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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. #21
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    Quote Originally Posted by cozard007 View Post
    It is the market of winning or losing truly, and the best that could happen to any trader is to make sure that they are really experienced about this business, and be using what they know to their advantage, and this is going to make sure that the market is making money for the trader as it is supposed to be done.
    Anything can happen in the market, but traders should be incharge of what might happen in their trading account, they need to take responsibility of how they trade and what possibly will happen. It is quite important to know and understand on how the market works, much learning brings in more earning, that have learned about trading.

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  3. #22
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    Quote Originally Posted by Queen-of-the-coastFX View Post
    Anything can happen in the market, but traders should be incharge of what might happen in their trading account, they need to take responsibility of how they trade and what possibly will happen. It is quite important to know and understand on how the market works, much learning brings in more earning, that have learned about trading.
    There are so many opportunities in the business, traders just have to learn and understand how the business works. Before we can become successful, what trader's needs is to have more better understanding on how the business works. There is no simple ways to being successful. You just have to keep on learning if you wish to succeed in the business.

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  4. #23
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    I think it is the total result of market like here is discussing all the aspect of trading we have to understand the market with good sense it is true market where we can earn money with the good experience we have to follow the step to follow these are the rules and reality of market we can work hard to get good results .

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  5. #24
    Trader musiliu's Avatar
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    An honest truth that newbie hate to hear and always fail to prepare for is that trading involved many profiting trades and losing trades, newbie may realize this but may fail to prepare for the losing trade with a good money management plan, they always want think about making profit on evert trade and may use high lot and not thinking of the implications of it is a losing trade.

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  6. #25
    Trader YoyO_o's Avatar
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    trading in forex is not easy way to get money . first you must had learnt how to trade in this big market . i think training will be the best choice to have enough experience and will have enough ability to make good income So that you do not be hasty in deciding to enter the forex market is running

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  7. #26
    Trader layigold's Avatar
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    I agree with all the points you made in your thread and the first thing every forex trader must have at the back of his mind is that anything can happen in forex trading and that is the reason why you must manage risks of trading properly and make sure that you use protective stop loss each time you place a trade.You mentioned, " never think about the future" , I buy into this idea and that is why I normally tell people to always trade what they see on the platform

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  8. #27
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    Quote Originally Posted by layigold View Post
    I agree with all the points you made in your thread and the first thing every forex trader must have at the back of his mind is that anything can happen in forex trading and that is the reason why you must manage risks of trading properly and make sure that you use protective stop loss each time you place a trade.You mentioned, " never think about the future" , I buy into this idea and that is why I normally tell people to always trade what they see on the platform
    Anything can happen in the market but with analysis we can know the general directions and sentiments of the market. With risk management we can avoid big losses and keep our trading good going. Analyzing the market helps you to evaluate about at which area the market is standing and where it going. The concept of most of the people that stop loss is not necessary is wrong.

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  9. #28
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    Quote Originally Posted by komalam View Post
    Anything can happen in the market but with analysis we can know the general directions and sentiments of the market. With risk management we can avoid big losses and keep our trading good going. Analyzing the market helps you to evaluate about at which area the market is standing and where it going. The concept of most of the people that stop loss is not necessary is wrong.
    Anything can happen in the market and hence all the time we cannot expect to only get profits. We can not become free from losses in Forex because success is making making continuous money with least losses. So there is only one way of earning and that is with patience.and strict following of risk management.

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  10. #29
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    Quote Originally Posted by Deepika View Post
    Anything can happen in the market and hence all the time we cannot expect to only get profits. We can not become free from losses in Forex because success is making making continuous money with least losses. So there is only one way of earning and that is with patience.and strict following of risk management.
    Forex is uncertain and here getting loss is normal but they should not be very big. We need to practice enough and be ready to learn from our losses instead of getting depressed by them. If one forgets his mistakes then he will never learn anything like discipline, risk management etc and his losses will continue to grow bigger.

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  11. #30
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    We can bed virtually the Forex trading group.We can garner money Forex by lettered Forex upbringing. education grouping provide us to couple active Forex trading method and it also make opportunities for us to acquire money.But until now i did not hit any loose stimulat all are with formal costs

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