If a trader wants to get stable income in his business - Page 101
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Thread: If a trader wants to get stable income in his business

  1. #1
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    If a trader wants to get stable income in his business

    If a trader wants to get stable income in his business then he must try to first understand the trends in the markets and then only start doing his trades so that the risks are minimal.

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  2. #1001
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    Quote Originally Posted by splash View Post
    Well, I think it is all possible and will depend on the trader here, when a trader wants to get stable income as a forex trader, there are things he needs to know, thus he has to learn and understand the strategy he should make use of when trading. Forex trading is a risky business and we need to understand the fact that making money from the business takes discipline and consistency.
    We can earn a fixed or stable income from forex because we can control every thing in forex. We can set our every day targets and our earning. If you want earn 50 pips on daily basis then you can get 50 pips easily every day from this business. In all other business or jobs our earning is fixed in shape f salary but in forex our earning is not fixed we can earn what we want from this business.

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  3. #1002
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    Quote Originally Posted by hussain3 View Post
    We can earn a fixed or stable income from forex because we can control every thing in forex. We can set our every day targets and our earning. If you want earn 50 pips on daily basis then you can get 50 pips easily every day from this business. In all other business or jobs our earning is fixed in shape f salary but in forex our earning is not fixed we can earn what we want from this business.
    Controlling everything in our trading properly or even controlling our own emotions is not so easy. Earning a stable income is a sign of success but most of us end up getting stable losses. It would not be possible to end up all days in profits but those who have trust on themself and their work can get stable income here.

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  4. #1003
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    For us to make stable income and make it consistently always we must construct a good trading system, it's only a good trading system that can help us make money in this business consistently if we don't develop a good trading system then it won't be possible for us to make stable income.

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  5. #1004
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    Quote Originally Posted by jiji View Post
    For us to make stable income and make it consistently always we must construct a good trading system, it's only a good trading system that can help us make money in this business consistently if we don't develop a good trading system then it won't be possible for us to make stable income.
    Yes, I also think that very possible to get stable income in forex trading business but must be supported with good trading skill also, while to have good skill of trading of course we have to learn by increasing our understanding to forex trading business and good mental too.

    However this really takes patience because with it we will undergo the process as seriousness, no trader can succeed or get stable income in a short time from forex business, it all takes a long process and time, besides consistent and discipline is needed in running the process of learning trading

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  6. #1005
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    the trader that wants to get stable income should be able to know how to trade well and analyze the market well then he needs to know how to determine the proper risk for each trade then he will get successful trade and make it more effective and more profitable, and so the trader will be able to make good and consistent income from the market.

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  7. #1006
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    Quote Originally Posted by ChandniNight View Post
    Controlling everything in our trading properly or even controlling our own emotions is not so easy. Earning a stable income is a sign of success but most of us end up getting stable losses. It would not be possible to end up all days in profits but those who have trust on themself and their work can get stable income here.
    our minds are just like this forex market, full of uncertainties and can't be easily controlled. but if we use some setups which properly managed, i think even the hardest market movement can be controlled slowly step by step. such stable income requires us to get better trading skills both for entries and exit. know when and where to enter the market, and realize when to exit. don't be such greedy to avoid stopped out account.

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  8. #1007
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    We must develop a good trading system before we can have the assurance of making stable income, a good trading system is what we need to make stable income in this business as long as we have a system that work very well we will make money in the market.

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  9. #1008
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    Stable income is not something that is impossible as far as we learn and understand how to trade and develop better experience and knowledge before we trade in the live account we'll be able to trade and make stable income in the market it take the right understanding of the market to make stable income.

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  10. #1009
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    Quote Originally Posted by Kelv View Post
    Stable income is not something that is impossible as far as we learn and understand how to trade and develop better experience and knowledge before we trade in the live account we'll be able to trade and make stable income in the market it take the right understanding of the market to make stable income.
    It is possible to make the stable income really, but the trader will have to do more than understanding or learning the market. There should be really a good way of trading for all trader, and i am sure that success will follow. Traders need good system to trade, and implement what they know with management approach too.

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  11. #1010
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    Quote Originally Posted by cozard007 View Post
    It is possible to make the stable income really, but the trader will have to do more than understanding or learning the market. There should be really a good way of trading for all trader, and i am sure that success will follow. Traders need good system to trade, and implement what they know with management approach too.
    I do believe what you wrote here, the traders that want stable money can not think it is by learning alone, many have done the learning and they have nothing to show for it. What i believe here is how traders are working with system and styles which are good as you said. This will include the management in my thinking also.

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