Quality of trades vs quatity of trades
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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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    Quote Originally Posted by layigold View Post
    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.
    Well said and to make this high probability and quality trades we need lot of experience. There are no shortcut way to earn from Forex. Our learning process is throughout every steps of trading.We have to gather experience through trading in demo account and apply this experience in real account to get the desired result.

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    Registered user lawners1791's Avatar
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    to work with the customs as having of basics with the details on technical competence and the manage with the past on possessing knowledge and good understanding on appealing risks on returns with the moderation.
    to gains of chance with the further attains on field with the market of the business with the finance to deliver of returns as managing the good disciplines on following use of terms.

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    Registered user cutiekc's Avatar
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    This is a very good thread and all I have to say is that it all depends on the trader, but then on the right sense, for us to make money we need to see forex trading as a business where in we have to open positions based on quality and not of quantity, therefore we need to know that make money is not depending on how many traders we have made.

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    Registered user layigold's Avatar
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    Quote Originally Posted by forexfighter007 View Post
    There are no shortcut way to earn from Forex
    I really fall in love with the way you have contributed to the thread because majority of newbie traders think that there is a shorter route to success in forex trading and that is the more reason why those peoples are always found looking for the holy grail. The truth is that nothing good comes easy in forex trading, there is a price that one will have to pay if he must get the desired results. Behind every successful achievement is a great price and sacrifice that must have been made from the trader himself.

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    This is a very good thread and you have explained really well about this real truth that we have to spend time with quality of the trading, not with the quantity of trading, this is true that all new trader's want to find out holy grail and short term success trading methods, But there is no route available in forex which can give us success in short term time, Time is needed to become expert.

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    It should be more of quality trading. Thus, that is what I think the successful traders all do when they trade, thus when they have made analysis and it seem like the analysis does not meet with what they want, wherein not giving them the quality trade they want, they would not take that trade.

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    Well we must understand this thing. If we want to make money in the forex market it is very important that we make money with quality trades. Scalping is one of the most dangerous way of trading where you lose monney and where you lose plenty of them.

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    Registered user layigold's Avatar
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    Quote Originally Posted by Khimi234 View Post
    But there is no route available in forex which can give us success in short term time, Time is needed to become expert.
    You are very right in the sense that there is no cheap way to success in forex trading and those who are looking for shorter route will only end up in losses.Forex is not the type of business that will fetch you success or desired results in a short term. Those who plan to harvest green pips in the long term appear to stay long in this line of business since success is always achieved in the longer term

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    Quote Originally Posted by impexo27 View Post
    Well we must understand this thing. If we want to make money in the forex market it is very important that we make money with quality trades. Scalping is one of the most dangerous way of trading where you lose monney and where you lose plenty of them.
    yes, we must understand thing but that understanding will only come after serious learning and result oriented practice but what is the percentage of those that have got things right in this regard, obviously very few people.Those that result into scalp trading because they want to make huge profits within a short term will have themselves to blame because they will not last long in forex trading industry

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    Quote Originally Posted by layigold View Post
    yes, we must understand thing but that understanding will only come after serious learning and result oriented practice but what is the percentage of those that have got things right in this regard, obviously very few people.Those that result into scalp trading because they want to make huge profits within a short term will have themselves to blame because they will not last long in forex trading industry
    Yes few people have the knowledge and mastery over the art of successful trading and that is why only few traders are actually successful. Majority of people come to Forex with the view of finding easy money and quick money and this is why majority of people in Forex are actually loosing money. So we should bear in mind that there is no easy money in Forex and only our hard and sincere work will be paid.

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