Five fundamental truth you must know before trade - Page 28
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Thread: Five fundamental truth you must know before trade

  1. #1
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    Five fundamental truth you must know before trade

    As we know forex business is always full of so many risk and we should always be alert and educated for the forex trading. We must remember that if we want to make the great success in the forex market then we must always have the good ability to understand the market direction. If we will learn this art then we will be able to make the great profit in the forex market.

    Five fundamental truth.

    1.Anything can happen.

    Being a good trader first of all we must have to keep in mind that in the forex market any moment anything can be happened so we must always be ready to face every change and challenge in the forex market.

    2. Never think about the future.

    While making trade in the forex market in the present we should never pay our focus on thinking about the future indication as this can surely affect our trading style and we should always pay focus on the present market more than future happenings.

    3. Wining and losing

    This is the naked reality of the forex market if someone is gaining the money in the market then there is someone who is losing the money in the forex market. So we must never be dis heart ever.

    4. Indication with indicator

    We should always make the deep study of the forex market and more than all we should always make the good use of the indicator in order to get the proper indication about the forex market.

    5.Cash every moment in the market

    We should just make the every trade with the trust and we should always make the good cash of the forex time and that is why we should make the active role in the trade and cash the every moment in the forex market.

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    Those who runs only they win the race of life.

  2. #271
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    Forex trading market gives us that opportunity by which we can make money from it. Therefore we have to also know that any thing can happen. Meaning that we could loss our money or loss our money. but when we work hard we achieve a lot of things in the market. Another truth is that there is no limit to the earnings but it depends on the level of knowledge we have.

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  3. #272
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    Quote Originally Posted by Darkhorse View Post
    Forex trading market gives us that opportunity by which we can make money from it. Therefore we have to also know that any thing can happen. Meaning that we could loss our money or loss our money. but when we work hard we achieve a lot of things in the market. Another truth is that there is no limit to the earnings but it depends on the level of knowledge we have.
    It is a common thing in all kinds of business that the losses may occur from time to time. That is how the business has been and for a matter of fact. We only succeed depending learning of it. Forex is not bad, the way by which traders makes their trades will determine the success they get from the business. Traders are the ones to make the right choice and the wrong choice.

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  4. #273
    Trader xauyuro's Avatar
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    which I know, and maybe traders also know, that no one can know where the market will move. what we can do as a trader is to predict, then make scenario plans A and B and so on. that's the benefit of technical knowledge, you can make a trading plan per time frame (depending on your trading method) to create the limits of support and resistance, make the entry point and out the loss limit that you are ready to accept. sometimes also the market moves because of the encouragement of fundamental factors such as the news release from the country concerned, and other conditions that affect the movement of related currencies.
    Some traders who have a particular trading system will avoid news, some also declare themselves as news hunters.
    some even think that news is not something that matters. overall everything is up to you.
    whatever the reason, all of them still aim to get profit

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    Last edited by Gamer; 07-03-2019 at 07:36 PM.

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