Some Helpful Tips exchanging forex. - Page 52
Page 52 of 52 FirstFirst ... 2424849505152
Results 511 to 520 of 520

Thread: Some Helpful Tips exchanging forex.

  1. #511
    Quote Originally Posted by Abhishekwala View Post
    Aggression might be good somewhere else but not in Forex, many traders get aggressive and take high risks which easily kills their account. But the huge possibilities of earning with Forex makes it quite alluring, and also difficult to keep our own greed under check. The most important thing is that beginners learn to survive here, no matter how small profits they manage to earn.
    Yes, trading should be slow and without sharp movements and agressive trading because big size lots will destroy the account sooner or later. Traders should be patiente and wait for good entry point. Trading in a hurry causes many mistakes and it costs money. Traders should go slowly and earn every day little but consistent profits.

  2. #512
    Quote Originally Posted by Krosneles View Post
    Yes, trading should be slow and without sharp movements and agressive trading because big size lots will destroy the account sooner or later. Traders should be patiente and wait for good entry point. Trading in a hurry causes many mistakes and it costs money. Traders should go slowly and earn every day little but consistent profits.
    It's pointless to rush market in a hurry without making many plans and analysis of market. you're so true that excessive trading could lead to bad result and worse with stop out. market is unforgiving, we can't beg to it and give back our lost trades to our account because if we want to retrieve our past trades, nothing we can do except to trade and analyze better.

  3. #513
    Quote Originally Posted by Rylai View Post
    It's pointless to rush market in a hurry without making many plans and analysis of market. you're so true that excessive trading could lead to bad result and worse with stop out. market is unforgiving, we can't beg to it and give back our lost trades to our account because if we want to retrieve our past trades, nothing we can do except to trade and analyze better.
    Those people trade in a hurry who overtrade and think that this way relying on luck they can make a huge profit daily. It is true that discipline matters a lot because without discipline we cannot stand the pressure of trading and react logically to all situations. We need to be very attentive towards our real experience so that it is the way through which all the secrets of survival and earning in Forex are unveiled.

  4. #514
    Quote Originally Posted by Abhishekwala View Post
    Those people trade in a hurry who overtrade and think that this way relying on luck they can make a huge profit daily. It is true that discipline matters a lot because without discipline we cannot stand the pressure of trading and react logically to all situations. We need to be very attentive towards our real experience so that it is the way through which all the secrets of survival and earning in Forex are unveiled.
    That is one reason why I think I will never want to make use of the scalping method in trading, because scalping is also one of the trading strategy that will get to make you trade in a hurry, I will instead want to make use of the long term trading method, which I can make use of in trade properly. There are some tips the traders should understand about the market, the main way of trading is gotten with analysis making.

  5. #515
    Trader
    Join Date
    Aug 2015
    Posts
    12,808
    cutiekc, no scalping is not like in hurry, in reality when we do scalping we people try some swing trading and whenever we trade with this strategy we loses, because we try to earn from every order and on some down we buy and some up we sell, so this is wrong way, all time we people do not earn, so in opposite order we can really lose here, so make sure you do on base of experience not just swing orders, this is wrong thing we need to trade slowly

  6. #516
    Quote Originally Posted by cutiekc View Post
    That is one reason why I think I will never want to make use of the scalping method in trading, because scalping is also one of the trading strategy that will get to make you trade in a hurry, I will instead want to make use of the long term trading method, which I can make use of in trade properly. There are some tips the traders should understand about the market, the main way of trading is gotten with analysis making.
    Scalping is a bit risky for traders who always trading in long term. at first i once thought the same that scalping was dangerous to do but after several times practiced with it, until now it suits me well. i don't always trade with scalping but when i do, i only use low volatility movement and make couple trades just to fill my time during my observation.

  7. #517
    Trader Lyon's Avatar
    Join Date
    Jul 2017
    Posts
    9,846
    The tips to help you become successful is all about the right means of trading, you should seek the demo account knowledge and learning so that you can develop the best trading method. Experience is the best way to succeed the business. Therefore it will be best that you stick to the use of the demo account to master your trading strategy so as to have a well developed experience.

  8. #518
    There are some businesses or investment opportunities that can be done or carried out with little knowledge and experience but Forex trading is not like that . There is no way anyone can succeed without acquiring the knowledge, skills and experience in the first place through serious learning and result oriented practice. It is through this process that one discovers some trading tips that will be of help when trading with live account . Everything boils down to proper acquisition of knowledge, skills and experience before any reasonable feat can be achieved in forex trading .

  9. #519
    Quote Originally Posted by Lyon View Post
    The tips to help you become successful is all about the right means of trading, you should seek the demo account knowledge and learning so that you can develop the best trading method. Experience is the best way to succeed the business. Therefore it will be best that you stick to the use of the demo account to master your trading strategy so as to have a well developed experience.
    Yes, new traders can get many useful tips how to do that or that but I do not think that they listen to the tips. Human nature is such that we have to do all mistakes ourselves and only then to learn from our mistakes. There are very little people who learn from other people mistakes and do not repeat them. It is human nature and we are not able to change it.

  10. #520
    One of the most mainstream and significant devices of money management traders use to ensure their capital is the defensive stops. The defensive stop is a predetermined point that denotes the greatest loss a trader is happy to continue a solitary position on any exchange. It is intended to control trading losses and some refer to it as a "money-management stop" since it prevents the total loss of capital. It relates to the risk-to-reward ratio or the level of risk a trader is eager to take with his capital when entering a position.

Page 52 of 52 FirstFirst ... 2424849505152

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •