Quality of trades vs quatity of trades - Page 195
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Thread: Quality of trades vs quatity of trades

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    Registered user layigold's Avatar
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    Quality of trades vs quatity of trades

    It is not the quantity of trades that determines how successful one can be in forex trading but the quality thereof and that is why you must not run after taking too many trades but rather you should exercise enough patience until you see a good high probability trade. Trader A who only took less than 5 trades in a month might end the month in good profits than trader B who had more than twenty trades in a month. I think that forex brokers will like those who take too many trades because that is where they earn their incomes in term of the spread they charge.

    To be successful and remain so, you must strive to embrace the quality trades and not the quality. Any contrary opinion is welcome.

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    Registered user cutiekc's Avatar
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    Quote Originally Posted by Ulthred View Post
    Instead of quantity, choose quality because quality will easily override quantities in a very short time. If we are surely hoping to be of a standard in trading, then we should build a quality system that can bring about consistent profits for us. We should also consider risk management as part of the deal because when this is absent, there is no way you can expect to have a proper wining method.
    You made a point, we ought to look at the long term results and when we are been able to look at the long term results, we will comprehend that quality is best, which means that we will see to the reason why we shouldn't be the kind of trader that takes trades for trading sake, but we should be the sort of trader who makes good analysis, prepares for the market and then select the best of trades to be taken.

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    Registered user ola4real's Avatar
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    Quote Originally Posted by cutiekc View Post
    You made a point, we ought to look at the long term results and when we are been able to look at the long term results, we will comprehend that quality is best, which means that we will see to the reason why we shouldn't be the kind of trader that takes trades for trading sake, but we should be the sort of trader who makes good analysis, prepares for the market and then select the best of trades to be taken.
    It is not a good idea to be looking at the short term results, the forex traders who are looking at the short term results are the ones who are trading with the short term strategies. This is the bad forex strategy who will make traders to be trading in the quantity manner, not the quality manner. And like we all know, trading in the quality manner is better, that is what i know that can cause success for traders with ease.

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    Working to build a highly quality trading will be more interesting than looking over to open large number of ineffective trade that would easily lead to loss. Having a quality trade is important and if we are ready to learn about this business, we should do well to manage this trade and seek on the best chance to stay successful. A quality trade is necessary and its sure the way to see that we can build something in forex. With plans in place we will have the chance to succeed and will have what it takes to build a strong trade.

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    Registered user Azis Muslim's Avatar
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    Choice really matters in this Forex trading and between quality and quantity, most traders who has more experience will prefer to have better quality with their trading. Only beginners or the advanced ones that choose to trade and get the quantity, meaning they do not really focus on the accuracy or safety of their account but to work hard to make as many profits as they can. Well they could only do that by understanding the fact that quality of trading is not only important but also required as the rule to pass first.

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    Registered user mexima's Avatar
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    that the way how professional you trade in the forex market some trader only take 5 trade in the month and achieved their goal but some trader who take 100 trade but unable to get their target that is lack of knowledge because they start making loss between 50 trade and last 50 trade they try to recover their previous 50 trade loss..

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    Quote Originally Posted by mexima View Post
    that the way how professional you trade in the forex market some trader only take 5 trade in the month and achieved their goal but some trader who take 100 trade but unable to get their target that is lack of knowledge because they start making loss between 50 trade and last 50 trade they try to recover their previous 50 trade loss..
    Yes traders who are taking 5 trades are usually and more probably earn more than traders who take 50 trades a month. Forex need quality but all traders dont take the things that way, some believe it wrongly and even over trade. Usually beginners are fond to have such misconception. We all know that knowledge and experience are necessary in this field.

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    Quote Originally Posted by AmitChallenger View Post
    Yes traders who are taking 5 trades are usually and more probably earn more than traders who take 50 trades a month. Forex need quality but all traders dont take the things that way, some believe it wrongly and even over trade. Usually beginners are fond to have such misconception. We all know that knowledge and experience are necessary in this field.
    50 trades per month is good but this is possible if we have proper management if we have patience, when we wait for more and more time we can secure self and can earn something good, so work hard and be patient and before entering every time make sure you do well and do on base of proper learning otherwise if you will not take a decision on base of analysis you can ruin self

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    Quote Originally Posted by naeem555 View Post
    50 trades per month is good but this is possible if we have proper management if we have patience, when we wait for more and more time we can secure self and can earn something good, so work hard and be patient and before entering every time make sure you do well and do on base of proper learning otherwise if you will not take a decision on base of analysis you can ruin self
    I agree to that, if forex traders could still limit their trades to 50 trades per month, it is good. It is the forex traders who are making about 500 trades or more in a month that are trading too much, but if that traders still know what he is doing and are getting income through that trading activities, there is still no problem about that. That is why it is good that we are trading according to a good experience, that will make sure that we are trading in the quality manner.

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    Registered user Toyen's Avatar
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    Quote Originally Posted by mexima View Post
    that the way how professional you trade in the forex market some trader only take 5 trade in the month and achieved their goal but some trader who take 100 trade but unable to get their target that is lack of knowledge because they start making loss between 50 trade and last 50 trade they try to recover their previous 50 trade loss..
    It is not about the amount of the trades you made that will let you gauge your quality or quantity of trading. Some traders might be scalping, and they might open and close 150 trades in just a day, that does not mean that the traders are still trading badly, they might be trading in the quality way. What traders will be sure that they are trading in the quality way is that they will always follow their trading system rightly, that is the difference here.

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    Registered user Silhouette's Avatar
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    Quote Originally Posted by ola4real View Post
    I agree to that, if forex traders could still limit their trades to 50 trades per month, it is good. It is the forex traders who are making about 500 trades or more in a month that are trading too much, but if that traders still know what he is doing and are getting income through that trading activities, there is still no problem about that. That is why it is good that we are trading according to a good experience, that will make sure that we are trading in the quality manner.
    Trading isn't about determining the number of trades we can make in monthly or daily basis because market itself is uncertain, we can't predict how many times we can enter the trade and how long we should wait for best momentum of trading. Sometimes in a week we only trade 5 times, once per each day because market is so fragile and our strategy can't help us with its analysis. Always be grateful for what we can make and learn more to increase the chance.

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