posted by mkubwa View Post
    Actually most traders dont know that risk is one of the greatest losses effect to your trades
    In fact, risks is associated with the forex trading business at all times whether we are the professional traders or newbies an what makes the risks to come to the lowest point is the level of your knowledge and experience about the forex market, and that is why it is the most important thing to get to learn how the forex market works in order to become a better trader. Learning more about eh Forex market exposes you more to good trading skills and in turn creates more opportunities for you to start earning in the field of trading.

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  11. #1190
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    Small experience and small deposit of 100 hundred will sooner or later cause the loss. Trading safe with good money management and earning a few dollars will not be enough for trader. And trader will try to use 0,1 lot on so small account in order to earn big and fast money and he will lose deposit but he will gain the knowledge about risk and money management rules.

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