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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. #301
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    So far so good, your experience as a forex trader will determine of your success. Having good trading experience will enable you have the right trading skills. Because we make adjustment with each and every experience we have in the market being that the more the experience the more the success. Therefore take forex trading seriously and you will make a lot more money.

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  3. #302
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    Experience remains where we learn the best way, any one that wants to become better and develop a good trading strategy about forex trading needs to make sure they have gotten the best of knowledge and experience. Good trading experience come with good discipline, so there is no space for those with little experience because they will keep on making mistakes.

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  4. #303
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    Quote Originally Posted by biru View Post
    Our trading risk is very important part of this business and we must need to take risk to see the market movement. Some time risk is big but reward is very low at that time we are not need to enter in a trade. We will need to take risk only when our risk is small but our earning is high. In this way within very short time period we will make huge money from this market easily.
    Everything we are doing in the market has to be carefully measured, this will make sure that we are not regretting everything we are doing. We are at the liberty to take any risk we want as traders, but it is better that we take things so easy, that is how we will be successful. When traders could have experience as well, this will help the trader to carefully plan the risks they will be taking with their particular trading strategy, this will make the work of the trader to be smooth.

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  5. #304
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    Quote Originally Posted by ajagbeolegba View Post
    Everything we are doing in the market has to be carefully measured, this will make sure that we are not regretting everything we are doing. We are at the liberty to take any risk we want as traders, but it is better that we take things so easy, that is how we will be successful. When traders could have experience as well, this will help the trader to carefully plan the risks they will be taking with their particular trading strategy, this will make the work of the trader to be smooth.
    To be careful in the sense we use our experience and do everything in Forex trading with a strategy and plan. Experience has to be gathered for success and one thing that you need to get experience is to stay long in this field. Forex is not that simple thing, many are losing here so we should not think little knowledge or experience will be enough.

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  6. #305
    Registered user techboy's Avatar
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    If we use this kind of approach we may end up relying on someone's analysis and we will not progress as a knowledgeable trader that can make our own trade decisions, and besides not all market analysis will be the same that can also cause confusions in our part, the best thing to do if you really want to become a successful trader is to learn the very basics of trading and every aspects therein is such way you can develop your own skills in analyzing the market.

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    " Trading is 70% Psychology, 15% Risk Management and 15% Strategy ! "

  7. #306
    Trader Obaforex's Avatar
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    The bad thing with checking multiple websites for forex trading analysis when you completely lack idea of what to expect from the market yourself is that, you will most likely end up confuse either from seeing conflicting views or from information over load. Also its important to note that in the forex market the most obvious market moves usually end up not happening i.e the day you luckily get the same or similar analysis from all the website is very likely going to be the day they will all be wrong.

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  8. #307
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    Quote Originally Posted by Obaforex View Post
    The bad thing with checking multiple websites for forex trading analysis when you completely lack idea of what to expect from the market yourself is that, you will most likely end up confuse either from seeing conflicting views or from information over load. Also its important to note that in the forex market the most obvious market moves usually end up not happening i.e the day you luckily get the same or similar analysis from all the website is very likely going to be the day they will all be wrong.
    Yes we can look at one or two good websites but then we should also have our own knowledge and experience to study the market. Experience makes the difference but then trader has to take time to learn from his past trades, losses and profits. Forex trading will be doable without proper analysis but it would not be then any profitable.

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  9. #308
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    We need to have the right trading experience and knowledge before it will be possible for us to trade and succeed in this business, forex trading is a risky business we need to have a very good trading experience and right risk management before we can trade and survive in this business for as long as we want, trading with big risk is not recommended for any forex trader.

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  10. #309
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    If you value your trading account, you should be able to know the main need of experience. It is not a child's play and it is something that all traders needs to have. Having greater experience is going to increase our ability to being profitable. Using the demo account alone can let one know the right amount of experience that is needed for trading.

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  11. #310
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    We need a good trading experience and knowledge to trade forex properly well if we don't have a good trading experience and knowledge we can't make money consistently, and it's very important as traders we make more than we lose that's when it will be possible for us to be succeed trading in the market, so better trading experience and knowledge is required for successful trading.

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